LIQUEFIED NATURAL GAS INDUSTRY – CANADA

Gorgon LNG looks ‘fine’: Chevron

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 20 : 2-Feb-15

Chevron CEO John Watson says the economics of the $US29 billion Wheatstone and $US54 billion Gorgon LNG projects in Western Australia will be "just fine" once production begins. Watson is less optimistic about the odds of short-term progress at Chevron’s Kitimat LNG project in Canada. He says management is focused on starting production at Gorgon, which had an initial budget of $US37 billion. Watson concedes that the drop in crude oil prices has placed pressure on the LNG sector as well

CORPORATES
CHEVRON CORPORATION, GORGON JOINT VENTURE, CHEVRON AUSTRALIA PTY LTD, MOBIL AUSTRALIA RESOURCES COMPANY PTY LTD, EXXONMOBIL CORPORATION, SHELL DEVELOPMENT (AUSTRALIA) PTY LTD, ROYAL DUTCH SHELL PLC, WOODSIDE PETROLEUM LIMITED – ASX WPL, APACHE CORPORATION

Woodside’s $4.6bn punt on LNG assets

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Original article by Paul Garvey
The Australian – Page: 26 : 17-Dec-14

Peter Coleman, CEO of Australian-listed energy group Woodside Petroleum, has announced the acquisition for $US3.75bn ($A4.6bn) combined of holdings in two LNG developments from US-based Apache Energy. Woodside will gain a 13% stake in the Wheatstone project offshore Western Australia (WA) and one of 50% in the Kitimat tenements in Canada. The deal will please investors who had been concerned at a lack of new growth assets for the company. At the same time it has, along with allies Royal Dutch Shell and BP, again postponed the roll-out of floating LNG technology at their Browse field off WA

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, APACHE ENERGY LIMITED, ROYAL DUTCH SHELL PLC, BP PLC, CHEVRON CORPORATION