Dinosaur tracks in the James Price Point area are to be surveyed for the next two weeks after public outcry from residents and environmentalists. The tracks lay across the proposed site of Woodside’s Browse gas hub.
The tracks have recently been left out of the 19 million hectares of newly heritage listed land. At the time the prints were considered low grade and not as substantial as prints found along the Dampier Peninsular.
The two week survey of the prints will be conducted by prominent palaeontologist Richard McCrea and University of Colorado geology professor Martin Lockley. McCrea is the founder of the Canadian Peace Region Palaeontology Research Centre.
Refusing to be drawn in to community relations, McCrea said his primary interest will be to asses “the tracks themselves and their significance."
“The controversy to me, from a scientific point of view, does not bear into this at all," he said.
Tuesday 27 September 2011
India’s Gail Interested in Chevron’s Gorgon Project
The Economic Times has reported that the state owned gas distributing company Gail, is in talks to purchase equity stakes in Chevron’s Gorgon project.
According to the publication an unnamed executive confirmed that the company is “keen to pick up an equity stake in Chevron's Gorgon LNG plant in Australia”, as well as their LNG plant in Algeria.
However, a spokesperson from Gail later confirmed that the company was in talks to secure supply of LNG from multiple companies, not equity stakes.
According to the publication an unnamed executive confirmed that the company is “keen to pick up an equity stake in Chevron's Gorgon LNG plant in Australia”, as well as their LNG plant in Algeria.
However, a spokesperson from Gail later confirmed that the company was in talks to secure supply of LNG from multiple companies, not equity stakes.
Ichthys Project Vital NT Economic Growth
Westpac’s chief economist Bill Evans has outlined at a client breakfast, the Northern Territory’s dependence on Inpex’s LNG project.
"If it (Inpex) doesn't happen, the impact on confidence and the downward momentum we are seeing in things, like housing prices and population growth and employment, will probably continue,” he said.
While many companies are delaying massive investments because of the GFC, Evans said that he still expects Ichthys to go ahead as planned.
"If it (Inpex) doesn't happen, the impact on confidence and the downward momentum we are seeing in things, like housing prices and population growth and employment, will probably continue,” he said.
While many companies are delaying massive investments because of the GFC, Evans said that he still expects Ichthys to go ahead as planned.
Wheatstone Developments Push Chevron Shares
Chevron Corp has announced its plans to advance with the company’s Wheatstone LNG project.
The project is set to cost 29 billion dollars and pump 8.9 million tonnes of liquid and gas per year to an onshore processing site. Production could increase to a possible 25 million tonnes per year as Chevron tries to meet the demand coming from the Asia-Pacific region.
The project is set to cost 29 billion dollars and pump 8.9 million tonnes of liquid and gas per year to an onshore processing site. Production could increase to a possible 25 million tonnes per year as Chevron tries to meet the demand coming from the Asia-Pacific region.
Monday 26 September 2011
Wheatstone Approval makes Australia a Global Energy Superpower
Global energy giant Chevron yesterday approved WA’s $29 billion Wheatstone gas project. The project will put Australia in direct competition with Qatar as the world’s largest LNG supplier.
Wheatstone is a joint venture project with Chevron 73.6 per cent, Apache 13 per cent, Kuwait Foreign Petroleum Co (KUFPEC) 7 per cent, Shell Australia 6.4 per cent.
Construction of the development will start in November, take 6 years ans create 6500 jobs. First exports are planned to commence in 2016 and will produce $20 billion in government revenue.
Wheatstone is a joint venture project with Chevron 73.6 per cent, Apache 13 per cent, Kuwait Foreign Petroleum Co (KUFPEC) 7 per cent, Shell Australia 6.4 per cent.
Construction of the development will start in November, take 6 years ans create 6500 jobs. First exports are planned to commence in 2016 and will produce $20 billion in government revenue.
Wheatstone Approval Makes Australia a Global Energy Superpower
Yesterday global energy giant Chevron approved WA’s $29 billion Wheatstone gas project. The project will put Australia in direct competition with Qatar as the world’s largest LNG supplier.
