Australia’s left-wing government has rowed back from starting to ban hydrocarbons and putting the nation on a path to economic and energy suicide by on July 23 deciding to issue exploration and production licences for natural gas for the East, Southeast and West coast markets.
Evol LNG, the provider of liquified natural gas as a fuel for remote power stations and marine bunkering and a subsidiary of the Australian Wesfarmers Chemicals, Energy & Fertilisers group, has signed up a Western Australian gold mine to use LNG for power instead of diesel.
Chevron Corp. has pulled out of the bidding battle for Anadarko Petroleum and its Mozambique liquefied natural gas stake and US assets, leaving the way clear for Occidental Petroleum to acquire Anadarko and for French major Total to own the African and LNG assets.