News

QGC applies for third Petroleum Pipeline Licence

The proposed 16 km pipeline will be 100 per cent owned and operated by QGC and will be installed between the Argyle and Berwyndale gas fields. The Argyle gas field is owned by a joint venture comprising
Read More

AGL to sell NGC shares to Vector

AGL retained flexibility under the previously announced Sale and Purchase Agreement with Vector to sell its NGC shares in lieu of selling the New Zealand-registered holding company which holds the majority
Read More

Trials for new fuel energy systems in New Zealand

This is the first in the world of a number of commercial deals with industry being pursued by CFCL. The field trial stems from 12 years of research and $A130 million investment by CFCL. CFCL has developed
Read More

Sinopec to set up oil refinery in Qingdao

The refinery was first suggested twelve years ago. It is expected to be one of the largest of its kind in China and will be able to process 10 million tonnes of imported crude oil and produce 7.6 million
Read More

Sakhalin to offer equity stake for gas buyer

Jack King, President of project operator ExxonNeftegas said “Equity participation of buyers in upstream projects has been done before in many international projects and ExxonMobil has also done
Read More

SembCorp awarded PTT contract

The $US118 million project will be undertaken by SMOE Pte Ltd, the offshore engineering subsidiary of SembCorp. This project will represent the first time SOME and PTT have worked together. SMOE will
Read More

Sun setting on Greater Sunrise — Woodside

David Maxwell, Woodside director of gas and commercial, said “Agreement between Australia and Timor Leste is vital, or it (the project) will stall…that looks like the most likely scenario.” Talks
Read More