Regional News: Austral-Asia

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Asia's Oil Markets Are Tightening As China Cuts Output, Fuel Stocks Dwindle
Friday, October 21, 2016 From sharp cuts to Chinese oil production to falling inventories of refined fuel products, signs are mounting that Asia's oil markets are slowly returning to balance.

Wheatstone LNG Development Start-Up in Mid-2017 Says Woodside CEO
Thursday, October 20, 2016 The Wheatstone LNG development is ready to start-up in mid-2017, according to Woodside Petroleum Ltd CEO Peter Coleman.

Woodside: Oil, Gas Deal Environment Has Improved Over Past Year
Thursday, October 20, 2016 The environment for getting deals done in oil and gas is better now than it was a year ago says Woodside Petroleum's Chief Financial Officer Lawrie Tremaine.

Quadrant Flows Gas, Condensate from Roc-2 Offshore Australia
Wednesday, October 19, 2016 Quadrant Energy announces that the Roc-2 well, located offshore Australia, has flowed gas and condensate during testing.

BP Scraps Plan To Drill Off Australia's South Coast
Tuesday, October 11, 2016 BP Plc abandons plans to drill for oil and gas off the south coast of Australia, saying it can get better value for its exploration spending elsewhere.


Gender Diversity Finds Its Place In Australian Workforces
Monday, October 10, 2016 The number of women employed in Australia's oil and gas industry has tripled in the past decade, but are there opportunities to lift gender diversity even further?

Falcon Updates on Drilling Ops at Amungee NW-1H Well in Beetaloo Basin
Friday, September 30, 2016 Falcon Oil and Gas (O&G) updates on hydraulic stimulation of the Amungee NW-1H well in Beetaloo Basin in Australia's Northern Territory.

NOPSEMA Seeks More Details on BP's Great Australian Bight Environment Plan
Thursday, September 29, 2016 The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) seeks more information on BP's Great Australian Bight environmental plan.

Oilex Cuts Staff in India, Perth by 30%, Reduces Wages
Thursday, September 29, 2016 Onshore oil and gas exploration and production firm Oilex Ltd will cut its staff in Perth and India by 30% as part of a cost reduction initiative.

MEO Australia Seeks Shareholder Approval to Rename Firm as Melbana Energy
Wednesday, September 28, 2016 MEO Australia seeks shareholder approval to rename the company Melbana Energy as its Cuba operations expand.

Real Energy Prepares for Tamarama-1 Well Test Program in Queensland
Tuesday, September 27, 2016 Real Energy prepares for a well test program at the Tamarama-1 well in Permit ATP 972P in Queensland, Australia.

Neptune Marine Services Bags Quadrant's Contract for Work Off Australia
Tuesday, September 27, 2016 Neptune Marine Services bags inspection support services contract from Quadrant Energy for work offshore Australia.

Hague Court To Arbitrate In East Timor-Australia Maritime Border Dispute
Monday, September 26, 2016 The Permanent Court of Arbitration in the Hague will oversee a compulsory arbitration between East Timor and Australia on their maritime boundary.

Singapore's NUS Slowly Builds its Petroleum Engineering Program
Monday, September 26, 2016 The National University of Singapore capitalized on the industry downturn to recruit experienced staff for its fledgling petroleum engineering program.