Australia Exclusives

LNG production, particularly in Australia and the U.S., ramps up, while demand takes a hit. How will the global LNG market react?

The Northern Territory government has shot down Palatine Energy’s plans to extract tight oil in the Watarrka national park, a move company managing director David Falvey has described as profoundly disappointing. 

Aubrey McClendon, Australia, Chesapeake, Armour

Having received shareholder approval for American Energy Partners’s US$130 million farm‐out in Australia, the Oklahoma City-based company's proportional bid for 13.62% of each Armour share priced at 25 cents will now proceed.