Posts Tagged ‘The Australian’
Costs threaten $20bn LNG plant
Departing Shell chief Ann Pickard faces icy challenge
- Barry FitzGerald
- From: The Australian
- April 30, 2013 12:00AM
THE number of powerful business women on the local scene is to become even more sparse with the return of Shell’s boss for Australia, Ann Pickard, to her native America, where she will become executive vice-president of Shell’s environmentally controversial exploration and production interests in the Arctic.
In a move that is expected to be confirmed today, Ms Pickard will be replaced as Shell’s Australian chairman and its executive vice-president for exploration and production activities here by Australian Andrew Smith.
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 be rushed.
In contrast, Mr Voser indicated the revolutionary $12 billion Prelude floating LNG project, the first of its kind, was progressing unaffected by cost pressures because most of the upfront investment was incurred in Korea.