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  • Ichthys makes LNG king, but criticised over carbon

    January 17, 2012 - no Comments

    The go-ahead for the $34 billion Ichthys LNG project in Darwin has Australia on track to be the world’s number one LNG producer, but NT environmentalists say the project can

  • Origin presses go on $12 billion Qld LNG project

    July 29, 2011 - no Comments

    Origin Energy has greenlighted its $12.7 billion LNG project in Queensland with US partner ConocoPhilips. The project is the third to be constructed on Curtis Island off Gladstone, with a

  • China takes more LNG

    April 29, 2011 - no Comments

    Chinese state-owned utilities continue to invest in Australia's LNG sector, with a A$1.5 billion equity deal and a A$85 billion supply deal signed in the last week. China Petrochemical Corp will pay A$1.5 billion for a 15 percent stake in Australia-Pacific LNG, the joint venture between Australia's Origin Energy and US company ConocoPhilips.

  • Woodside on war footing over LNG carbon tax

    April 12, 2011 - no Comments

    Oil and gas giant Woodside has signalled it will go to war with the Federal Government if it does not exempt LNG from its proposed carbon tax. The company says

  • Origin taps shareholders for A$2.3 billion

    March 17, 2011 - no Comments

    Origin Energy has tapped its shareholders for A$2.38 billion to refinance the debt it acquired to buy energy assets from the NSW State Government. Origin paid A$3.36 billion to purchase

  • Pluto deal close, says Woodside

    February 24, 2011 - no Comments

    Woodside Petroleum says it is close to a key supply deal which will help greenlight it’s A$14 billion Pluto gas project in WA. Announcing a 6.9 percent rise in annual

  • Gorgon sells to Japan

    January 26, 2011 - no Comments

    The Gorgon project has sealed another supply deal, with Chevron announcing a LNG sales agreement with Japan’s Kyushu Electric Power Company. The Japanese utility will take 300,000 tonnes of LNG

  • Market warms to Santos deal

    December 22, 2010 - no Comments

    Santos has been swamped with institutional demand for its $500 million equity raising in the wake of the announced equity deals with Korean Gas Group and Total of France on

  • Moody’s: Expect LNG delays

    December 8, 2010 - no Comments

    Ratings agency Moody’s says delays and cost over-runs at Woodside’s Pluot LNG project could be the forerunner of things to come at other LNG projects. “The cost overruns at Pluto also

  • PNG needs to hurry on LNG

    December 8, 2010 - no Comments

    Papua New Guinea must accelerate the development of gas projects in the face of strong competition from cheaper LNG being produced by other nations, in particular Qatar. This was the