(Xinhua - www.chinadaily.com) China National Petroleum Corporation (CNPC), China’s largest oil and gas producer, said Wednesday it has signed an agreement with ExxonMobile to purchase 2.25 million tons of liquefied natural gas (LNG) annually from the Gorgon field in Australia for 20 years. According to the agreement signed between PetroChina International Co Ltd, the specialized international trade [...]
Sunday, August 2, 2009
By Ben Sharples July 31 (Bloomberg) — Chevron Corp., the second-largest U.S. oil company, said its Wheatstone liquefied natural gas project in Western Australia is one of just “a handful” of LNG ventures proposed for the Asia-Pacific region that will go ahead. “I just anticipate that some of these other projects are going to fall off, and [...]
Tuesday, July 7, 2009
Woodside’s Browse LNG plant suffers cost blowout The Business Spectator - Australia, 3:38 AM, 2 Jul 2009 The costs for Woodside Petroleum Ltd’s proposed liquified natural gas (LNG) plant in the Kimberley have blown out to $50 billion, and discord between the project’s partners is growing, according to The Australian newspaper. An informed source told the paper costs for the standalone plant, which would process gas [...]
Sunday, July 5, 2009
Gorgon-Jansz gas gets interim marketing nod Oil & Gas Journal, Rick Wilkinson , OGJ Correspondent MELBOURNE, June 30 – The three joint venturers in the Gorgon-Jansz gas and LNG project in Western Australia have been given conditional interim authorization from the Australian Competition and Consumer Commission (ACCC) to market gas in the state. The approval enables Chevron Corp., ExxonMobil Corp., and Royal [...]
Monday, June 22, 2009
Chevron awards $1bn Gorgon LNG contract The Australian, June 20, 2009 THE giant Chevron Corporation has awarded more than $1 billion of contracts for the planned Gorgon liquefied natural gas project in Western Australia, driving the venture closer to a final investment decision by its partners this year. The latest contract for the 15million tonnes a year venture was [...]
Thursday, August 20, 2009
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