Angela Macdonald-Smith

Angela Macdonald-Smith
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Angela Macdonald-Smith writes on energy specialising in gas, oil, electricity. Based in our Sydney newsroom, Angela is chief of staff for resources and energy.

The GLNG venture shipped its first cargo from Gladstone last year.

Santos plunges to $US1.1b loss

Santos has plunged to a net loss of $US1.1 billion for the first half, dragged down by a heavy write-down on its new liquefied natural gas project in Queensland that it flagged earlier this week.

Diving commodities halve Woodside's first-half profit

But chief executive Peter Coleman said the oil and gas producer was in a "robust" position as oil price forecasts improve into 2017.

Origin Energy chief executive Grant King has overseen a decline in profits as commodity price have sunk.

Origin cancels dividend after full-year loss

Origin Energy has suffered a loss of $589m after big write-downs, and core profit for 2015-16 plunged 41 per cent to $354m.

Santos takes $US1.5b hit on GLNG

Santos has taken a $US1.5 billion hit on the value of its gas export project in Queensland, which has been undermined by the collapse in oil prices.

Energy stocks were among the week's top performers after the oil price jumped above $US40 a barrel.

Santos sales hit by lower commodity prices

Record first-half output at Santos thanks to the start-up of the second train at its Qld LNG project was not enough to offset the impact of lower commodity prices.

Energy stocks in the S&P 500 are poised for their worst year since 2008.

Exxon trumps Oil Search with $US2.48b InterOil bid

ExxonMobil has outbid Oil Search for PNG gas explorer InterOil, leaving the ASX-listed player to decide whether it wants to lift its offer.

Woodside chief executive Peter Coleman has taken the company into African waters.

Woodside expands footprint in Africa

Woodside Petroleum has agreed to pay about $US430 million ($565.5 million) to serve its way into a potential $US5 billion oil project off the coast of Senegal.

LNG producers are looking at new alliances to save costs.

Low prices knock sense into LNG producers

A new mood of openness to co-operation and different ways of working were plainly evident at the annual APPEA oil and gas conference.

Jemena is hunting customers for the NEGI gas pipelines.

Jemena remains positive on NT gas line

Gas pipeline developer says it can still fill a new $800 million pipeline from the NT to Queensland, despite the threat of a Labor moratorium on fracking.

InterOil's Elk-Antelope gas fields are at the heart of ASX-listed Oil Search's takeover ambitions.

Oil Search 'quietly confident' on deal

Oil Search CEO Peter Botten says he is "confident" of shareholder support for his $US2.2 billion-plus takeover deal for InterOil.

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Angela Macdonald-Smith

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