Apache Completes Sale of Kitimat LNG
PR Newswire - Fri Apr 10, 7:00AM CDT
Apache Corporation (NYSE, Nasdaq: APA) today announced that it has completed the previously disclosed sale of its 50 percent interest in the Kitimat LNG project and related upstream acreage in the Horn River and Liard natural gas basins in British Columbia, Canada, to Woodside Petroleum Limited (ASX: WPL). Total proceeds of $854 million include $354 million in adjustments for reimbursement of net expenditures on the project, changes in working capital and other contractual adjustments for the period between the effective date, July 1, 2014, and closing.
APA: 67.84 (+1.37)
Apache Sells Australian Energy Assets to Macquarie, Brookfield for $2.1 Billion
at The Street - Thu Apr 09, 9:42AM CDT
Apache will leave the Australian energy sector after selling Australian energy assets to Macquarie Capital and Brookfield Asset Management for $2.1 billion.
BAM: 57.48 (-0.04), AA: 13.15 (-0.06), RDS.A: 59.73 (+0.33), BHP: 45.82 (-0.02), APA: 67.84 (+1.37), CVX: 106.91 (-0.04)
APACHE AGREES TO SELL AUSTRALIAN OPERATIONS FOR $2.1 BILLION
PR Newswire - Wed Apr 08, 3:36PM CDT
Apache Corporation (NYSE, Nasdaq: APA) today announced an agreement to sell its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Capital Group Limited and Brookfield Asset Management Inc. (NYSE: BAM) (TSX: BAM.A) (Euronext: BAMA) for cash payment of $2.1 billion. The transaction is expected to close mid-year 2015 and is subject to necessary government and regulatory approvals and customary post-closing adjustments. The effective date of the sale is October 1, 2014.
BAM: 57.48 (-0.04), BAM-A.TO: 72.33 (-0.14), APA: 67.84 (+1.37)
APACHE COMPLETES SALE OF WHEATSTONE LNG, PROVIDES UPDATED CLOSING DATE FOR PREVIOUSLY ANNOUNCED KITIMAT LNG SALE
PR Newswire - Thu Apr 02, 7:00AM CDT
Apache Corporation (NYSE, Nasdaq: APA) today announced that it has completed the previously disclosed sale of the Wheatstone LNG project and accompanying upstream oil and gas reserves to Woodside Petroleum Limited (ASX: WPL) for total proceeds of $2.817 billion. Proceeds include adjustments of $567 million for reimbursement of Apache's net expenditures in the Wheatstone LNG project, changes in working capital and net receipts from the Balnaves oil project between the effective date, July 1, 2014, and closing. Under the terms of the agreement, Apache has sold equity ownership in its Australian subsidiary, Apache Julimar Pty Ltd, which owns a 13-percent interest in the Wheatstone LNG project and a 65-percent interest in the WA-49-L block and includes the Julimar/Brunello offshore gas fields and the Balnaves oil development.
APA: 67.84 (+1.37)
Citi Appointed Depositary Bank for Woodside's Sponsored ADR Program
Business Wire - Thu Feb 12, 9:47AM CST
Citi, acting through Citibank N.A., has been appointed by Woodside as depositary bank for its sponsored Level 1 American Depositary Receipt (ADR) program.
C: 52.43 (+0.30)
Only two Canada west coast LNG projects to proceed, analyst says
Seeking Alpha - at Seeking Alpha - Wed Jan 21, 4:28PM CST
RDS.B: 60.40 (+0.21), RDS.A: 59.73 (+0.33), CVX: 106.91 (-0.04)
Repsol abandons Canary Islands energy exploration project
Seeking Alpha - at Seeking Alpha - Fri Jan 16, 9:40AM CST
Woodside targets India LNG market
Seeking Alpha - at Seeking Alpha - Mon Jan 12, 11:58AM CST
How Much Does It Cost To Produce One Barrel Of Oil? (Australian Companies)
Christoph Aublinger - at Seeking Alpha - Mon Jan 05, 12:55PM CST
BHP: 45.82 (-0.02)
Hess deal secures $6B Australian gas project
Seeking Alpha - at Seeking Alpha - Mon Dec 22, 5:52PM CST
HES: 73.12 (+0.74)
U.S. Oil Tells A Tale Of Futures Past
Jennifer Warren - at Seeking Alpha - Tue Dec 16, 12:22PM CST
CXO: 120.91 (-1.29), USO: 18.41 (+0.38), PXD: 172.52 (-2.07), OIL: 11.03 (+0.24), BNO: 21.50 (+0.42), APA: 67.84 (+1.37), OXY: 78.45 (+0.62)
Apache selling stake in 2 LNG projects for $2.75B
AP - Mon Dec 15, 7:47AM CST
HOUSTON (AP) — Apache is selling its stake in two liquefied natural gas projects to Woodside Petroleum Ltd. for $2.75 billion.
APA: 67.84 (+1.37)
Apache to sell stakes in two LNG projects to Woodside Petroleum for $2.75B
Seeking Alpha - at Seeking Alpha - Mon Dec 15, 7:27AM CST
APA: 67.84 (+1.37)
Apache Corporation announces the sale of Wheatstone and Kitimat LNG projects to Woodside Petroleum Limited
PR Newswire - Mon Dec 15, 7:00AM CST
Apache Corporation (NYSE, Nasdaq: APA) today announced it has agreed to sell its interest in two LNG projects, Wheatstone LNG and Kitimat LNG, along with accompanying upstream oil and gas reserves, to Woodside Petroleum Limited (ASX: WPL) for a purchase price of $2.75 billion. Apache will also be reimbursed for its net expenditure in the Wheatstone and Kitimat LNG projects between June 30, 2014, and closing which is estimated to be approximately $1 billion.
