Saturday, August 25, 2012

Saving the Kimberley's dinosaur treasures | Rachel Siewert

Saving the Kimberley's dinosaur treasures | Rachel Siewert: Australian Greens Senator Rachel Siewert speaks about the 130 million year old dinosaur prints that are being threatened by the development of an LNG hub at James Price Point.

Some of the largest dinosaurs to have walked the earth are responsible for these prints. The significance of this area is still being discovered, as shown by results released in Broome over the weekend.

3 comments:

  1. Barnett strikes again !!!

    http://www.theaustralian.com.au/business/mining-energy/barnett-tells-miner-to-sell-asset-to-other-developers/story-e6frg9df-1226458434870

    Confirmation that the world's biggest miner would not develop Yeelirrie - which came after more than a year of denials - prompted WA Premier Colin Barnett to call on the miner to sell the project to a company that would develop it.

    IF Barnett has to deal with this it could be very interesting.

    http://www.theaustralian.com.au/business/opinion/steeling-for-lower-ore-prices/story-e6frg9qo-1226458422553

    CHINA'S steel industry is suffering from years of excessive investment and faces a protracted shake-out that threatens the comfortable assumptions of Australian policymakers about the sustainability of our most important market.

    They're off to Africa,Barnett will be blocking them.

    http://www.theaustralian.com.au/business/mining-energy/cbc-sets-10-billion-deal-target-for-africa/story-e6frg9df-1226458431884

    The CBC has set an ambitious target of $10bn worth of new deals before the end of this year flowing from last year's landmark Commonweath Business Forum in Perth

    THIS IS BARNETT'S DREAM,DOING IT PUTIN'S WAY,IF ONLY....

    http://www.spiegel.de/international/business/russian-oil-exploration-in-arctic-circle-causes-major-environmental-damage-a-851617.html

    Gazprom Neft Shelf is the Gazprom subsidiary that holds the license for the Prirazlomnoye oilfield, and its emergency plan for handling potential environmental damages currently consists of three axes, 25 buckets, 15 shovels, 15 rakes and two all-terrain vehicles. The drilling platform's insurance against environmental damage amounts to a laughable €180,000.

    IS THE SPILL PLAN FOR JPP ANY BETTER,SOME PARTS LOOK THE SAME.

    Once the villagers drank the water from the river, but to do so now could be fatal. In between the rainbow-colored streaks of oil, pale foam floats toward the Arctic.




    One rural doctor here has kept records of patients' medical histories in Ust-Usa and the surrounding villages. The incidence of cancer is 50 percent higher than it was in 2000, and children and teenagers suffer from respiratory illnesses twice as often. Few men in these villages ever reach retirement age. Average life expectancy here is 58, compared to a national average of 70.

    Residents at a town hall meeting express their anger at the oil corporations and the Kremlin. One retiree rages against "Putin's regime, exterminating its own people."

    APART FROM THE MOUNTAINS COULD BE BARNETTS "SAIL PAST" VISION FOR JPP.

    http://www.payvand.com/news/12/aug/1223.html

    Iran's natural gas exports will reach 60 billion cubic meters (bcm) per year by the end of the fifth five-year development plan (March 2016), National Iranian Gas Company's managing director Javad Owji said.
    ...

    Iran plans to raise gas exports to 230 million cubic meters per day by 2025, aiming to boost its share in global gas exports to 16 percent from just one percent at present.

    Can't post the photo,but it's worth a look.

    ReplyDelete
  2. If you haven't seen one this is the official response from Shell re JPP and their Chevron buyout.

    Dear ^^^^^^,

    Thanks for your email.



    Shell, along with the other Browse participants, is working to meet the conditions imposed by the Federal and State Governments on the renewal of the Browse retention leases. One of these conditions requires that we select the development concept where gas is processed at James Price Point, unless we can demonstrate that an alternative development concept is likely to be commercially viable at an earlier date.



    Right now, we’re working with Woodside, as operator, through the Front End Engineering and Design (FEED) phase for James Price Point. We will know more at the end of the FEED process.



    Along with this process, it is very important to take into account all the technical, social, economic and environmental factors involved in such a complex development. Shell understands this, and supports this work. We will consider next steps once the FEED process is complete.



    We recognise and appreciate your connection to the region.

    Thank you for contacting us.



    Regards,



    Melinda



    Melinda Hayes

    Upstream Communications Advisor | CX-UIZ
    Shell Development (Australia) Pty Ltd

    2 Victoria Avenue, Perth WA 6000



    Mail: GPO Box A47 CDC, Perth WA 6837
    Tel: +61 (0) 8 9338 6972

    Mob: +61 405 314 125
    Internet: www.shell.com

    ReplyDelete
  3. If things in China really were in top gear it would be reasonable to expect these 2 companies to be doing well.

    PETROCHINA Co's second-quarter net profit fell more than a fifth due to lower crude rates and refining losses, as it warns the energy industry's outlook remains uncertain amid a global slowdown.

    The road to a global economic recovery will remain sluggish and tortuous in the second half of 2012," PetroChina said, adding that it expects the Chinese economy to continue growing slowly.

    Net profit in PetroChina's natural gas and pipeline segment tumbled 84.7 percent to 1.64 billion yuan in the first six months of the year.
    ...

    HONG KONG—Cnooc Ltd. posted a 19% decline in its first-half net profit on Tuesday

    Despite the decline in output, Cnooc said it expects to meet its 2012 production target amid an aggressive strategy of acquiring overseas shale-gas and oil assets. Its confidence in meeting the output target is underpinned by 10 new oil- and gas-exploration discoveries in offshore China so far this year as well as the planned acquisition of Nexen, announced last month.

    All 3 of China's biggest oil and gas companies are into the US and Canada shale gas in a very big way.

    China's big three energy producers—Cnooc, China National Petroleum Corp. and China Petroleum Corp. —have secured multibillion-dollar deals in recent years to buy into shale-gas and oil assets in North America, giving their energy-thirsty nation a foothold in a region known for innovative new drilling techniques

    The shale-gas industry is still in its infancy in China, but the Chinese government has made shale gas a cornerstone of its five-year energy plan, aiming to boost production from no commercial output today to 60 billion cubic meters a year by 2020.

    IT IS VERY INTERESTING HOW BARNETT CALLS ON CHINA TO FUND HIS FAILED PLANS EVERY TIME THEY FALL OVER.

    THE TRUTH IS THE CHINESE HAVE BEEN BURNT TO THE TUNE OF ABOUT 12 BILLION ON AUSTRALIAN PROJECTS,SO BAD IS IT THAT THE CHINESE HAVE SET UP A BOARD TO REVIEW ALL FUTURE INVESTMENTS TO PUT A STOP TO THE MASSIVE LOSSES.

    HOW WILL BARNETT SELL JPP GAS AT $17 UNIT TO THE CHINESE WHEN US GAS WILL COST THEM ABOUT $10 UNIT,THEIR OWN FRACCED GAS $2 AND RUSSIAN "PIPED IN" AT $4 ???

    AFRICA IS KILLING US TOO.

    HOW WILL BARNETT SELL JPP TO INVESTORS AT A REAL RATE OF RETURN OF 10%,MAYBE LESS,FROM JPP,WHEN THE PEOPLE LENDING THE MONEY WANT 15% ???

    And given the pressure Kloppers is under would he be mad enough to try and sell his shareholders a project with 10% real rate of return,when there are options to give BHP 15% ???

    ReplyDelete