A MAJOR national bank has been forced to remove more than 100 misleading out of order signs from its ATMs after being targeted by anti-coal activists.
A score of ANZ Banking Group machines sprawled across six capital cities were plastered with "out of order" signs on Sunday after campaigners launched their latest bid to draw attention to the bank's funding of the coal industry.
And LNG ships have collisions.
ReplyDeleteThursday, 27 September 2012
A COLLISION between the Norgas Cathinka LPG carrier and the roll-on, roll-off passenger ferry Bahuga Jaya near Merak, Indonesia, has left eight dead.
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Hess goes FLNG.
Andy Graham
Thursday, 27 September 2012
WITH its appraisal program at the Equus offshore gas project in Western Australia complete, Hess is moving ahead with commercialisation, calling this week for registrations of interest for major subsea and floating production system contracts.
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Big LNG plants are not the only plans afoot.
No pipe dreams
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Thursday, 27 September 2012
WHILE exporting liquefied natural gas may be all the rage, key Asian consumers – spurred by the need for security of supply – are spreading their bets and reviving long dead negotiations on natural gas pipeline projects.By Gomati Jagadeesan
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More downward pressure on US gas prices.
September 27, 2012
Natural gas prices in the U.S. could be further depressed in coming months, as an array of new natural gas pipelines prepares to come online bringing shale gas to market along the East Coast, Bloomberg reports.
Around 1,000 natural gas wells have been started, but left unfinished thanks to a shortage of pipeline infrastructure to transport the gas.
However, several new pipelines from the Marcellus shale play in Pennsylvania, Ohio and West Virginia are scheduled to come online this fall, raising the potential for further oversupply of the already swamped market. The new pipelines could bring in as much as 2 billion cubic feet of gas per day.
"There are new pipelines coming up and more Marcellus gas is going to flood storage going into winter," Phil Flynn, senior market analyst at Price Futures Group, told Bloomberg. "Unless you get a really cold winter, prices are going to be in the $2 range."
Correction - Hess has not made up it's mind where the gas is going.
DeleteEquus lies in the wholly owned permit WA-390-P in Carnarvon basin between the Greater Gorgon fields and the Scarborough gas on the Exmouth Plateau.
The appraisal program saw 13 out of the 16 wells drilled as successful gas discoveries. Five wells were flow tested.
Hess is aiming for a final investment decision by mid-2013 and for an onstream date of 2018.
Destination for the Equus gas has yet to be decided, but it is slated to be tied into a third party facility. The Gorgon-Jansz, Pluto, or Wheatstone LNG plants are all potential connections.
ONCE AGAIN FORECASTS FROM THIS BLOG HAVE BECOME REALITY.SOMETHING STARTS LIFE AS A LEMON - IT GENERALLY CONTINUES THAT WAY.PLUTO IN BIG TROUBLE - THIS SPELLS DISASTER FOR WOODSIDE.
ReplyDeletehttp://www.energynewsbulletin.net/storyview.asp?storyid=9638277§ionsource=s0
Thursday, 27 September 2012
IN TODAY'S News Wrap: speculation rife about trouble at Pluto; Kansai adds to its Qatari purchases; Shell warns on new Nigerian system.
LNG Journal.
ReplyDeleteThe Panama Canal's expansion at a cost of more than $5 billion is set to have a dramatic impact on world trade patterns, in particular the LNG industry, and the project has already contributed to a surge in Asian participation in US LNG export ventures.
The expansion will allow 80 percent of the almost 400 vessels in the global LNG carrier fleet to deliver LNG from new US export plants being constructed or planned along the Gulf coast of Louisiana and Texas, as well as Georgia and Maryland, to the premium LNG markets of Asia.
The story continues to unfold.
ReplyDeleteDoubts emerge over Woodside’s Pluto wells
27 September 2012 | Sarah Thompson and Anthony Macdonald
PRINT: 27 September 2012 | PAGE 24 | Doubts emerge over Woodside’s Pluto wells
The presence of a huge offshore well and pipeline maintenance vessel at Woodside’s Pluto gasfield off the West Australian coast has triggered concerns there may be trouble at some of its offshore wells.
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OOOPS ! CHEVRON CAUGHT IN THE ACT - AGAIN !!!
ReplyDeleteChevron workers held in Indonesia
Friday, 28 September 2012
FOUR Chevron employees are learning about the risks of doing business in Indonesia, reportedly being arrested by government regulators on suspicion of corruption.
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ReplyDelete