A Barrel Full

It seems the only news worth talking about these days is gaseous, and top of the heap is always the unconventional gas. So news of a couple of potentially important deals in coal seam gas is about par for the course.
First we have Shell’s interest in the Australian company Arrow.
Shell Energy Holdings Australia Ltd. (Shell), […]

Woodside, the Australian company, is now on the look out for a new partner for an LNG project.
A deal worth up to $45 billion between Woodside Petroleum and a Chinese company is in doubt after terms were not be settled by a deadline.
Perth-based Woodside says the agreement penned in 2007 with China’s largest oil and […]

Lots more gas in the news. First we have news of a new LNG plant coming on stream.
Total announces that the Yemen LNG liquefaction plant started producing Liquefied Natural Gas (LNG) on October 15, 2009.  
This adds to the global glut of gas that is keeping prices down. It is a massive investment for the […]

Its been a while since I have been able to post, and in the meantime, one of the most significant developments has been the continuation of the Gorgon story.
Exxon Mobil Corporation announced today that the Gorgon liquefied natural gas (LNG) project has been approved for development by the project participants.  
It was hardly a surprise, […]

Australia is fast become as much a world power in LNG as it is in swimming. It has big reserves and is located far from major consumers, so LNG is the only option. Now a joint Chevron, Shell, Exxon project has been given the green light, despite being in an environmentally sensitive area.
Chevron Australia Pty […]

Chevron announced that it has awarded the contracts for its Australian LNG plant.

Chevron Corporation (NYSE:CVX) today announced the award of a major front-end engineering and design (FEED) contract for the first phase of the Wheatstone natural gas development in northwest Australia. Chevron awarded the contract for the first phase of the project – which consists […]

At this rate, Australia is to be littered with LNG plants. Chevron has announced that there is sufficient reserves in their Wheatstone and Iago fields to support an LNG investment.
Chevron Corporation today announced the successful results of a seven-well exploration and appraisal program for the Wheatstone and Iago fields in northwest Australia. Following the completion […]