WorldOil Santos rejects $10.9-billion Harbour offer as too low, too risky Santos Ltd. rejected Harbour Energy Ltd.’s $10.9-billion final offer and terminated talks, saying its proposal was too low and too risky. Harbour Energy sweetens Santos offer, bidding $10.9 billion Harbour Energy Ltd. made a final sweetened bid of $10.9 billion for Santos Ltd., claiming support from the Australian oil and gas producer’s biggest shareholders. UIL Energy upgrades prospective resources at Walyering field in Australia The Directors of UIL Energy Ltd. have announced the progress achieved at Walyering gas field, located in the southern part of EP447, in Australia's Perth basin. Australia's "spaghetti junction" prompts teamwork to cut costs The energy industry in Australia, looking back on an era of waste and profligacy, is now preaching the gospel of thrift and collaboration as it tries to attract more investment in an age of fiscal discipline. Gas giants swap roles as biggest buyer turns to Australia The gas market is being flipped upside down. Santos announces Barossa FEED decision that could double production in Northern Australia Santos has announced that agreement has been reached with our joint venture partners to enter the front-end engineering and design (FEED) phase for the development of the Barossa project to backfill Darwin LNG (DLNG). New Zealand draws "line in the sand" with exploration ban New Zealand will stop granting offshore oil and gas exploration permits, saying it is committed to playing its part in tackling climate change. ExxonMobil reports 84% increase in P’nyang resource, potential expansion in PNG ExxonMobil Corp. today announced that the size of the natural gas resource at P’nyang field in Papua New Guinea has increased to 4.36 Tcf of gas, an 84% increase from a previous assessment completed in 2012. Woodside completes Scarborough acquisition Woodside advises that the acquisition of ExxonMobil’s interest in Scarborough gas field has been completed. The effective date of the transaction is Jan. 1, 2018. Singapore's non-oil exports slide the most since 2016 Singapore’s non-oil domestic exports slumped the most since October 2016, signaling growth risks to one of Asia’s most trade-dependent economies.