Monthly Archives: May 2013

Exxon eyes Interoil assets for PNG LNG expansion

May 27 (Reuters) – Exxon Mobil’s talks with Interoil to develop the Elk and Antelope fields could lead to an expansion of its $19-billion Papua New Guinea liquefied natural gas (PNG LNG) project, an Exxon executive said on Monday. The company did … Continue reading

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Perth could be Asia’s Aberdeen, Stavanger’, says Woodside CEO Peter Coleman

May 23, 2013 – AAP PERTH has an opportunity to become the best oil and gas technology centre in Asia by modelling itself on major hubs in Scotland and Norway. Some of the world’s biggest oil and gas companies continue … Continue reading

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Newfield may sell assets in Malaysia

21-March-2013 HOUSTON: Newfield Exploration Co, which is exploring the sale of its offshore assets in Malaysia and China, said it would be able to expand production more dependably by focusing on North America. While some larger companies prefer to keep … Continue reading

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Shell CEO Says Australian LNG Faces Rising Challenges

26-May-2013, Dow Jones Newswire BRISBANE, Australia–Australia’s booming gas-export industry is facing mounting challenges, including rising costs and the potential for competing supplies from North America, Asia and East Africa, Royal Dutch Shell PLC (RDSA) Chief Executive Officer Peter Voser said … Continue reading

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Woodside Restarts Gas Search for Pluto Expansion

By ROSS KELLY, Dow Jones Newswires 26-May-2013 BRISBANE, Australia—Woodside Petroleum Ltd. will restart efforts to find natural gas for an expansion of a flagship Australian export facility early next year, but it isn’t anxious to compensate for slow organic production growth with a … Continue reading

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Chevron 1Q Net Falls 4.5% as Margins, Revenue Decline

by Dow Jones Newswires|Ben Lefebvre|Friday, April 26, 2013 Chevron Corp.’s first-quarter earnings dropped 4.5% as moderating oil prices led to a drop in revenue despite an uptick in production. The San Ramon, Calif., oil company reported Friday a profit of … Continue reading

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Chevron Announces Natural Gas Discovery Offshore Australia (April 23, 2013)

Elfin-1 discovery grows unrivalled natural gas portfolio in Australia SAN RAMON, Calif., April 23, 2013 – Chevron Corporation (NYSE: CVX) today announced further drilling success by its Australian subsidiary in the Exmouth Plateau area, located in the Carnarvon Basin. The Elfin-1 exploration … Continue reading

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