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Linc Energy Looks for Partners for Move to Commercialisation

Linc Energy (ASX:LNC) is likely to get some help from a partner to build its first commercial plant in Australia. The Managing Director Peter Bond said that they were still about two years away from commercialising their underground coal gasification technology.

9 Aug 2010

Tony Hayward Out Robert Dudley In as CEO of BP

Tony Hayward the Chief Executive of BP is set to be replaced by Robert Dudley. The disaster of the oil spill in the Gulf of Mexico seems to be claiming more than just sea and plant life.

26 Jul 2010

Woodside Petroleum's Production Affected by Maintenance

Woodside Petroleum's production is being affected by the cost of maintenance related closures and asset sales. The oil and gas company has recorded a drop in its second quarter production levels by 10% compared to the previous year.

From Woodside Petroleum Ltd. 25 Jul 2010

Santos Secures $2 Billion for LNG Projects

Santos (ASX:STO) has secured loans worth $2 billion from nine banks for its liquefied natural gas (LNG) plants in central Queensland and Papua New Guinea. The construction of the Gladstone project in Australia and the new one in Papua New Guinea are expected to benefit from the loan.

From Santos Ltd. 20 Jul 2010

Chevron Signs Korean LNG Deal for Wheatstone Project

Chevron has signed a deal to supply liquefied natural gas (LNG) to a Korean Gas company from its Wheatstone project off the Pilbara in Australia's North West.

From Chevron Australia Pty Ltd 20 Jul 2010

Concerns Over Shipping Channel Blasting in Darwin

Concerns over blasting to build a ship channel are growing amongst environmentalists regarding the LNG plant that Inpex will build in Darwin Harbour. The company needs to blast away rock to make a new shipping channel for its gas plant.

From INPEX Corporation 20 Jul 2010

Queensland Gas Projects on Hold Pending Garrett Review

The Australian Environment Minister Peter Garrett is not the Queensland's mining communities' most favorite person right now. Billions of dollars worth of Coal Seam Gas projects in Queensland are on hold for three months so that Mr. Garrett can study the impact of these projects on the environment.

From Santos Ltd. 20 Jul 2010