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How U.S. know-how is fracking Australia into a gas boom, from Texas oilmen to Trump’s energy secretary

How U.S. know-how is fracking Australia into a gas boom, from Texas oilmen to Trump’s energy secretary

Photo: Fortune Crypto

As the U.S. shale oil and gas revolution took off two decades ago, Australia took notice and wondered whether the boom could be replicated down under. In September, the effort began to pay off, thanks to the arrival of American oilmen. The first commercial natural gas deliveries from the Beetaloo Basin started flowing to the energy-hungry Northern Territory. The potential is far greater, and little-known Tamboran Resources and Daly Waters Energy had to clear years of roadblocks to get here. Sydney startup Tamboran first hired an American ExxonMobil and Chevron veteran as its CEO in 2013.

Source: Fortune Crypto

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