BHP Billiton chief Andrew Mackenzie says more than 70 per cent of the world’s energy will be supplied by fossil fuels by 2030 as countries boosted economic growth and pulled people out of “abject poverty”.
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Woodside signs gas sales agreement with KOGAS
Woodside has signed a sales and purchase agreement with Korea Gas Corporation to supply 2.2 million tonnes of LNG for the next three years.
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Monadelphous awarded $680 million contract
Monadelephous have announced today that they have secured a contract with the Ichthys LNG Project.
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New pipelines on the horizon
Construction of new pipelines linking Northern Territory gas to the eastern states is now on the horizon
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Santos to pass $100,000 protest costs on to consumers
Santos said losses of up to $100,000 a day caused by protesters in the Pilliga forest would be passed onto consumers when gas from CSG wells comes online.
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Gladstone locals asked to have their say on energy projects
Gladstone residents have been asked to participate in a survey aimed at identifying the effects of gas and coal projects on the region.
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Job cuts part of construction wind-down on Bechtel’s projects
While some workers on Curtis Island will lose their jobs this week as the LNG project’s move from construction to commissioning, Bechtel says it is still actively recruiting for specialist roles.
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Oil and gas sector told to hold-off on projects rather than give into union demands
The Federal Government has suggested oil and gas companies should delay developing multi-billion projects rather than give into over-the-top demands from unions.
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Santos forced to stop CSG work as protests continue
Protests and blockades are continuing near the Pilliga State forest where Santos was forced to stop work on its CSG drilling program yesterday.
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Commodity returns over the last decade: Chart
Nickel has been the most volatile commodity over the last ten years, according to US Global Investors data.
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Queensland LNG industry to create 20,000 jobs
Queensland’s gas boom is set to continue with predictions that in the next two decades the industry will lift the state’s real gross domestic product by an average of $25 billion a year.
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Businesses prepare for next stage of Queensland’s LNG boom
As the construction phase for the Curtis Island LNG projects winds up, local businesses are being schooled on how to diversify in order to gain work in the second phase of the gas boom.
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Shell confirms Arrow LNG project on hold
A decision on whether to go ahead with a fourth LNG plant on Curtis Island is more than a year off as oil giant Shell confirms it will delay making any major financial investment decisions in 2014.
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Record revenue sees Santos cruise past $1 billion
Santos have announced a record sales revenue of $1.1 billion for the fourth quarter of 2013 with the result driven by the company’s highest oil production in six years, strong oil prices and higher third party sales volumes.
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Radio Disney pulls pin on program that promotes fracking
Radio Disney has pulled out of an educational program sponsored by Ohio’s oil and gas industry after it was accused of using school students to peddle “propaganda” around fracking.
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Doubts raised over Santos CSG well capacity to feed GLNG plant
Speculation is mounting that Santos does not have enough gas to feed its GLNG facility on Curtis Island, with analysts stating the company may need to buy as much as 35 per cent of its gas.
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Woodside posts record production but gas weighs on revenue
Woodside earned less revenue in 2013 despite posting a 2.5 per cent production increase.
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Woodside inks billion dollar LNG deal
Woodside have signed what is thought to be a multi-billion dollar LNG deal which will see Japan’s Chubu Electric receive 1.5 million tonnes of liquefied gas over three years.
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Chevron unable to use Brolga workers camp amid safety fears
Chevron has stopped using its Brolga camp near Wheatstone amid safety concerns raised by the Shire of Ashburton.
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UGL wins Chevron maintenance contract
Engineering company UGL has won a multi-million five year contract to provide Chevron with maintenance and operation services at its Western Australia gas assets.
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