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OIL & GAS

BHP pulls out of Falkland exploration JV Restricted

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Aim-listed Falkland Oil & Gas said on Wednesday that its joint venture-partner BHP Billiton had pulled out of an exploration project in the Falkland Islands. BHP, which owns a 51% stake in 14 exploration and production licences covering...
29th September 2010
 
 
M&A

Apollo Gas agrees to takeover from Dart Energy Restricted

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ASX-listed coal seam gas developer and Arrow Energy spin-off Dart Energy has agreed to make an all-scrip offer for Apollo Gas. Dart on Tuesday offered three of its own shares for every four Apollo shares held, valuing Apollo’s shares at A$0,79...
28th September 2010
 
 
OIL & GAS

BHP gives green light for $1,5bn WA gas project Restricted

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The world’s largest diversified miner, BHP Billiton has approved the development of the $1,5-billion Macedon gas project, in Western Australia. The Macedon project involves four offshore production wells supplying a wet gas pipeline to an...
24th September 2010
 
 
OIL & GAS

Australia moves to beef up offshore petroleum safety PDF Available Restricted

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Australia’s National Offshore Petroleum Safety Authority (Nopsa) has been granted enhanced powers to regulate the industry. Speaking at the 2010 South East Asia Australia Offshore Conference in Darwin, Resources, Energy and Tourism Minister...
23rd September 2010
 
 
GAS

Major buyers increase LNG imports by 28% in H1 – EnergyQuest Restricted

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Global imports of liquefied natural gas (LNG) by the world’s major buyers were 28% higher in the first half of 2010, compared with the first six months of 2009, energy economics group EnergyQuest revealed on Tuesday. The analysis covers LNG...
21st September 2010
 
 
OIL & GAS

Bow Energy and LNG end talks on Gladstone project Restricted

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Oil and gas explorer Bow Energy has terminated discussions with Liquefied Natural Gas (LNG) regarding the Fisherman’s Landing project, in Gladstone, the ASX-listed company said on Tuesday. The two companies were exploring gas supply and...
21st September 2010
 
 
OIL AND GAS EXPLORATION

South Africa awards BHP Billiton petroleum exploration rights Restricted

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Mining giant BHP Billiton has been awarded petroleum exploration rights offshore of South Africa's West Coast. Petroleum Agency SA CEO Mthozami Xiphu told Mining Weekly Online on Tuesday that the agency had issued the long-awaited permit on...
21st September 2010
 
 
OIL & GAS

Santos raises €650m for Gladstone LNG project Restricted

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ASX-listed gas producer Santos on Friday reported that it had completed a €650-million hybrid issue, which would receive 100% equity credit from Standard & Poor’s, in order to fund its Gladstone liquefied natural gas (GLNG) project. Santos...
17th September 2010
 
 
 
 
 
 
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