Jul 1st, 2016
by John Donovan.



By Lincoln Brown – Jul 01, 2016, 3:18 PM CDT
For the second time this year, Chevron has stopped production at its Gorgon liquefied natural gas operation in Australia. The plant had to be evacuated after a gas leak was detected.
Chevron will make the necessary repairs to the plant before restarting production next week. The plant is a joint venture with ExxonMobil, Shell, Osaka Gas, Tokyo Gas and Chubu Electric Power. The terminal, which is also owned in part by Exxon Mobil and Royal Dutch Shell, will still load cargo during the interim. read more
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Jun 6th, 2016
by John Donovan.

By Jay Yao: Jun 4, 2016
Australia’s Gorgon LNG is one of the largest liquefied natural gas projects in the world. When complete, the Gorgon is expected to produce 15.6 million metric tons of LNG a year and last for 40 years. For Australia, the Gorgon was supposed to add hundreds of billions of dollars to Australia’s GDP and employ thousands of people. For the companies that invested, Gorgon was supposed to be one of the cornerstones of their LNG portfolios and deliver long-lasting shareholder value. read more
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Jul 4th, 2015
by John Donovan.


Chevron agreed to share the cost with Exxon Mobil, Shell and three Japanese power companies, Osaka Gas, Tokyo Gas and Chubu Electric Power. “This is probably the last of the megaprojects for the oil companies for a while…”
By A. ODYSSEUS PATRICK: JULY 3, 2015
SYDNEY, Australia — Getting anything to Chevron’s gas-processing plant on Barrow Island is a bit of a trick.
Some supplies travel 15 hours from Perth to a supply base for shipping. En route, trucks cannot stop under trees, to avoid picking up bugs and bird droppings. When people and cargo finally make it to the island, an army of 300 enforces a quarantine: Every Velcro strap on clothing and bags is checked for seed pods, boots are scrubbed free of dirt and pants with cuffs never even make it ashore. read more
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Mar 14th, 2014
by John Donovan.
Extract from a BusinessDay article by Angela Macdonald-Smith published 15 March 2014
Royal Dutch Shell has cast doubt on the start-up schedule for Chevron’s $US54 billion ($59.6 billion) Gorgon liquefied natural gas project in Western Australia, signalling it expects production to begin in 2016, at least six months after Chevron’s official start-up date.
Shell – which has a 25 per cent stake in the huge venture, Australia’s largest single resources investment – classified Gorgon in a presentation released overnight as a project starting up in ”2016-2018”. Only this week, Chevron restated its timing of mid-2015. read more
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Feb 20th, 2013
by John Donovan.

PERTH | Wed Feb 20, 2013 5:01am EST
Feb 20 (Reuters) – There is no need to rush the expansion of the $52-billion Gorgon liquefied natural gas (LNG) complex, the chairman of Shell Australia said on Wednesday, adding that the company wanted to avoid distraction while it kept the project on track.
Shell holds a stake of 25 percent in the Gorgon development, located off the coast of northwest Australia and spearheaded by Chevron. Now 55 percent complete, it will be Australia’s largest, with an output of 15.6 million tonnes per annum (mtpa). read more
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Nov 20th, 2012
by John Donovan.

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 Dutch Shell
may delay a final decision on whether to push ahead with its Arrow liquefied natural gas plant in Australia as it considers feeding its gas into other LNG projects in the area due to rising costs. read more
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Jul 8th, 2011
by John Donovan.

July 8, 2011, 2:45 p.m. EDT
By London Bureau
LONDON (MarketWatch) — Anglo-Dutch oil giant Royal Dutch Shell PLC (RDSA.LN, RDSB.LN, RDSA, RDSB) plans to invest $30 billion in Australia over the next five years, Chief Executive Peter Voser said in an interview with Swiss newspaper Finanz und Wirtschaft to be published Saturday.
The country is a key part of Shell’s liquefied natural gas, or LNG, strategy. Shell aims to produce significantly higher volumes of LNG in coming years, including from the A$43 billion Gorgon project offshore Western Australia state, in which it has a 25% interest. read more
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May 1st, 2009
by John Donovan.
The venture partners, which include Exxon Mobil Corp. and Royal Dutch Shell Plc, are working toward a final investment decision by the end of the year, Colin Beckett, Chevrons manager for the Greater Gorgon area, reiterated yesterday.
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May 1st, 2009
by John Donovan.
"Gorgon has the potential to supply natural gas for the next 40 years," Mr Beckett said. Chevron's partners in the Gorgon venture are ExxonMobil and Royal Dutch Shell, with each owning 25 per cent stakes.
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Apr 30th, 2009
by John Donovan.
Apr 6th, 2009
by John Donovan.
Chevron's huge Gorgon liquefied natural gas project off the coast of western Australia is set to be given the go-ahead in the coming months, establishing the project as one of the world's biggest energy ventures. Chevron will operate Gorgon and has a 50 per cent stake in the venture, with 25 per cent held by ExxonMobil and Royal Dutch Shell.
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Nov 3rd, 2008
by John Donovan.
Royal Dutch Shell has dropped its proposed investment in plans to build the world's biggest offshore wind farm, the London Array, to concentrate on less risky US onshore wind power.
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Oct 20th, 2008
by John Donovan.
The Australian government proposes to start a carbon trading system on July 1, 2010, to tackle emissions blamed for global warming. Woodside Petroleum Ltd. and Royal Dutch Shell Plc are among other LNG producers in Australia who say a proposed draft of the plan, which excludes LNG companies from free emissions allowances, would threaten new projects.
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Oct 17th, 2008
by John Donovan.
Chevron's proposed Gorgon LNG project has already been delayed several years. It was first put on hold in 1998 when the Asian economic crisis hit. More recently, the venture, which includes Royal Dutch Shell Plc and Exxon Mobil Corp., scrapped a timeline for approving and building the plant as they seek to tackle a surge in construction costs.
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Sep 5th, 2008
by John Donovan.
He said that the Greater Gorgon project, in which Chevron is partnered with Royal Dutch Shell and Exxon Mobil, will generate over $A33 billion worth of goods and services to Australian suppliers, while it will generate tax revenue of about $A39.8 billion (at 2008 prices).
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Aug 12th, 2008
by John Donovan.
CHEVRON, ExxonMobil and Royal Dutch Shell have agreed to pump more than $1 billion into the Gorgon liquefied natural gas project over the next 12 months in hopes of making a final investment decision on the long-delayed development.
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