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Oil & Gas
 
OIL & GAS

Tangiers looks for new partner as CWH deal falls through Restricted

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Oil junior Tangiers Petroleum has terminated a farm-in agreement with CWH Resources after the latter failed to meet deadlines. In May, Tangiers signed a deal with CWH Resources and Ansbachall over two of its Australian exploration permits.
8th October 2013
 
 
COAL

End port, rail coal mismatch to gain India prize – Webber Wentzel Video Available Restricted

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Webber Wentzel mining partner Manus Booysen The participants of South Africa’s coal value chain needed to put an end to the misalignment of port over capacity and rail under capacity, Webber Wentzel mining partner Manus Booysen said on Monday. Booysen, just back from a major McCloskey...
7th October 2013
 
 
OIL & GAS

Woodside exports first gas from A$5bn North Ranking project Restricted

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The A$5-billion North Rankin redevelopment project, offshore Western Australia, has been completed and has exported its first gas to the Karratha gas plant. Peter Coleman, the CEO of North Rankin operator Woodside, said on Monday that achieving...
7th October 2013
 
 
MINING FINANCE

More funding secured for PNG LNG Restricted

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Global oil giant Exxon Mobil Corporation, through its subsidiary Esso Highlands, has secured a further $1.5-billion in project financing to complete the Papua New Guinea (PNG) liquefied natural gas (LNG) project. The latest financing agreement...
4th October 2013
 
 
OIL & GAS

AWE increases shareholding in NZ oil project Restricted

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ASX-listed oil and gas developer AWE Limited was set to increase its stake in the Tui Area oil project, in offshore New Zealand, after joint venture (JV) partner Mitsui decided to divest of its 35% interest. AWE, which is the operator of the...
3rd October 2013
 
 
OIL & GAS

Chevron signs Wheatstone offtake Restricted

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US-based energy major Chevron has signed a long-term sales and purchase agreement with Japan’s Tohoku Electric Power Company for liquefied natural gas (LNG) from the Wheatstone project, in Western Australia. Under the agreement, Chevron and its...
2nd October 2013
 
 
LISTINGS

Linc applies for Singapore listing as it delists from ASX Restricted

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Diversified energy producer Linc Energy said on Wednesday that it planned to delist from the ASX, and that it would immediately seek regulatory and securities exchange permission to relist on the main board of the Singapore Exchange. The oil and...
2nd October 2013
 
 
OIL & GAS

Emerald gets new investment offer Restricted

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Perth-based Emerald Oil & Gas has received an off-market offer from Confederate Capital, to acquire a 30% stake in the oil and gas junior. Confederate was proposing to offer Emerald shareholders 1.4c in cash for each Emerald share held.
1st October 2013
 
 
 
 
 
 
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