Beach Energy Ltd’s Post

Beach sharing revenues in an LNG cargo with Mitsui @Aud $24 GJ and getting a condensate cargo in advance of Waitsia startup. Good outcome albeit late. Beach is the first non North West Shelf participant to lift LNG from Australia’s first LNG project. Many stakeholders looking forward to regularly cargoes when Waitsia is producing. Late production is very disappointing given it’s a small plant by world standards being built 400km from Perth. On related news, rumours abound of a lifting of the 100% ban on onshore gas being tolled via the NWSV. This should assist existing Perth Basin resource holders including Strike Energy, Min Res and Warrego (there could be others) launch projects which sell both domestic gas and LNG.

Late to this, but super data point for the domestic gas reservation debate swirling WA. Beach Energy's half year results show you can double or triple your money selling WA gas offshore versus to domestic industrial customers at the moment. I'd call that a conundrum for Government as it decides its 'export or not' decision for other domestic gas fields. #exportornotwhatshot #energy #gas #madeinwa?

Long the subject of rumored deals, Endeavor Energy is being snapped up at last in a deal valued at $26 billion. Read more here: https://lnkd.in/gYScEEJK #SPEjpt #Energy #OilandGas

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The energy transition isn't a seamless process. As this important Hydrostor blog post shows, there are tipping points along the way. We need to understand them and be ready. Worth a read. https://lnkd.in/d8HWrvgd

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𝗕𝗲𝗵𝗶𝗻𝗱 𝗜𝘁𝗮𝗹𝘆’𝘀 𝗹𝗮𝘁𝗲𝘀𝘁 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝘀𝗰𝗵𝗲𝗺𝗲 𝗳𝗼𝗿 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿𝘀: 𝗱𝗲𝗺𝗮𝗻𝗱 𝗴𝗿𝗼𝘄𝘁𝗵, 𝗻𝗲𝘄 𝗿𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲𝘀 𝗮𝗻𝗱 𝗣𝗣𝗔𝘀 The “Energy Release” scheme is designed to support energy-intensive industries in exchange for new renewables buildout. The scheme is open to Energy Intensive Industrials (EIIs) with a minimum yearly consumption of 1 GWh and will take the form of a 2-way CfD. Head to the Market Insights section of PexaQuote to find out more on what we know about the strategic initiative: https://lnkd.in/ebgDBvD7 Don’t have a PexaQuote license? Get in touch and we’ll help you sign up so you can stay updated with our extensive renewables market coverage: https://lnkd.in/gS_ARNiG #PPA #RenewableEnergy #CleanEnergy #EnergyTransition #Italy

𝗥𝗲𝗱𝗲𝗳𝗶𝗻𝗶𝗻𝗴 𝗲𝗻𝗲𝗿𝗴𝘆: 𝘁𝗵𝗲 𝘀𝘂𝗿𝗽𝗿𝗶𝘀𝗶𝗻𝗴 𝗿𝗼𝗹𝗲 𝗼𝗳 𝗼𝗶𝗹 𝗮𝗻𝗱 𝗴𝗮𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗴𝗿𝗲𝗲𝗻 𝘁𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻 illuminem Voice Leon Stille discusses how oil and gas can support the transition to sustainable energy 🌍⛽ Highlighting the role of these resources in maintaining energy security while moving to renewables 𝗞𝗲𝘆 𝗽𝗼𝗶𝗻𝘁𝘀: •𝗕𝗿𝗶𝗱𝗴𝗲 𝗳𝘂𝗲𝗹𝘀: Supporting the transition  •𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: Cutting carbon footprints  •𝗘𝗻𝗲𝗿𝗴𝘆 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆: Meeting immediate needs and future goals Read more: https://lnkd.in/daGBxsY5 Subscribe to our CSO Newsletter: https://lnkd.in/dTdMp9j #EnergyTransition #Sustainability #OilAndGas #Renewables #IlluminemVoices