Mar 18th, 2016
by John Donovan.

- Matt Chambers
- The Australian
- March 18, 2016 12:00AM
Oil giants Shell and PetroChina have been forced into a further $1.4 billion writedown on their Arrow Energy coal-seam gas joint venture in Queensland after drilling in the Bowen Basin failed to deliver expected results and has delayed the project.
The writedowns, revealed in annual accounts filed with the Australian Securities & Investments Commission, came with an indefinite delay to the Bowen Basin project and 150 job losses at the joint venture company, which was formed in 2010 to acquire the then ASX-listed Arrow for $3.5bn. read more
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Dec 10th, 2013
by John Donovan.

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 on Curtis Island to convert coal seam gas to liquefied natural gas.
The final approval allows Shell, through Arrow to connect that factory to the mainland via an 9.45km underwater pipeline. read more
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Nov 2nd, 2011
by John Donovan.

NOVEMBER 2, 2011, 4:52 A.M. ET
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 Review Board said it needed more time to decide whether to approve the 535 million Australian dollar (US$557 million) deal, which would enable Shell and PetroChina’s Arrow Energy venture to expand its proposed gas-export facility in Queensland state. read more
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Sep 26th, 2011
by John Donovan.

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 offer to A$1.52 a share from A$1.48, Brisbane-based Bow said in a statement today. Thats 72 percent more than the stocks price of 88.5 cents in Sydney trading before Arrow made its initial offer on Aug. 22. read more
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Jul 25th, 2011
by John Donovan.

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 gas Shell is resorting to unconventional production methods. In December 2010, Shell-CEO Peter Voser stated: In recent years, Shell has increased investment in natural gas projects in countries like Qatar, Australia, Russia, the United States and Canada, with a special focus on tight gas, shale gas and coal-bed methane together these are known as unconventional gas. Were currently exploring the potential for unconventional gas outside North America in countries like China and South Africa, as well as some European countries. The Shell-CEO proceeds: I know by 2012 Shell will be producing more gas than oil, and, I know, when it comes to natural gas supplies, a revolution is under way. (…) Shell is set for strong growth in tight gas. read more
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Nov 18th, 2010
by John Donovan.
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 of so-called BTEX group chemicals, which include benzene, had been found in the wells in Bowen Basin coal fields of northern Queensland state.
Arrow Energy is leading the development of a project that aims to turn coal-seam gas into liquefied natural gas for export, at an estimated cost of $10 billion for the first phase. read more
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Sep 24th, 2010
by John Donovan.

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 Shell, said by telephone from Moscow today. At the moment it is too early to say anything specifically.
Russia, holder of the largest natural-gas reserves, may have as much as 87 trillion cubic meters of coal-bed methane, OAO Gazprom Chief Executive Officer Alexei Miller said in February. Russian President Dmitry Medvedev at the time said this was the equivalent of two OAO Gazproms. read more
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Sep 21st, 2010
by John Donovan.
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.
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Sep 14th, 2010
by John Donovan.
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 energy giant Royal Dutch Shell, Peter Voser was confronted by environmentalists to “get the Shell out” of Sacred Headwaters.
A brochure, mocked up as a Shell publication, was handed out to Voser and 1000 Congress attendees, ridiculing Shell’s activities to drill coalbed methane in the Sacred Headwaters. read more
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Aug 19th, 2010
by John Donovan.
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 (LNG) and China’s energy market.
Ms Bligh said the deal would see the company owned by Shell and Petrochina, CS CSG (Australia) Pty Ltd, accelerate delivery of the proposed Curtis Island LNG facility, which could process up to 16 million tonnes of LNG per year. read more
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Jul 14th, 2010
by John Donovan.
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 listed entity, and to sell the bulk of the company, including the coveted coal-seam gas assets to a consortium of Shell and PetroChina in an agreed deal. read more
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May 5th, 2010
by John Donovan.
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.
“Shell continues to look at the impact of the government proposal across all of our Australian investments,” the spokesman said, referring to the resource super profits tax announced this week by the Australian government. read more
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Apr 6th, 2010
by John Donovan.

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 Shell, said by telephone today. The Australian Financial Review reported earlier that backing from the nations Foreign Investment Review Board for the transaction had been secured. read more
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Apr 1st, 2010
by John Donovan.
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.
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Mar 27th, 2010
by John Donovan.
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.
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Mar 25th, 2010
by John Donovan.

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 the Adelaide-based company, analysts said on Thursday as Woodside and Santos both denied media reports of a planned takeover.
Woodside chief executive Don Voelte told a conference in Perth the company did not comment on market rumours “but I can also just tell you that there’s nothing to it”. read more
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