Queensland LNG project to cost $5bn more, BG Group warns

UK gas company BG Group has warned of a $5-billion cost blowout at its Queensland Curtis liquefied natural gas (QCLNG) project. In its quarterly results for the three months to March, the BG Group noted that while the project was making good...

Arrow releases Curtis Island EIS for comment

Liquefied natural gas (LNG) developer Arrow Energy released the environmental impact statement (EIS) for its proposed Curtis Island LNG plant for public review. The proposed plant will be located within the Great Barrier Reef World Heritage Area,...

A$340m Ichthys contract awarded to JV

A joint venture (JV) between project houses John Holland and Macmahon Holdings has been awarded a A$340-million site development civil works contract for the onshore facilities of the planned Ichthys liquefied natural gas (LNG) project, in the...

LNG producers create A$13.5m social infrastructure fund

Gladstone's major liquefied natural gas (LNG) players would contribute some A$13.5-million to a trust fund set up to boost social infrastructure across the region. Australia Pacific LNG, QGC and Santos’ Gladstone LNG would collectively...

Energy World sells 30% stake in Abbot Point facility

ASX-listed Energy World Corporation has agreed to divest of 30% of the proposed Abbot Point liquefied natural gas (LNG) facility in exchange for a $30-million investment. Energy World would retain a 70% shareholding in the Abbot Point LNG...

$15bn PNG gas project on track, says Search Oil

ASX-listed Search Oil Search on Tuesday reported that its $15-billion Papua New Guinea (PNG) liquefied natural gas (LNG) project was on track to start up during 2014. Commenting on the activities at the PNG site during the quarter ended June, MD...

Santos reports higher June quarter production, sales

Oil and gas major Santos on Thursday reported an 8% increase in production and an 11% increase in sales for the quarter ended June, compared with the previous quarter. During the three months to June, Santos produced 11.9-million barrels of oil...

Chevron’s $25bn Wheatstone LNG project gets EPA nod

The Environment Protection Authority (EPA) of Western Australia has given the green light for the development of the $25-billion Wheatstone liquefied natural gas (LNG) project, by oil major Chevron. EPA chairperson Paul Vogel said on Wednesday...

A$150m Gladstone LNG civils contract awarded to Macmahon

ASX-listed project house Macmahon has been awarded a A$150-million civil works contract for the Gladstone liquefied natural gas (LNG) project, in Queensland. The subcontract involves the site preparation for the LNG plant and includes clearing,...

Australia gives thumbs up for Shell’s floating LNG project

Petroleum giant Shell on Friday reported that its Prelude floating liquefied natural gas (FLNG) project, to be located off the northwest coast of Australia, has received its environmental approval from the Australian Minister for Environment Tony...

Queensland approves A$35bn LNG project

The Queensland government on Tuesday approved what could be a A$35-billion investment by Australia Pacific Liquefied Natural Gas (APLNG) to develop a coal seam gas (CSG) to LNG project. The approval followed 18-months of environmental assessment,...

BG Group approves $15bn Queensland LNG project

Global natural gas company BG Group will spend $15-billion to develop the Queensland Curtis Liquefied Natural Gas (QCLNG) project over the next four years, it announced over the weekend, after receiving federal and state environmental approvals....