APLNG secures $8.5bn in finance

ASX-listed Origin Energy and its joint venture (JV) partners ConocoPhillips and Sinopec have secured an $8.5-billion project financing facility for the Australia Pacific liquefied natural gas (APLNG) project. The project finance facility was...

Origin, Xstrata power project unit gets Chile OK

A Chilean environmental commission approved one of three generation units planned as part of global miner Xstrata Copper and Australian energy retailer Origin Energy's $3.6-billion hydropower Energia Austral project to ease a looming energy...

Origin inks A$1bn gas sales deal with Gladstone LNG

ASX-listed Origin Energy has signed a heads of agreement with the Gladstone liquefied natural gas (GLNG) partners in a deal worth an estimated A$1-billion. Under the terms of the agreement, Origin would supply LNG with 365 PJ of gas, or 100 TJ a...

BassGas cost climbs by A$100m

ASX-listed Origin Energy has warned of a A$100-million cost blowout at its BassGas enhancement project, in Victoria. The energy provider said in a statement on Monday that the unique offshore construction challenges associated with working on the...

Origin buys 51% stake in Xstrata’s Chile clean energy project

ASX-listed Origin Energy has partnered with Xstrata Copper to pursue a clean energy project, in Chile. Origin on Wednesday reported that it would acquire a 51% interest in hydroelectric development firm, Energia Austral, from Xstrata Copper.

Mining dominates Australia’s A$415bn project pipeline

Investment into the Australian economy increased 2.1% in the December quarter, with project investments rising to A$415-billion, Deloitte Access Economics reported on Wednesday. It its quarterly December issue of 'Investment Monitor', the...

China’s Sinopec ups stake in Australian LNG project

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...

First gas flows at Beach’s Middleton project

ASX-listed Beach Energy has produced its first gas from the Middleton project, in South Australia, the firm reported on Monday. MD Reg Nelson said in a statement that gas was now flowing to the Moonanga tie-in point, where raw gas would be sold...

New possibilities for CBM in Botswana

Upstream entity of the Sasol group Sasol Petroleum International (SPI) has entered into a joint venture (JV) with Australian energy company Origin Energy to explore coalbed methane (CBM) in Botswana.

Origin launches A$500m capital raising

ASX-listed Origin Energy has moved to raise A$500-million to assist in funding its contribution of the Australia Pacific liquefied natural gas (LNG) project. Origin on Tuesday lodged a prospectus with the Australian Securities and Investment...

Mega projects a key feature of Australia’s A$894bn investment pipeline

Western Australia and Queensland were dominating as investment destination for resource projects in Australia, market analyst Deloitte Access Economics reported on Monday. In its September issue of the Investment Monitor, Deloitte Access...

Origin secures $500m for Australia Pacific project

ASX-listed Origin Energy has successfully priced and allocated a $500-million senior unsecured notes offering in the US market to secure funding for the development of the Australia Pacific liquefied natural gas (LNG) coal seam gas (CSG) to LNG...