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Posts Tagged ‘Arrow Energy’

Struggling Shell defers Arrow LNG project again

Angela Macdonald-Smith: February 1, 2014 Royal Dutch Shell has ruled out any commitment this year to the development of its Arrow liquefied natural gas venture in Queensland and signalled a more rigorous approach to other new projects in Australia, where it is also considering big asset sales. Global chief executive Ben van Beurden would not […]

Shell’s Arrow Energy to slash hundreds of jobs

Royal Dutch Shell’s Arrow Energy coal seam gas venture in Queensland is set to cut potentially hundreds of jobs as speculation mounts that the proposed LNG project will be a casualty of reined-in spending by the oil major. One source said up to 600 jobs would go, representing half of the workforce. Angela Macdonald-Smith: January 20, […]

Arrow Energy gas plant gets the green light from government

10th Dec 2013 WITH four strokes of his pen, Federal Environment Minister Greg Hunt has given approval to a suite of enormously expensive and controversial projects planned for Central Queensland and the Great Barrier Reef. Mr Hunt approved two major projects from the Shell-owned Arrow Energy, allowing it to build a $15 billion dollar  plant […]

Worrying signs over the viability of Arrow LNG’s project

ARROW Energy’s major shareholders are Royal Dutch Shell and PetroChina. There are some disturbing signals coming from them that may see plans for the construction of a fourth LNG plant on Curtis Island go the way of the dodo.  Bob Lamont 26th Nov 2013 6:28 AM ARROW Energy’s major shareholders are Royal Dutch Shell and […]

Arrow LNG a likely target in Shell spending rethink

The Arrow gas export project in Australia is a likely casualty of a tighter spending regime at Royal Dutch/Shell as the company’s new boss considers feeding output earmarked for it into a rival plant instead. By Andrew Callus LONDON Tue Nov 12, 2013 2:56pm GMT (Reuters) – The Arrow gas export project in Australia is […]

Shell says to invest $30 billion in Australia over five years

BRISBANE | Mon May 27, 2013 3:19am BST (Reuters) – Royal Dutch Shell plans to invest $30 billion in Australia over the next five years, the firm’s outgoing chief executive Peter Voser said in a speech at an industry conference on Monday. Voser, who built the oil company into a leader in liquefied natural gas, […]

Shell May Delay Australia’s Arrow LNG Project to 2014, CEO Says

By Bloomberg News – Nov 20, 2012 10:07 AM GMT Royal Dutch Shell Plc (RDSA), the world’s biggest liquefied natural gas supplier, may delay until 2014 a decision on its Arrow LNG venture that’s forecast to cost $20 billion amid rising expenses for energy projects in Australia. “We are in preparation of a potential final […]

Shell may feed Arrow gas into rivals’ Australian LNG plants

Tue Nov 20, 2012 2:35am EST * Final investment decision likely delayed for Arrow LNG * Shell may sell gas to rivals’ LNG plants * Cost blowout still an issue -source * Decision not to move forward with plant would be prudent -analysts By Rebekah Kebede and Sonali Paul PERTH/MELBOURNE, Nov 20 (Reuters) – Royal […]

Arrow Energy CEO Says Queensland LNG Invest Decision Due 2013

By Ross Kelly Published October 18, 2012 Dow Jones Newswires MORANBAH, Australia–Royal Dutch Shell PLC (RDSB) and PetroChina Co. (PTR) are on course to approve construction of a multibillion dollar gas-export project in eastern Australia next year, shrugging off fears that cost pressures or a supply glut will delay the venture. “Momentum on the LNG […]

High costs slow Shell’s Arrow LNG project

Paul Garvey From: The Australian June 06, 2012 12:00AM HIGH cost pressures faced by the oil and gas industry have been reflected in Royal Dutch Shell’s contrasting approach to two separate liquefied natural gas developments, with Shell chief executive Peter Voser signalling that progress at the company’s huge Arrow LNG project in Queensland would not […]

Shell says Arrow Gladstone LNG plant still on

Reuters 10:02 p.m. CDT, May 13, 2012 ADELAIDE (Reuters) – Royal Dutch Shell still plans to build a liquefied natural gas (LNG) plant at the Australian port of Gladstone as part of its Arrow LNG development despite reports of rising costs, Shell Australia chairwoman Ann Pickard said on Monday. Earlier this month, a source close […]