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Posts Tagged ‘Arrow Energy’

Shell says Arrow Gladstone LNG plant still on

Reuters 10:02 p.m. CDT, May 13, 2012 ADELAIDE (Reuters) – Royal Dutch Shell still plans to build a liquefied natural gas (LNG) plant at the Australian port of Gladstone as part of its Arrow LNG development despite reports of rising costs, Shell Australia chairwoman Ann Pickard said on Monday. Earlier this month, a source close [...]

Shell’s Arrow Energy Cleared by Australia, China to Purchase Bow

December 16, 2011, 2:21 AM EST By James Paton Dec. 16 (Bloomberg) — Arrow Energy Ltd., the natural gas producer owned by Royal Dutch Shell Plc and PetroChina Co., won approval from Australia’s Foreign Investment Review Board to buy Bow Energy Ltd. for A$535 million ($534 million). The transaction was also cleared by Chinese authorities, [...]

Arrow Wins Bow Energy After Boosting Offer to A$535 Million

By James Paton Sept. 26 (Bloomberg) — Arrow Energy Ltd., owned by Royal Dutch Shell Plc and PetroChina Co., agreed to buy Bow Energy Ltd. after sweetening its offer to A$535 million ($516 million), gaining resources for a natural gas project in Australia. The coal-seam gas explorer and producer in Queensland state increased its cash [...]

Shell, PetroChina Unit Arrow Bids $540 Million for Australia’s Bow Energy

By James Paton – Aug 22, 2011 8:09 AM GMT+0100 Arrow Energy Ltd., owned by Royal Dutch Shell Plc (RDSA) and PetroChina Co., offered about A$520 million ($540 million) for Bow Energy Ltd. (BOW), seeking more resources to underpin a proposed liquefied natural gas project in Australia. Arrow, a coal-seam gas explorer and producer in [...]

Toxins confirmed in Australia coal-seam gas wells

Wed Nov 17, 2010 9:59pm GMT SYDNEY Nov 18 (Reuters) – An Australian coal-seam gas company owned by Royal Dutch Shell and PetroChina Co Ltd has confirmed the presence of toxins in three wells in an Australian project. Arrow Energy said in a statement released to the Australian stock exchange on Thursday that trace amounts [...]

Shell-PetroChina Takeover of Arrow Means $308 Million Profit for New Hope

The takeover of gas producer Arrow Energy Ltd. by Royal Dutch Shell Plc and PetroChina Co. will generate a A$326 million ($308 million) profit for shareholder New Hope Corp., giving the coal miner more cash for acquisitions.

Shell Moves Sakhalin LNG Manager to Australia to Lead $20 Billion Project

By James Paton – Aug 26, 2010 4:48 AM GMT+0100 Royal Dutch Shell Plc has brought the former manager of Sakhalin-2, Russia’s first liquefied natural gas project, to Australia to oversee development of a proposed venture that may cost more than $20 billion. Shell, OAO Gazprom’s partner in the $22 billion Russian project, assigned Hilary [...]

‘The Well From Hell’

THE NEW YORK TIMES Published: July 24, 2010 Derick E. Hingle/Bloomberg News LOCKED DOWN TIGHT The News BP and the government decided to leave the cap closed on the company’s stricken oil well on the Gulf of Mexico’s floor, preventing any oil or gas from escaping the well. Behind the News Initially, the cap’s valves [...]

Arrow approves takeover by Shell-PetroChina

REUTERS SYDNEY | Wed Jul 14, 2010 5:59am BST SYDNEY (Reuters) – Arrow Energy (AOE.AX) shareholders approved a $3.05 billion takeover by Royal Dutch Shell (RDSa.L) and PetroChina’s (0857.HK) on Wednesday, clearing the way for a final legal go-ahead due later this week. Shareholders voted to demerge Arrow’s international assets into Dart Energy, a newly [...]

Shell: No Change To Proposed A$3.44B Offer For Arrow Energy

THE WALL STREET JOURNAL MAY 4, 2010 SYDNEY (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) said Wednesday there has been no change to it and PetroChina Corp.’s (PTR) A$3.44 billion takeover offer for Arrow Energy Ltd. (AOE.AU). “There’s been no change to the proposed offer following FIRB (Foreign Investment Review Board) approval,” a Shell spokesman said. [...]

Shell, PetroChina Bid for Arrow Energy Wins Approval

April 30 (Bloomberg) — Royal Dutch Shell Plc and PetroChina Co. received approval from Australia’s Foreign Investment Review Board to acquire gas producer Arrow Energy Ltd. in a A$3.5 billion ($3.3 billion) transaction.

ACCC Clears Shell, PetroChina Offer for Arrow Energy

By James Paton April 14 (Bloomberg) — The Australian Competition and Consumer Commission cleared Royal Dutch Shell Plc and PetroChina Co.’s A$3.5 billion ($3.3 billion) bid to acquire Arrow Energy Ltd. after a monthlong review of the proposed transaction. “Taking into account the significant competing gas suppliers and abundant gas reserves that would remain post- [...]

Shell, PetroChina Still Await Approval for Arrow Deal

By Ben Sharples April 6 (Bloomberg) — Royal Dutch Shell Plc said the company’s joint A$3.5 billion ($3.2 billion) bid with PetroChina Co. to acquire Arrow Energy Ltd. is yet to be approved by the Australian government, denying a press report. “We continue to work through the government approval process,” Phil Connole, Melbourne-based spokesman for [...]

Shell and China’s CNPC sign 30-year gas discovery deal

BBC NEWS Royal Dutch Shell has strengthened its ties in China with a 30-year deal to explore for natural gas in the country. The Anglo-Dutch energy giant will partner China National Petroleum Corporation (CNPC) in the project. The deal follow’s this week’s joint bid with PetroChina, owned by CNPC, for Australia’s Arrow Energy gas company. [...]

Arrow to soon respond on Shell, PetroChina offer: source

REUTERS (Reuters) – Australia Arrow Energy Ltd (AOE.AX) has opened its books to Royal Dutch Shell (RDSa.L) and PetroChina (0857.HK) for them to conduct due diligence for their joint takeover offer worth at least A$3.3 billion ($3.03 billion) sources said on Wednesday. One of the sources said Arrow is expected to make a response on [...]