Deal marks progress against divestment target. Royal Dutch Shell plc, through its affiliate Shell Offshore Inc. (Shell), today announces it has an agreement to sell 100 percent of its record title interest in Gulf of Mexico Green Canyon ...
South Korea is working on a mid-term plan to explore oil and gas reserves off the country's coast as part of efforts to help reduce its heavy reliance on foreign crude imports, an energy ministry official said. "The government plans to ...
Tags: Oil, LNG, foreign crude imports
First production from the Papua New Guinea LNG project is now expected in the third quarter of this year, Australian joint venture partner Santos said Friday as it reported its financial results for 2013. Santos holds 13.5% of the ...
Tags: LNG project, Mineral
Delek Group (TASE: DLEKG, OTCQX: DGRLY) ("the Company") Further to that stated in Section 1.11.27(J) of the Company's Annual Report dated March 24, 2013, as amended on July 4, 2013 (Ref. No. 2013-01-083805), below is the immediate report as ...
Tags: Delek Group, Annual Report, Leviathan project, Woodside Petroleum
Acceleware Ltd. (TSX VENTURE:AXE) today announced that Woodside Petroleum Ltd., Australia's largest independent oil and gas company has selected AxWave(TM), Acceleware's high performance seismic modeling software, to simulate data ...
Tags: Oil, Gas, Metallurgy, Mineral, Energy
Woodside Petroleum will recommend Shell's floating LNG technology to its joint venture partners as the best option to develop the Browse project off Western Australia, the company said in a statement Tuesday. "The selection of FLNG as the ...
Tags: Floating LNG, JV Partners
Santos has made a fourth gas discovery offshore Western Australia at its Winchester-1 exploration well in the prolific Carnarvon Basin, the company said in a statement Thursday. Santos Vice President Western Australia and Northern ...
Tags: Santos, Gas Discovery
PetroChina has received Chinese and Australian federal government approval to acquire from ConocoPhillips a 29% stake, valued at around A$32 million ($29 million), in a shale gas joint venture in Western Australia's Southern Canning Basin, ...
Tags: Chemicals, Metallurgy, Mineral, Energy, oil
THE sharemarket recovered strongly from a six-month low,with the resources sector leading gains after the People's Bank of China vowed to prevent a credit crunch in Australia's biggest trading partner and the world's second-largest economy. ...
Tags: sharemarket, trading partner, BHP Billiton, Rio Tinto
Australia's Woodside Petroleum is remaining tight-lipped on the impact of the Israeli cabinet's decision to allocate up to 50% of any gas field's reserves to the domestic market. "We look forward to considering the detail of the gas ...
Tags: Leviathan Deal, Gas Export
Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was up 47 points, or 0.98 per cent, at 4861.4. ...
Tags: Stocks, US Fed Meeting
The sharemarket pared losses after falling to a four-month low today as the market began to speculate on the potential for a surprise interest rate cut from the Reserve Bank of Australia. A higher Australian dollar initially weighed on ...
Tags: Stocks, RBA Meeting
The sharemarket rebounded yesterday after two days of losses, as the dollar tumbled again and government bond yields also fell. The benchmark S&P/ASX 200 closed up 0.3 per cent at 5180.8 after hitting an intraday high of 5194.9. However, ...
Tags: Stocks, Dollar, Bond Yields
UK oil and gas major BP has sought environmental approvals from the Australian federal government for a $600 million exploration program in the frontier waters of the Great Australian Bight, off the continent's south coast. BP holds four ...
THE sharemarket drifted in patchy trade to close marginally lower yesterday, rounding out an otherwise positive week that was characterised by improving sentiment towards the resources sector. BHP Billiton rose 2.8 per cent and Rio Tinto ...
Tags: Bourse, Resources Recover