Wheatstone is a joint venture project with Chevron 73.6 per cent, Apache 13 per cent, Kuwait Foreign Petroleum Co (KUFPEC) 7 per cent, Shell Australia 6.4 per cent.
Construction of the development will start in November, take 6 years ans create 6500 jobs. First exports are planned to commence in 2016 and will produce $20 billion in government revenue.
Wheatstone is a joint venture project with Chevron 73.6 per cent, Apache 13 per cent, Kuwait Foreign Petroleum Co (KUFPEC) 7 per cent, Shell Australia 6.4 per cent.
Construction of the development will start in November, take 6 years ans create 6500 jobs. First exports are planned to commence in 2016 and will produce $20 billion in government revenue.
No Cost Increase for Gorgon Project
Chevron is not currently predicting a cost increase of its Gorgon LNG project. The project is approaching 30 percent completion and is set to cost the company $37 billion dollars.
Vice Chairman George Kirkland said on Monday that Australia’s natural resource projects have been under cost pressure this year because of a massive pipeline of projects and a shortage of skilled labour.
Chevron expects that 90 percent of gas that is produced through their Wheatstone project will be sold through long term contracts that they expect to secure over the coming years.
Vice Chairman George Kirkland said on Monday that Australia’s natural resource projects have been under cost pressure this year because of a massive pipeline of projects and a shortage of skilled labour.
Chevron expects that 90 percent of gas that is produced through their Wheatstone project will be sold through long term contracts that they expect to secure over the coming years.
Sunday 18 September 2011
Kyushu, Chevron finalise Wheatstone LNG sales deal
Today Japanese utility Kyushu Electric Power and Chevron signed a Sales purchase agreement.
It’s for the delivery of 800,000 t/yr of LNG For up 20 years from 8.9 mn t/yr Wheatstone venture.
The deal is the second SPA Chevron has signed for Wheatstone LNG
Chevron, along with its Wheatstone partners US independent Apache and Kuwait's state-owned overseas upstream firm Kufpec, will supply 700,000 t/yr to Kyushu. The balance will come through Kyushu's acquisition of a 1.83pc of Chevron's equity share in the Wheatstone field licences and a 1.46 pc interest in the Wheatstone liquefaction plant to be built at Ashburton North near Onslow in Western Australia.
It’s for the delivery of 800,000 t/yr of LNG For up 20 years from 8.9 mn t/yr Wheatstone venture.
The deal is the second SPA Chevron has signed for Wheatstone LNG
Chevron, along with its Wheatstone partners US independent Apache and Kuwait's state-owned overseas upstream firm Kufpec, will supply 700,000 t/yr to Kyushu. The balance will come through Kyushu's acquisition of a 1.83pc of Chevron's equity share in the Wheatstone field licences and a 1.46 pc interest in the Wheatstone liquefaction plant to be built at Ashburton North near Onslow in Western Australia.
Monadelphous wins $150m Contract
Monadelphous Group secured there Construction contract With Rio Tinto and Hancock Prospecting. It’s valued at $150 million. It is for Hope Downs 4 Iron project. The project will commence immediately and scheduled for completion in 2013.
Rob Velletri Managing Director said the company look forward in delivering results on the project.
Rob Velletri Managing Director said the company look forward in delivering results on the project.
Wednesday 14 September 2011
Saleem Technologies’ wins Contract
Perth software company Saleem Technologies’ has won a contract from Leighton Contractors. The contract is to track is to track and manage construction for the company Civil and underground works.
They will be using Track’em. It is patent pending software which tracks construction materials and assets using GPS.
Operated by an Australian subsidiary of Chevron, the $A814 million Gorgon project, 130 km off West Australia’s north-west coast, is one of the world's largest natural gas projects and the largest single resource natural gas project in Australia's history.
They will be using Track’em. It is patent pending software which tracks construction materials and assets using GPS.
