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CORPORATE ACTIVITY

Cougar goes ahead with Kingaroy appeal

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ASX-listed Cougar Energy on Tuesday told shareholders that it would progress with its appeal against the Queensland government’s Department of Environment and Resource Management, which closed down the Kingaroy coal gasification site in July...
7th February 2012
 
 
OIL & GAS

Shell to sell 24% stake in Woodside

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The share price of oil and gas firm Woodside dipped on Friday after oil major Shell announced it would sell its stake in the Australian company. Royal Dutch Shell CFO Simon Henry said overnight that its 24.27% stake in Woodside no longer fitted...
3rd February 2012
 
 
OIL & GAS

Clough awarded A$350m Wheatstone contract

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ASX-listed project house Clough has been awarded a A$350-million contract by oil and gas major Chevron at its A$29-billion Wheatstone liquefied natural gas (LNG) project, in Western Australia. The offshore hook-up and commissioning component of...
2nd February 2012
 
 
OIL & GAS

Santos produces first gas at Wortel

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Oil and gas major Santos has reported the first gas production at its Wortel project, in Indonesia. The Wortel project, which was sanctioned in November 2010, includes two gas wells, an unmanned wellhead platform and a 10 km gas pipeline to the...
1st February 2012
 
 
OIL & GAS

Leighton/Thiess JV wins Wheatstone contract

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Project house Leighton Holdings and its joint venture partner Thiess has been awarded a A$260-million contract at the Wheatstone liquefied natural gas (LNG) project, in Western Australia. The joint venture would be responsible for the design and...
30th January 2012
 
 
OIL & GAS

Woodside may sell minority stake in Browse

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Australian oil and gas producer Woodside Petroleum on Friday confirmed that it was “assessing the potential sale” of a minority portion of its equity in the Browse liquefied natural gas (LNG) project, off the coast of Western Australia....
27th January 2012
 
 
Mining Indaba Preview

Company receives funding for exploration in SA

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Emerging coalbed methane (CBM) developer Sunbird Energy was fully funded to start exploration work on its two flagship projects in South Africa, following its successful initial public offering (IPO) at the end of last year.
27th January 2012
 
 
OIL & GAS

China’s Sinopec ups stake in Australian LNG project

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The joint venture (JV) partners in the Australia Pacific liquefied natural gas (APLNG) project would rake in some $1.1-billion as China Petrochemical Corporation (Sinopec) upped its stake in the project. ASX-listed Origin Energy and its JV...
23rd January 2012
 
 
 
 
 
 
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