Articles tagged Australia

Australia's resources giant BHP Billiton will close its Southern California office in Oxnard, CA, at the end of July, consolidating West Coast liquefied natural gas (LNG) operations in its Houston office, a California spokesperson for the company told NGI Wednesday. A Houston-based spokesperson separately confirmed that the Cabrillo Port offshore LNG receiving terminal project is effectively dead, and the company continues to weigh its options in California.

While saying liquefied natural gas (LNG) still has a role to play in California's future energy portfolio, Gov. Arnold Schwarzenegger on Friday rejected Australia-based BHP Billiton's proposed offshore LNG receiving terminal project, Cabrillo Port, on the basis that it failed to meet environmental standards.

While saying liquefied natural gas (LNG) still has a role to play in California's future energy portfolio, Gov. Arnold Schwarzenegger on Friday rejected Australia-based BHP Billiton's proposed offshore LNG receiving terminal project, Cabrillo Port, on the basis that it failed to meet environmental standards.

Shares in New Orleans-based producer Energy Partners Ltd. (EPL) closed up a whopping 31.14% on the day, an increase of $5.73/share on news the company is the acquisition target of Australia's Woodside Petroleum Ltd. in an $883 million deal.

The U.S. offices of Australia-based Macquarie Bank have formed a joint marketing alliance to provide risk management services to Sierra Southwest Cooperative Services Inc.'s natural gas customers in Arizona, California and Nevada.

Melbourne, Australia-based BHP Billiton said last week that it is investing $100 million in two limited liability companies that will transport natural gas and oil from the group's recently sanctioned Mad Dog development and its Atlantis discovery, both in the ultra-deepwater Gulf of Mexico (GOM). The company said the pipelines are part of a new system being built in the southern Green Canyon area that also will transport oil and gas from the BP-operated Holstein development and potentially other fields.

Melbourne, Australia-based BHP Billiton said earlier in the week that it is investing $100 million in two limited liability companies that will transport natural gas and oil from the group's recently sanctioned Mad Dog development and its Atlantis discovery, both in the ultra-deepwater Gulf of Mexico (GOM). The company said the pipelines are part of a new system being built in the southern Green Canyon area that also will transport oil and gas from the BP-operated Holstein development and potentially other fields.