Operated by an Australian subsidiary of Chevron, the $A814 million Gorgon project, 130 km off West Australia’s north-west coast, is one of the world's largest natural gas projects and the largest single resource natural gas project in Australia's history.
Tuesday 13 September 2011
Ichthys moves a step closer
Ipex Corp’s 25 billion Ichthy’s development is happening. The Japanese company said yesterday the Construction of its Naoetsu LNG Terminal is to be completed by 2014.
Dome shaped roofs were lifted into LNG Tanks yesterday.
Its tipped Inpex is to approve the Ichthys development. This includes construction of a semi- submersible processing facility in the browse basin.
Dome shaped roofs were lifted into LNG Tanks yesterday.
Its tipped Inpex is to approve the Ichthys development. This includes construction of a semi- submersible processing facility in the browse basin.
Monday 12 September 2011
Royal Dutch Shell plc Delivering New Growth
Confirmation of Solid Oil and Gas Projects in 2011 announced by shell at an Investors Days in New York
Shell is building a profitable growth for shareholders in the future.
These three projects, representing some $30 billion of investment, underpin our targets for financial and production growth to 2012. We are on track to deliver our strategic targets for 50-80% growth in cash flow from operations from 2009 to 2012,
In Canada oil sands, we have progressed with ramping-up of the expansion project at our Scotford Upgrader,
Shell is building a profitable growth for shareholders in the future.
These three projects, representing some $30 billion of investment, underpin our targets for financial and production growth to 2012. We are on track to deliver our strategic targets for 50-80% growth in cash flow from operations from 2009 to 2012,
In Canada oil sands, we have progressed with ramping-up of the expansion project at our Scotford Upgrader,
Perth costly Road Project
Work is to commence on Perth’s Expensive road project, costing $83 million per kilometre.
There are a lot of complications to this road project. It’s located between Kooyong road and Tonkin Highway. There have been a lot of rear-end crashes due to the poor design of the road.
The project consists of raid widening, bus lanes, u turn facilities, cycle lanes, foot path on either side of the road.
This project is being jointly funded by the Federal Nation Building program.
The Alliance Director Nick Combe quoted this is exciting and it’s going to be a spectacular road.
There are a lot of complications to this road project. It’s located between Kooyong road and Tonkin Highway. There have been a lot of rear-end crashes due to the poor design of the road.
The project consists of raid widening, bus lanes, u turn facilities, cycle lanes, foot path on either side of the road.
This project is being jointly funded by the Federal Nation Building program.
The Alliance Director Nick Combe quoted this is exciting and it’s going to be a spectacular road.
Thursday 8 September 2011
Tropicana looks golden
The most significant Australian gold discovery, Tropican Gold project is on target for first production in 2013. At this week’s Diggers and Dealers forum Graham Ehm, AngloGold Ashanti executive vice president has highlighted the importance of jewellery to the gold market. “I don’t need to tell you gold is going through a remarkable period – last month the gold price hit an all-time high of $1600 fuelled by persistent concerns about European sovereign debt and a stalemate in US deficit plan negotiations,” he said.
Sunday 4 September 2011
CBD Laneways
CBD Laneways to develop as retail vacancies rise. 22,000 sq metres will hit stores the middle of 2012.
The next laneways to be upgraded are Grand Mc Clean and Howard Lane. There is up to 30 Laneways to be developed.
Brookfield multiplex is developing a new city square
The next laneways to be upgraded are Grand Mc Clean and Howard Lane. There is up to 30 Laneways to be developed.
Brookfield multiplex is developing a new city square
Thursday 1 September 2011
City link land up for grabs, for nearly $1 billion
5 Hectares of land for sale which is located between Northbridge and the City. It’s expected to cost 1 billion dollars for the state Government.
State land Government has interest in the land. The plans will be finalised by 2012.
There will be no precise figure as they want to get the best possible price. The Devoplment is said to house up 3000 people.
State land Government has interest in the land. The plans will be finalised by 2012.
There will be no precise figure as they want to get the best possible price. The Devoplment is said to house up 3000 people.
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