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Oct 29, 2011

Qantas strands passengers, leaders

PERTH, Australia, Oct 29 (Reuters) – Australian airline
Qantas left tens of thousands of passengers and nearly
20 world leaders in a lurch on Saturday after it grounded its
entire fleet due to an bitter dispute with airline unions.

Travellers in Australia and at regional hubs such as
Singapore and Hong Kong were fuming as their travel plans were
derailed and they were left without luggage and scrambling to
book other flights.

Oct 28, 2011

Commonwealth summit starts, dogged by questions over its relevance

PERTH, Australia (Reuters) – Leaders of the Commonwealth group of mostly former British colonies met on Friday for a three-day summit under pressure to get tougher on human rights abuses by members or risk losing its purpose as a group.

Britain’s 85-year-old Queen Elizabeth opened the meeting of leaders of the 54 states of the Commonwealth, home to 30 percent of the world’s population and five of the G20 leading economies but struggling to make an impact on global policies.

Oct 28, 2011

Commonwealth summit dogged by questions over its relevance

PERTH, Australia (Reuters) – Leaders of the Commonwealth group of mostly former British colonies met on Friday for a three-day summit under pressure to get tougher on human rights abuses by members or risk losing its purpose as a group.

The 85-year-old Queen Elizabeth opened the meeting of leaders of the 54 states of the Commonwealth, home to 30 percent of the world’s population and five of the G20 leading economies but struggling to make an impact on global policies.

Oct 26, 2011

Woodside CEO: Shell in no rush to sell its Woodside

PERTH (Reuters) – Royal Dutch Shell (RDSa.L: Quote, Profile, Research, Stock Buzz), the biggest shareholder in Woodside Energy (WPL.AX: Quote, Profile, Research, Stock Buzz), has given no indication that it is in any hurry to sell its 24 percent stake in Woodside, the Australian company’s chief said on Wednesday.

“They gave us no indication that they were in a hurry to do anything at this point,” Peter Coleman told reporters on the sidelines of the Commonwealth Business Forum.

Oct 26, 2011

Shell in no rush to sell its Woodside – Woodside CEO Coleman

PERTH (Reuters) – Royal Dutch Shell (RDSa.L: Quote, Profile, Research), the biggest shareholder in Woodside Energy (WPL.AX: Quote, Profile, Research), has given no indication that it is in any hurry to sell its 24 percent stake in Woodside, the Australian company’s chief said on Wednesday.

“They gave us no indication that they were in a hurry to do anything at this point,” Peter Coleman told reporters on the sidelines of the Commonwealth Business Forum.

Oct 26, 2011

Woodside CEO: Shell in no rush to sell its Woodside stake

PERTH, Oct 26 (Reuters) – Royal Dutch Shell , the
biggest shareholder in Woodside Energy , has given no
indication that it is in any hurry to sell its 24 percent stake
in Woodside, the Australian company’s chief said on Wednesday.

“They gave us no indication that they were in a hurry to do
anything at this point,” Peter Coleman told reporters on the
sidelines of the Commonwealth Business Forum.

Oct 21, 2011

Australia’s Woodside targets more talks on troubled Sunrise LNG project

PERTH, Oct 21 (Reuters) – Australian oil and gas firm
Woodside Petroleum aims to hold further talks with the
East Timor government on its stalled Sunrise LNG project, the
company said, but analysts played down the chances of an easy
breakthrough to resolve the lengthy dispute.

East Timorese officials have told media in recent weeks that
Woodside had agreed to revisit the idea of onshore processing
from the Greater Sunrise gas field in the Timor Sea, which the
East Timor government wants in order to create jobs, instead of
a floating liquefied natural gas facility.

Sep 28, 2011

Asia Coal-Australia thermal coal prices dip on Japan contract settlement

PERTH, Sept 28 (Reuters) – Australia’s thermal coal price
index fell in the past week, dragged down in part by top
exporter Xstrata’s recent settlement with Japanese
utilities for an annual supply agreement beginning in October.

Thermal coal on the global COAL Newcastle index for the week
to date closed at $122.20 per tonne on Tuesday, down from
$123.66 per tonne a week earlier.

Sep 26, 2011

Chevron approves A$29 bln Australia LNG project, bets on Asian demand

PERTH, Sept 26 (Reuters) – Chevron Corporation on
Monday gave the go ahead for its A$29 billion ($28.4 billion)
Wheatstone liquefied natural gas project in Western Australia,
seeking to tap into growing Asian demand with its second LNG
export project in the country.

The project is due to initially produce 8.9 million tonnes
per annum (mtpa) of LNG and have a domestic gas plant,
eventually expanding to 25 mtpa. First gas is planned for 2016.

Sep 22, 2011

Chevron set for final approval of Australia’s Wheatstone LNG

PERTH, Sep 22 (Reuters) – Chevron Corp is expected
to make a final investment decision on its $25 billion
Wheatstone liquefied natural gas project in Western Australia on
Monday, a source close to the decision said on Thursday.

Australia’s government cleared the path for the company’s
approval when it gave environmental clearance to the 8.9 million
tonne per annum Wheatstone project on Thursday. Local media had
also reported that a formal announcement was expected by Monday.

    • About Rebekah

      "Based in Perth, Australia, I cover coal and gas in Asia. Before moving to Perth, I covered oil and fuels like gasoline and diesel in New York City, including the climb of oil prices to a record high near $150 per barrel."
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