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Category Archives: gas investment
Australian Gas Reserves Could Last Upto 2 Centuries
Today Australia is the fourth largest exporter of liquified natural gas (LNG), but shale resources estimated at about 400 trillion cubic feet could propel it to a global exporter, overtaking Qatar. Australia has enough gas reserves to power the country … Continue reading
Posted in gas investment, Gas news
Tagged Australia, energy resources, gas exports, gas reserves, liquified natural gas, LNG, natural gas, Western Australia
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Chevron Uncovers More Gas Off Western Australia
Chevron has confirmed two new natural gas discoveries in the Carnarvon Basin off Western Australia which should bolster expansion hopes into the existing $29 billion Wheatstone liquefied natural gas project.
Iraqi Higher Energy Committee authorizes $13b LNG deal with Shell, Mitsubishi
The Iraqi Higher Energy Committee confirmed a LNG agreement with multinational oil and gas companies Shell and Mitsubishi of $13 billion (Dh45.5 billion) to develop and enhance the southern gas fields of Zubair, Rumaila and West Qurna near Basra throughout … Continue reading
Posted in gas investment
Tagged Basra, Basra Gas, energy, Gas, gas investment, Iraq, Iraqi government, Iraqi Higher Energy Committee, liquefied gas, liquefied natural gas, LNG, Ministry of Energy, Mitsubishi, natural gas, Oil and Gas, oil fields, Rumaila, Shell, southern Iraq, West Qurna, Zubair
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Exxon planning to sell stakes in Aceh gas fields
ExxonMobil announced on Monday that it is selling its natural gas assets in three Indonesian companies in Aceh connected with long-extended human rights lawsuit.
Consumption of Natural gas to generate electricity increases, trade group takes on shale gas reports
Usage of Natural Gas in 2010 to generate electricity was higher by 38% than that in 2001, while it was greater this year, about seven billion cubic feet per day more than 2010, reports U.S. Energy Information Administration on Wednesday.