Headline and a couple of quotes from S . M H
The average price per barrel of oil last year, at $US87.6, was well blow 2022’s $US110.1, and million-barrels-of-oil-equivalent per day production fell to 91.7, down on the previous year but on par with production during 2021.Barossa field - The company reported on Wednesday that the project is now 67 per cent complete with first gas expected in the third quarter of 2025. Half the pipeline from the gasfield to Darwin LNG is laid, with the first well complete and the second well is under way, it said.
claims its Moomba Carbon Capture and Storage (CCS) will be one of the lowest-cost in the world. The viability of CCS as a technology is still unproven.
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