Arrow Energy awards FEED contract for CBM-LNG project
Arrow Energy’s plan to construct a multi-billion dollar LNG export plant on Curtis Island off Gladstone in Central Queensland has taken a step forward with the awarding of the front-end engineering design (FEED) contract.
16 August 2011Beach Energy takes 20% stake in shale gas partner Adelaide Energy
Adelaide-based shale gas company Beach Energy is set to take a 19.95% stake in its joint venture partner Adelaide Energy.
15 August 2011Shell likely to delay Arrow LNG start-up as costs mount
Royal Dutch Shell and partner PetroChina are likely to delay the start-up of their Arrow LNG facility on Australia’s Queensland coast because of rising LNG development costs, pushed up by competing projects.
1 August 2011ConocoPhillips, Origin agree FID on $20 billion APLNG project
Origin Energy and its joint venture US partner ConocoPhillips have approved a final investment decision (FID) for the first phase of their US$20 billion, two-train Australia Pacific LNG (APLNG) project in Australia’s eastern coastal state of Queensland.
28 July 2011Shell joins Inpex in Abadi FLNG project
Royal Dutch Shell has joined Japan’s Inpex and Indonesia’s EMP Energi Indonesia (EMPI) in the Abadi project, which plans to build a floating liquefied natural gas (FLNG) terminal in the Arafura Sea, off the Indonesian side of Australia’s maritime border.
25 July 2011Australia targets South Korea as key LNG investor
Australia is keen to increase South Korean investment in its LNG industry, including its burgeoning coal-bed methane (CBM) projects, to boost shipments to the Asian nation.
25 July 2011BHP sees gas production increase 10% in FY2011
Australian mining heavyweight BHP Billiton has reported a 10% increase on natural gas production year-on-year to 405.06 billion cubic feet (11.47 billion cubic metres).
21 July 2011Santos-ESG deal consolidates CBM position in Gunnedah Basin
In a move which underpins rising interest in coal-bed methane (CBM) and cements its position as a future LNG exporter, Australian gas producer Santos has announced it will acquire the remaining 80% of Australian CBM producer Eastern Star Gas Ltd (ESG) that it does not already own.
18 July 2011
Strong dollar and labour shortages threaten Australia’s LNG industry
Sally Bogle investigates the issues that could delay start-up dates for Australian LNG projects.
18 July 2011Shell’s Prelude FLNG Project one step closer to success
Royal Dutch Shell’s plans to install a A$12 billion ($12.7 billion) floating LNG (FLNG) terminal to exploit the Browse Basin’s Prelude and Concerto gas fields have been given a significant boost by Australian authorities.
18 July 2011China’s CNPC takes controlling stake in Gladstone LNG project
Mid-sized Australian developer LNG Ltd has finalised the sale of a controlling 20% stake in the company to China Huanqiu Contracting & Engineering Corporation (HQCEC), a wholly-owned subsidiary of China National Petroleum Corp. (CNPC), China’s largest oil and gas producer.
18 July 2011Origin Energy bolsters balance sheet as APLNG awaits FID
Australia’s Origin Energy has completed a €500 million ($714 million) issue of hybrid securities to help fund its stake in its planned LNG terminal on Queensland’s Pacific coast. The facility will be fed from giant onshore reserves of coal-bed methane (CBM).
15 June 2011Coal-bed methane to transform Australia LNG exports
Australian exports of LNG are set to soar from mid-decade onwards as new liquefaction terminals come into production, meeting insatiable gas demand from Asian-Pacific nations such as China and Japan and, potentially, boosting Pacific Basin trading.
26 May 2011About 173 article(s) for Sally Bogle