Chevron, government agree foreign labour deal for Gorgon
United States major Chevron has been cleared to use foreign workers to help complete its A$43 billion ($44.5 billion) Gorgon LNG project in Western Australia, as rising development costs threaten to push the final bill over A$50 billion.
5 November 2012Aussie gas pipeline network set for expansion as LNG takes off
With eastern Australia poised to open to the global LNG market from 2014, Cheryl Cartwright, chief executive of the Australian Pipeline Industry Association, tells Interfax about the challenges facing the market
30 October 2012Aussie gas pipeline network set for expansion as LNG takes off
With eastern Australia poised to open to the global LNG market from 2014, Cheryl Cartwright, chief executive of the Australian Pipeline Industry Association, tells Interfax about the challenges facing the market.
30 October 2012Epic tussle nears end as APA consolidates hold on Aussie gas pipes
APA Group, Australia’s largest gas infrastructure business, is consolidating its grip on Hastings Diversified Utilities Fund following a successful but prolonged takeover bid which illustrated some of the value behind the anticipated growth in gas demand from domestic and export markets in the eastern states.
25 October 2012Bonaparte becomes second Aussie FLNG scheme after Prelude
Bonaparte, the floating LNG project planned by GDF Suez and Santos offshore Darwin, has received environmental clearance from federal authorities, making it the second FLNG development to be approved in Australia after Royal Dutch Shell’s Prelude.
25 October 2012Crux progresses as Shell stands firm on Prelude backfill
Royal Dutch Shell, Australia’s Nexus and Japan’s Osaka Gas have overcome another hurdle in their efforts to commercialise the integrated gas and liquids project Crux in Western Australia’s offshore East Browse Basin at the earliest opportunity.
23 October 2012Santos optimistic about commercial future of Aussie shale gas
Santos is confident it can increase commercial production of shale gas to help meet its growing supply commitments on the east coast, as well as future exports through its Gladstone LNG plant being built in Queensland, a company official told journalists on Friday.
19 October 2012Investment plan, not subsidies, needed for gas supply security
A nationwide plan for gas sector investment, rather than a reservation policy, would help ensure domestic gas needs are met as eastern Australia opens to the LNG market, the Australian Pipeline Industry Association (APIA) said at its annual conference this week.
16 October 2012Australia opens up ‘last onshore frontier’ for hydrocarbon discoveries
The Australian government announced this week that it will open up the Woomera Prohibited Area in South Australia to minerals exploration – a move that will allow companies to move into one of the country’s remaining onshore frontiers.
12 October 2012Oil Search, Total agree to PNG partnership
French oil major Total has beaten a host of high-profile rivals to acquire stakes in Australian Oil Search’s gas exploration licences in Papua New Guinea, in a move which could lead to the development of another LNG export facility in the remote country.
9 October 2012WHL eyes LNG prospects in Western Australia as Shell spuds nearby well
Analysts for Perth-based WHL Energy are optimistic about the prospect of finding enough gas reserves in the southern Carnarvon Basin off the coast of Western Australia (WA) to supply an LNG project, according to a research note published on Monday.
8 October 2012Varanus Island debacle continues as Verve returns to court
Western Australia’s (WA’s) state-owned power generation group Verve Energy has launched a legal challenge to an adverse Supreme Court ruling over damages concerning the explosion at the state’s Varanus Island gas processing plant in 2008.
8 October 2012BHP’s Carnarvon Basin discovery could offer major LNG potential
BHP Billiton may be shaping up for its first LNG export project in Western Australia’s offshore Carnarvon Basin after flagging the significance of the discovery of the Tallaganda gas field in its annual petroleum review for 2012.
4 October 2012Eurobond proceeds to help Origin fund APLNG
Origin Energy has taken further steps to help fund its A$23 billion ($23.51 billion) Australia Pacific LNG (APLNG) project in Queensland by pricing and allocating a €500 million ($645.56 million) notes issue, the company announced on Wednesday.
3 October 2012Santos joins the hunt for onshore shale gas in NT
Australia’s Santos has signed a A$150 million ($153.3 million) farm-in and operator agreement with Central Petroleum to explore for shale oil and gas in the Amadeus and Pedirka basins in the Northern Territory (NT).
3 October 2012Aussie LNG at risk as Japan shakes up Asian pricing model
The Japanese trade minister’s challenge to oil-linked LNG contracts last month will reverberate among Australian LNG producers in particular, which have hitherto seen the world’s leading importer as a willing buyer of oil-indexed contracts.
2 October 2012BG mute on rumours it has taken QCLNG stake off the market
BG Group has reportedly shelved plans to sell down a stake in its $20.4 billion Queensland Curtis LNG project in Queensland, which is due for startup next year, because of insufficient interest from buyers.
19 September 2012LNG the shining light in gloomy Aussie commodity market
While LNG export volumes continue to rise – driving Australia’s total export volumes higher – the increased revenues this provides are unable to offset falling prices in other commodities.
18 September 2012Skills, costs threaten ‘viability’ of Aussie resources projects
The biggest challenges to major resources projects in Australia are labour availability and cost, with the industry at a turning point in terms of project viability, according to Perth-based business law firm DLA Piper.
14 September 2012AEMO seeks to boost short-term gas trading, pipeline storage
The Australian Energy Market Operator (AEMO) is hoping to increase competition in short-term gas trading under a rule change proposal which could also drive investment in gas pipeline storage capacity.
14 September 2012About 173 article(s) for Sally Bogle