Oil & Gas

Gas code promises secure supply at ‘reasonable’ prices

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Gas code promises secure supply at ‘reasonable’ prices

A mandatory industry code of conduct is expected to make gas available for Australian users at “reasonable” prices for the next two years. But the gas industry says the test for the code will be whether it supports urgently needed investment to bring on new gas supply to avert future shortfalls and put downward pressure … [Read more…]

Chevron’s carbon capture flagship stuck at one-third capacity

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Chevron’s carbon capture flagship stuck at one-third capacity

Chevron’s flagship carbon capture and storage project faces years of work to hit full capacity, underscoring the challenge of a technology seen as necessary to help the world hit climate goals. The Gorgon CCS project, one of the largest of its kind in the world, needs investment to boost performance and will be stuck at … [Read more…]