Chevron is facing safety concerns at the Gorgon liquified natural gas (LNG) project in Western Australia, with reports of dangerous cracks being discovered at the facility.
According to media reports,
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Woodside secures funds
This represents the first stage of Woodside’s $2.5 billion equity raising, which aims to provide for the acquisition of an addition 50 per cent stake in the Scarborough gas field; and for general
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Woodside signals LNG expansion
Woodside has agreed to buy ExxonMobil’s 50 per cent stake in Scarborough for up to $744 million, which would take Woodside’s stake up to 75 per cent, with part of that due pending a final investment
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Billions more to be spent
Capital expenditure (capex) into Oceania’s conventional gas and coal bed methane (CBM) projects would add up to $48.6 billion and $4.6 billion respectively over the eight-year period.
Conventional
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ACCC authorises LNG coordination
According to the ACCC, the four LNG producers compete for a limited pool of skilled contractors and specialised equipment to conduct scheduled maintenance.
“LNG producers can now schedule maintenance
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