OPERATIONS

Karoon cuts production forecast as output stumbles

Karoon reports sales revenue fall in Q1 and will prioritise oil production

Offshore rig. Credit: Karoon

Offshore rig. Credit: Karoon

Melbourne-headquartered oil and gas junior Karoon Energy has reported its quarterly sales revenue of US$196.6 million, down by 6% from US$209 million in the previous quarter.  In its March 2024 quarterly...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry