Curtis Island News
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BG Group Plc, the U.K.’s third- largest natural-gas producer, said earnings growth will outpace production as it expands trading in liquefied natural gas.
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Australian and New Zealand jobs growth surged, sending the currencies soaring and undermining central bank efforts to relieve pressure on manufacturers and exporters.
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Royal Dutch Shell Plc, Europe’s biggest oil company, said its Arrow Energy Ltd. venture in Australia is in cooperation talks with competitors building liquefied natural gas projects in Queensland state.
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APA Group, whose pipelines deliver more than half of Australia’s natural gas, expects to receive final bids shortly for a pipeline that may fetch about A$400 million ($420 million).
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BG Group Plc, the U.K.’s third- largest oil and natural gas producer, is working with Goldman Sachs Group Inc. as it considers selling pipelines and other equipment at its Australian liquefied natural gas project, said two people with knowledge of the matter.
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PetroChina Co., the nation’s biggest oil and gas producer, is looking to make more deals in Australia, adding to about $3.7 billion in acquisitions as part of a global drive to feed surging Chinese demand.
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The discovery along Africa’s east coast of the world’s biggest gas finds in a decade threatens to undo investment plans on the other side of the Indian Ocean.
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Royal Dutch Shell Plc, the world’s biggest liquefied natural gas supplier, may delay until 2014 a decision on its Arrow LNG venture that’s forecast to cost $20 billion amid rising expenses for energy projects in Australia.
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BG Group Plc, the U.K.’s third- largest oil and natural gas producer, is seeking investors for its Australian gas project, said three people with knowledge of the matter.
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Arrow Energy Ltd. shareholders approved a A$3.5 billion ($3.1 billion) takeover by Royal Dutch Shell Plc and PetroChina Co., giving the buyers reserves to feed an Australian liquefied natural gas venture.
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