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LNG construction blowouts turns to bonanza for dispute lawyers
2015-07-05 19:26:24| Oil & Gas - Topix.net
Australia's liquefied natural gas sector is set to be swamped by a multibillion-dollar wave of disputes between producers and contractors over liability for cost blowouts and delays, as the slump in resources investment and commodity prices sharpens appetites to claw back funds. Chevron's overbudget $US54 billion Gorgon LNG venture, Santos' $US18.5 billion GLNG project, and Inpex Corporation's $US34 billion Ichthys project in Darwin are among those understood to be the subject of arguments over responsibility for contract variations that have had an impact on the entire supply chain.
Tags: construction
lawyers
turns
dispute
LNG construction blowouts turns to bonanza for dispute lawyers
2015-07-05 18:35:48| Energy - Topix.net
Australia's liquefied natural gas sector is set to be swamped by a multibillion-dollar wave of disputes between producers and contractors over liability for cost blowouts and delays, as the slump in resources investment and commodity prices sharpens appetites to claw back funds. Chevron's overbudget $US54 billion Gorgon LNG venture, Santos' $US18.5 billion GLNG project, and Inpex Corporation's $US34 billion Ichthys project in Darwin are among those understood to be the subject of arguments over responsibility for contract variations that have had an impact on the entire supply chain.
Tags: construction
lawyers
turns
dispute
Petrobrass oil bonanza: Blessing or curse?
2015-04-22 02:40:31| BBC News | Business | UK Edition
Petrobras and Brazil's oil bonanza
Tags: oil
curse
blessing
bonanza
Biofuel from trash create green jobs bonanza, says report
2015-02-17 11:27:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Creating biofuels from waste produced by industry, farms, and households could generate 36,000 jobs in the UK and save around 37m tonnes of oil use annually by 2030, according to a new report. Across Europe, hundreds of thousands of new jobs could be created by using these advanced biofuels, which could replace 16% of the continents road transport fuel by the same year, the International Council on Clean Transportation (ICCT) study said. But the gains will not come without ambitious policy to...
Tags: report
create
jobs
green
Cheap Oil Bonanza Eludes Overextended Chinese Refiners: Energy
2014-12-24 22:45:14| Oil & Gas - Topix.net
"There was a fuel shortage," said Huang, who works as a supply manager at one of 40 "teapot" or small, privately held plants that dot Shandong province. "We ran our units at more than 80 percent at that time and still couldn't meet demand.
Tags: energy
chinese
cheap
oil
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