APA: 67.84 (+1.37)
Global LNG Market 2014-2018 - Key Vendors are Chubu Electric, Enagas, Korea Gas, Sonatrach & Tokyo Electric
M2 - Fri Oct 31, 6:30AM CDT
Research and Markets (http://www.researchandmarkets.com/research/76q22f/global_lng_market) has announced the addition of the "Global LNG Market 2014-2018" report to their offering. The Global LNG market to grow at a CAGR of 5.6% over the period 2013-2018 Liquefied natural gas (LNG) is a type of hydrocarbon, mainly methane that has been converted into liquid form for ease of storage or transport. It is non-toxic, odorless, non-corrosive, and colorless. It becomes flammable after vaporization into a gaseous state and can also cause unconsciousness. LNG achieves a higher reduction in volume that makes it cost efficient to transport over long distances, where pipelines do not exist. One key trend emerging in this market is the increased number of autogas vehicles. Carbon emissions from LNG- based vehicles are very low, which has attracted investment from various investors across the globe. According to the report, one of the main drivers for this market is increased global energy demand. Rising demand for energy from various sectors has boosted the demand for different energy products such as LNG, thereby propelling the growth of the market during the forecast period. Further, the report states that one of the major challenges confronting the market is high construction costs, which result in the delay of LNG plant constructions, therefore delaying the supply. The Global LNG market can be divided into four segments based on end-users: - Industrial - Commercial & Residential - Power - Transportation Key Vendors - Chubu Electric - Enagas - Korea Gas - Sonatrach - Tokyo Electric Other Prominent Vendors - Osaka Gas Company - Petroliam Nasional Berhad - Qatar Petroleum - Royal Dutch Shell P - Woodside Petroleum Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by End-users - Geographical Segmentation - Key Leading Countries - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/76...lng_market
InterOil shares gain more than 4%
Seeking Alpha - at Seeking Alpha - Thu Oct 16, 2:05PM CDT
IOC: 48.60 (-0.19), APA: 67.84 (+1.37)
Liquefied Natural Gas Industry Analysis - Size, Share, Growth, Trends and Forecast 2013 - 2019
M2 - Wed Aug 27, 4:51AM CDT
Research and Markets (http://www.researchandmarkets.com/research/vv442q/liquefied_natural) has announced the addition of the "Liquefied Natural Gas Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering. Asia Pacific dominated the global LNG market in terms of volume due to high demand from Japan, South Korea and Taiwan. Emerging economies such as India and China import large quantities of LNG as domestic gas production is not enough to cater to the domestic needs of these countries. Europe is also expected to be a booming market for LNG as countries such as Spain, the U.K and France are importing high quantities of LNG. Rest of the World (RoW) is anticipated to witness a moderate growth rate as large number of gas reserves exist in the Middle East. End-user segment in the LNG market comprises industrial, electric power and other sector applications such as transportation and commercial. Industrial sector is expected to be the most dominating sector in terms of demand for LNG. Various industries such as chemicals, fertilizers and steel utilize high quantities of LNG as operational fuel. Industrial processes consume huge quantities of distillate fuels. Transition to LNG from conventional fuels can help industries save significant capital. Various equipment such as drilling equipment, industrial boilers and mining equipment utilize high quantities of LNG due to large number of benefits it offers such as low cost and no emissions. Demand for LNG is high in the electric power sector due to less cost and favorable heat rate. This makes LNG a preferred fuel. Various government policies make it mandatory to use LNG in the industrial sector in order to reduce greenhouse gas emissions. LNG-based electric power plants effectively and efficiently support high load during peak hours. LNG is the preferred fuel for small-scale captive power plants that are specially designed for in-house power generation and these small scale power plants can easily support load up to 100 MW. Industries located in remote areas can operate easily by installing captive power plants using LNG as fuel. Key Topics Covered: Chapter 1 Preface Chapter 2 Executive Summary Chapter 3 Liquefied Natural Gas Market - Industry Analysis Chapter 4 LNG Market - End-User Analysis Chapter 5 LNG Market: Regional Analysis Chapter 6 Company Profiles - Apache Corporation - BG Group plc - Cheniere Energy, Inc. - ConocoPhillips - Dominion Resources, Inc. - Kinder Morgan, Inc. - Qatar Petroleum - Sempra Energy - Veresen Inc. - Woodside Petroleum Ltd. For more information visit http://www.researchandmarkets.com/research/vv...ed_natural
KMI: 42.93 (+0.59), LNG: 78.86 (-0.17), COP: 66.53 (-0.47), APA: 67.84 (+1.37), SRE: 107.85 (-0.05)
Royal Dutch Shell to review option to buy remaining 13.6% holding in Woodside
M2 - Mon Aug 04, 3:00AM CDT
Energy company Royal Dutch Shell (NYSE:RDS-A) (NYSE:RDS-
Royal Dutch Shell plc Update on Woodside Shareholding
PR Newswire - Fri Aug 01, 2:29AM CDT
Royal Dutch Shell plc ("Shell"
RDS.B: 60.40 (+0.21), RDS.A: 59.73 (+0.33)
Don't Sell Cheniere Energy at Its All-Time High, Just Wait for It
at The Street - Tue Jul 01, 2:53PM CDT
Cheniere Energy has signed two new Corpus Christi related deals as shares hit all-time high levels. There are other catalysts at work that can push this stock even higher.
KMI: 42.93 (+0.59),