Gorgon LNG permits slashed by decade

Original article by Peter Ker
The Australian Financial Review – Page: 15 : 12-Jan-21

Chevron will be required to renew its permit to operate the Gorgon LNG export facility on Barrow Island more frequently after the Western Australian government decided to amend it. Chevron was granted an amended 20-year permit in July 2018, but Environment Minister Stephen Dawson has reduced this to just 10 years, arguing that this is sufficient. The Conservation Council of WA had lobbied for Chevron’s permit to be reduced to just three years. Shipments from the Gorgon project commenced in March 2016. Gorgon is expected to be operational for about four decades.

CORPORATES
CHEVRON CORPORATION, WESTERN AUSTRALIA. DEPT OF ENVIRONMENT AND CONSERVATION, CONSERVATION COUNCIL OF WESTERN AUSTRALIA INCORPORATED

Woodside’s Apache bid may kill Browse

Original article by Paul Garvey
The Australian – Page: 20 : 10-Dec-14

Insiders claim that Australian-listed Woodside Petroleum has made a pitch to US partner Apache ­Energy, to acquire the latter’s 13% stake in the Wheatstone LNG development offshore Western Australia. The likely price tag is $US1.8bn ($A2.17bn), and other potential suitors appear to have abandoned their bids due to the recent decline of the crude oil price. If Woodside goes ahead, it may no longer want to pursue its stalled Browse LNG project. A floating LNG production platform has been proposed for it by Woodside and allies Royal Dutch Shell and BP

CORPORATES
WOODSIDE PETROLEUM LIMITED – ASX WPL, APACHE ENERGY LIMITED, ROYAL DUTCH SHELL PLC, BP PLC, TEMASEK HOLDINGS (PTE) LTD, HARBOUR ENERGY LIMITED, NOBLE GROUP LIMITED, EIG GLOBAL ENERGY PARTNERS, PAVILION ENERGY PTE LTD, ORBIS AUSTRALIA PTY LTD, MACQUARIE GROUP LIMITED – ASX MQG

Carbon rule threatens WA projects

Original article by Brad Thompson, Angela Macdonald-Smith
The Australian Financial Review – Page: 1 & 9 : 8-Mar-19

Western Australia’s Environmental Protection Authority has issued guidelines regarding new emissions-intensive projects. It states that any new or expanded project that emits over 100,000 tonnes of carbon dioxide a year should be carbon neutral. The new guidelines potentially jeopardise new LNG projects worth over $45 billion, although EPA chairman Tom Hatton notes that its decisions are not binding on the state government.

CORPORATES
WESTERN AUSTRALIA. ENVIRONMENTAL PROTECTION AUTHORITY, WOODSIDE PETROLEUM LIMITED – ASX WPL, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, THE CHAMBER OF MINERALS AND ENERGY OF WESTERN AUSTRALIA INCORPORATED, THE WILDERNESS SOCIETY

Maiden LNG shipment departs Wheatstone for delivery to Japan

Original article by Tess Ingram
The Australian Financial Review – Page: 17 : 1-Nov-17

Chevron has dispatched the inaugural shipment from the Wheatstone LNG project. Production at the $US34bn project commenced on 9 October, after originally being slated for late 2016. Wheatstone’s annual export volumes are expected to be 8.9 million tonnes when production reaches full capacity, while 200 terajoules of its daily output will be reserved for the Western Australia market. The project’s second production train is scheduled to begin operating within 6-8 months.

CORPORATES
CHEVRON CORPORATION, JERA COMPANY INCORPORATED, WOODSIDE PETROLEUM LIMITED – ASX WPL, CHEVRON AUSTRALIA PTY LTD

Chevron on the cusp of starting up Wheatstone

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 31-Jul-17

Chevron has advised that the first production train at the Wheatstone LNG project in Western Australia is in the final stages of commissioning, and production is expected to begin in August 2017. Chevron’s Jay Johnson adds that the second production train is slated to become operational about 6-8 months later. He also says some efficiency improvements are likely when the second train begins production, as was Chevron’s experience at the Gorgon LNG project.

