Global exploration and production (E&P) spending is forecast to grow by about 9% this year, with U.S. money targeting unconventional and deepwater plays, according to a survey by the energy team at Dahlman Rose & Co.
Australia
Articles from Australia
E&Ps to Target Unconventionals, Deepwater in 2012
Global exploration and production (E&P) spending is forecast to grow by about 9% this year, with U.S. money targeting unconventional and deepwater plays, according to a survey by the energy team at Dahlman Rose & Co.
January 5, 2012
Alaska Producer Takes Option on LNG Facility
Sydney, Australia-based producer Buccaneer Energy Ltd. has signed a contract to supply natural gas to ConocoPhillips’ liquefied natural gas (LNG) facility on Alaska’s Kenai Peninsula, about 10 miles northwest of Buccaneer’s 100% owned Kenai Loop project. The deal gives Buccaneer the flexibility to flow gas from its Cook Inlet drilling while it awaits the completion of a nearby gas storage facility.
December 19, 2011
BHP In the ‘Shale of the Shales,’ Says Petroleum Unit Chief
Recent acquisitions have put Australia’s BHP Billiton Ltd. in the “shale of the shales” and positioned it to be a low-cost provider in the development-friendly United States, the company’s petroleum unit chief, J. Michael Yeager, told financial analysts, noting that plans to export liquefied U.S. gas to the rest of the world are racing ahead and BHP is ready.
November 21, 2011
BHP In the ‘Shale of the Shales,’ Says Petroleum Unit Chief
Recent acquisitions have put Australia’s BHP Billiton Ltd. in the “shale of the shales” and positioned it to be a low-cost provider in the development-friendly United States, the company’s petroleum unit chief, J. Michael Yeager, told financial analysts, noting that plans to export liquefied U.S. gas to the rest of the world are racing ahead and BHP is ready.
November 17, 2011
Chevron OKs Huge Australian LNG Project
Chevron Corp. said last week its Australian subsidiary will proceed with the massive Wheatstone Project in Western Australia to boost the commercialization of gas resources in the region. The first phase includes construction of two liquefied natural gas (LNG) processing trains and attendant infrastructure costing $29 billion.
October 3, 2011
Chevron OKs Massive Australian LNG Project
Chevron Corp. said Monday its Australian subsidiary will proceed with the massive Wheatstone Project in Western Australia to boost the commercialization of gas resources in the region. The first phase includes construction of two liquefied natural gas (LNG) processing trains and attendant infrastructure costing $29 billion.
September 27, 2011
Alaska Utility Inks Cook Inlet Supply Deal
Australia’s Buccaneer Energy Ltd. has struck a deal with Alaska utility Enstar Natural Gas Co. to supply it with gas from the state’s Cook Inlet. The gas will serve customers in gas-hungry Southcentral Alaska, where Enstar supplies the vast majority of residential and commercial customers.
August 29, 2011
BHP Billiton-Petrohawk Merger Clears Final Regulatory Hurdle
The Committee on Foreign Investment in the United States has given Australia’s BHP Billiton Ltd. and shale patch pioneer Petrohawk Energy Corp. the final necessary regulatory green light for their proposed $12.1 billion merger, concluding that the deal poses no national security issues of concern, the companies said.
August 22, 2011
BHP Billiton Cleared to Close $12.1B Petrohawk Merger
The Committee on Foreign Investment in the United States has given Australia’s BHP Billiton Ltd. and shale patch pioneer Petrohawk Energy Corp. the final necessary regulatory green light for their proposed $12.1 billion merger, concluding that the deal poses no national security issues of concern, the companies said.
August 22, 2011
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