Wednesday, September 12, 2012

Motion against Government's handling of gas hub - ABC News (Australian Broadcasting Corporation)

Motion against Government's handling of gas hub - ABC News (Australian Broadcasting Corporation): The State Opposition has moved a motion in Parliament condemning the Government's handling of the proposed Kimberley gas hub.

Labor has accused the government of having disregard for the Indigenous cultural sensitivities of the area at James Price Point.

It has also criticised the environmental assessment process after the decision to recommend the project's approval was made by the chairman of the Environmental Protection Authority alone.

The Opposition Leader Mark McGowan says the Premier has overseen a series of failings on the issue.

"You have threatened commercial interests, you have threatened Indigenous people, you have torn the community of Broome apart," he said.

"You have had an environmental process which has been an outrageous corruption of what was the intended process when the EPA was set up."



    Wednesday, 12 September 2012

    JGC Corp. of Japan, as leader of a consortium with Samsung Heavy Industries of South Korea, has won the front-end engineering and design contract for a second Floating LNG production plant being developed offshore Malaysia by state energy company Petronas.


    The well encountered approximately 52 net meters (170 feet) of natural gas pay in three zones. Although no oil was encountered, the presence of hydrocarbons warrants further evaluation. Over the next several months, Apache and its partners in the Kenya L8 Joint Venture will analyze the well data to determine future exploration activities.

    Apache has 50 percent interest in the Mbawa 1 well and is the operator. Others in the joint venture are Origin Energy Ltd. (20 percent), Pancontinental Oil & Gas NL (15 percent) and Tullow Kenya B.V. (15 percent).


    ANZ Bank is considering its options after the Full Court of the Federal Court yesterday upheld a ruling that the bank should surrender more than 1300 Vanuatu customer accounts to the Australian Taxation Office.



    Chevron will swoop on a prime piece of land surrounding the Elizabeth Quay development in the city for its new WA headquarters in as little as four weeks, according to market sources.

    Premier Colin Barnett has spoken in the past of his desire for the area to become an oil and gas precinct to help secure WA's future beyond the current wave of mining investment.

    Planning Minister John Day, who is overseeing the development, yesterday refused to bite, saying he did not wish to fan speculation.

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