CORPORATES
CHEVRON CORPORATION, WOODSIDE PETROLEUM LIMITED – ASX WPL, APACHE CORPORATION

Pilbara deluge cuts BHP output

Original article by Paul Garvey
The Australian – Page: 20 : 1-May-17

The revenue of BHP Billiton, Fortescue Metals Group, Rio Tinto and Woodside Petroleum was slashed by about $A2.9bn in the March 2017 quarter, due to heavier than usual rainfall in the Pilbara region of Western Australia. BHP has attributed its 11 per cent downturn in iron ore production in the Pilbara to the wet season. Likewise, production at the North West Shelf LNG project was 12.7 per cent lower. Meanwhile, the State Government’s iron ore royalties are likely to have been reduced by about $A170m as a result of the adverse weather conditions.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, WOODSIDE PETROLEUM LIMITED – ASX WPL, ATLAS IRON LIMITED – ASX AGO, AUSTRALIA. BUREAU OF METEOROLOGY

Chevron close to Gorgon LNG restart

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 2-May-16

Energy giant Chevron has advised that production at the Gordon LNG project should resume by the end of May 2016. Mechanical problems forced Chevron to shut down the Barrow Island processing plant shortly after production commenced in early March. Chevron is confident that the first LNG train will reach full production within 6-8 months. Meanwhile, Chevron still expects production at the Wheatstone project to begin in mid-2017.

CORPORATES
CHEVRON CORPORATION, GORGON PTY LTD, WOODSIDE PETROLEUM LIMITED – ASX WPL, Z ENERGY LIMITED – ASX ZNZ

Gorgon’s maiden gas shipment

Original article by Paul Garvey
The Australian – Page: 20 : 22-Mar-16

Bulk cargo carrier "Asia Excellence" has left Australia with the first shipment of LNG from Chevron’s $A55bn Gorgon project. The joint venture project was originally slated to cost $US37bn, but was beset by cost over-runs and construction delays. The first of three processing lines has been completed, with the other two trains slated to commence production in the next 12 months. The inaugural shipment comprises 160,000 cubic metres of LNG and will be delivered to buyers in Japan.

CORPORATES
CHEVRON CORPORATION, CHEVRON AUSTRALIA PTY LTD, GORGON JOINT VENTURE, EXXONMOBIL CORPORATION, ROYAL DUTCH SHELL PLC, OSAKA GAS COMPANY, TOKYO GAS COMPANY LIMITED, CHUBU ELECTRIC POWER COMPANY INCORPORATED, WOOD MACKENZIE

Firing up: Chevron ready to ship first Gorgon gas cargo to Asia next week

Original article by Andrew Burrell, Paul Garvey
The Australian – Page: 19 & 20 : 9-Mar-16

Production of LNG condensate has commenced at the Gorgon project in Western Australia, and project operator Chevron has advised that exports to customers in Asia will begin in mid-March 2016. It is estimated that the $US54bn ($A72.6bn) project will contribute some $A440bn to national GDP over the next three decades, while the Federal Government will receive about $A69bn in tax revenue from the project. The Gorgon project was beset by delays and cost over-runs.

CORPORATES
CHEVRON CORPORATION, GORGON JOINT VENTURE, EXXONMOBIL CORPORATION, ROYAL DUTCH SHELL PLC, OSAKA GAS COMPANY, TOKYO GAS COMPANY LIMITED, CHUBU ELECTRIC POWER COMPANY INCORPORATED, CHEVRON AUSTRALIA PTY LTD, ACIL ALLEN CONSULTING PTY LTD, WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET, AUSTRALIAN LABOR PARTY

Gorgon to start up – soon

Original article by Brian Robins
The Australian Financial Review – Page: 18 : 1-Feb-16

US-based Chevron Corporation has advised that production at the $US54bn ($A76bn) Gorgon LNG project in Western Australia is slated to commence shortly. The first shipment is now expected before the end of the March 2016 quarter, after the initial target of late 2015 was pushed back. Meanwhile, Chevron anticipates that the first shipment from its Wheatstone LNG project will occur by mid-2017.

CORPORATES
CHEVRON CORPORATION, GORGON PTY LTD