NOVEMBER 2, 2011, 4:52 A.M. ET By DAVID WINNING And DAVID FICKLING SYDNEYAustralia’s foreign-investment watchdog has pushed back by up to 90 days a decision on the takeover of coal-seam-gas developer Bow Energy Ltd. by a joint venture of Royal Dutch Shell PLC and PetroChina Co. In a government notice to parliament, the Foreign Investment [...]
Posts Tagged ‘Coal-seam Gas’
By James Paton Sept. 26 (Bloomberg) — Arrow Energy Ltd., owned by Royal Dutch Shell Plc and PetroChina Co., agreed to buy Bow Energy Ltd. after sweetening its offer to A$535 million ($516 million), gaining resources for a natural gas project in Australia. The coal-seam gas explorer and producer in Queensland state increased its cash [...]
Shell rapidly expanding its positions in unconventional gas (tight gas, shale gas and coal-bed methane)
From pages 31 & 32 of Royal Dutch Shell and its sustainability troubles Background report to the Erratum of Shells Annual Report 2010 The report is made on behalf of Milieudefensie (Friends of the Earth Netherlands) Author: Albert ten Kate: May 2011. Unconventional gas and high-volume fracking Not only for oil, but also for [...]
Wed Nov 17, 2010 9:59pm GMT SYDNEY Nov 18 (Reuters) – An Australian coal-seam gas company owned by Royal Dutch Shell and PetroChina Co Ltd has confirmed the presence of toxins in three wells in an Australian project. Arrow Energy said in a statement released to the Australian stock exchange on Thursday that trace amounts [...]
By Stephen Bierman – Sep 24, 2010 Royal Dutch Shell Plc may seek to develop coal-bed methane in Siberian Russia after a meeting with regional officials. The Kemerovo region is Russias leading coal province and may be of interest for Shell given our expertise and advanced technologies in coal-bed methane, Vera Surzhenko, a spokeswoman for [...]
The takeover of gas producer Arrow Energy Ltd. by Royal Dutch Shell Plc and PetroChina Co. will generate a A$326 million ($308 million) profit for shareholder New Hope Corp., giving the coal miner more cash for acquisitions.
Sept. 13, 2010, 6:13 p.m. EDT press release ForestEthics: CEO of Royal Dutch Shell Confronted by Protestors During World Energy Congress photo-credit: ForestEthics (click on photo to view high resolution image) VANCOUVER, BRITISH COLUMBIA, Sep 13, 2010 (MARKETWIRE via COMTEX) Before his keynote address today at the World Energy Congress in Montreal, CEO of global [...]
The Sydney Morning Herald August 19, 2010 – 11:09AM AAP A ceremony in Queensland has marked the takeover of coal seam gas company Arrow Energy Ltd by international oil giant Royal Dutch Shell and PetroChina Co Ltd. Premier Anna Bligh said the $3.5 billion takeover of Arrow brought together Shell’s knowledge in liquefied natural gas [...]
REUTERS SYDNEY | Wed Jul 14, 2010 5:59am BST SYDNEY (Reuters) – Arrow Energy (AOE.AX) shareholders approved a $3.05 billion takeover by Royal Dutch Shell (RDSa.L) and PetroChina’s (0857.HK) on Wednesday, clearing the way for a final legal go-ahead due later this week. Shareholders voted to demerge Arrow’s international assets into Dart Energy, a newly [...]
THE WALL STREET JOURNAL MAY 4, 2010 SYDNEY (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) said Wednesday there has been no change to it and PetroChina Corp.’s (PTR) A$3.44 billion takeover offer for Arrow Energy Ltd. (AOE.AU). “There’s been no change to the proposed offer following FIRB (Foreign Investment Review Board) approval,” a Shell spokesman said. [...]
By Ben Sharples April 6 (Bloomberg) — Royal Dutch Shell Plc said the companys joint A$3.5 billion ($3.2 billion) bid with PetroChina Co. to acquire Arrow Energy Ltd. is yet to be approved by the Australian government, denying a press report. We continue to work through the government approval process, Phil Connole, Melbourne-based spokesman for [...]
April 1 (Bloomberg) — Royal Dutch Shell Plc and PetroChina Co. have lodged an application with Australias Foreign Investment Review Board, seeking approval for their joint A$3.5 billion ($3.2 billion) acquisition of Arrow Energy Ltd.
Besides ExxonMobil’s big bet, Royal Dutch Shell and China’s biggest oil company are spending billions of dollars buying shale and coal seam companies in Australia with a view toward converting it into LNG and shipping to China.
9NEWS Thursday March 25, 2010 By Rebecca Le May and Xavier La Canna Woodside Petroleum Ltd has quashed talk of a $15 billion takeover bid for Santos Ltd as analysts suggest the smaller company is more likely to appeal to other predators. Royal Dutch Shell or ExxonMobil were more obvious candidates for a takeover of [...]
Bloomberg News March 24, 2010, 12:53PM Royal Dutch Shell Plc, Europe’s second-largest oil producer, said it expects to double spending on acquisitions to about $2 billion this year. Shell will dispose of about $1 billion in assets this year, The Hague-based company said in slides prepared for the Howard Weil Energy Conference in New Orleans. [...]