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Oil explorers shrug off critics and hone drill bits

Explorers are forging ahead with the search for new fields, arguing that fossil fuels are still needed despite the global push towards net zero emissions. ....

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LNG enjoys $48b bounce on China recovery

China overtook Japan as Australia’s biggest customer for LNG in 2021, helping propel export revenues up 25 per cent despite the pandemic, said EnergyQuest. ....

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Qatar to retake LNG crown with mega project

Qatar to retake LNG crown with mega project
Feb 9, 2021 â 3.34pm
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Qatar is set to snatch back the ranking as the worldâs most powerful LNG exporter after pressing the button on the biggest expansion project so far, which will have an ultra-competitive cost of production.
Costing $US28.75 billion ($37.2 billion), the 33 million tonnes a year North Field East project will also raise the game on the carbon front as it will include what will be the worldâs largest carbon capture and storage project.
Qatarâs expansion project will also involve carbon capture and storage in a bid to secure the future of gas in a world aiming for net zero emissions.Â ....

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