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News Source: National Business Review
| 4 months ago
Subscribe to the digital edition Read the latest print issue online now. An $A9.6 billion deal between Origin Energy and ConocoPhillips to build an LNG export plant in Queensland should double Origin’s share value, blocking a takeover by the...
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News Source: The Mercury
| 4 months ago
AS the world desperately searches for new energy sources to replace oil, Queensland has suddenly found itself the subject of a global tug of war over its massive reserves of coal seam gas. Bob Bryan and Stephen Bizzell are a generation apart but...
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News Source: The Mercury
| 4 months ago
Westpac Banking Corporation after reaffirming its commitment to merging with its Sydney-based rival. St George (sgb.ASX: Quote , News ) has agreed to amendments to the merger deal that will require it to pay a fee of $100 million to Westpac (wbc.ASX:...
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News Source: Times Online
| 4 months ago
BG Group was considering last night whether to walk away from its $11 billion (£6.2 billion) hostile bid for Origin Energy after its target bolstered its defences against a takeover. BG's plans were dealt a severe blow when Origin, an Australian...
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News Source: The Mercury
| 4 months ago
Energy has signed a company-transforming coal seam gas deal with US energy giant ConocoPhillips, which will put $6 billion into its coffers by the end of October and blow BG Group's current $13.8 billion bid for Origin out of the water. The deal,...
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News Source: Guardian Unlimited
| 4 months ago
Conoco will put $8bn into the venture, removing the financial burden of developing the CGS project from Origin and allowing the Australian group to double this year's dividend and fund a A$1.28bn (£590m) share-buyback programme. News of the joint...
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News Source: The Australian
| 4 months ago
The emergence of ConocoPhillips, which had experience in both Australian LNG and converting low-energy gas similar to CSG to LNG, set the stage for co-operation between international players Petronas and BG, which were partnering Santos and QGC...
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News Source: The Australian
| 4 months ago
Energy has struck a $9.6 billion deal with US energy giant ConocoPhillips to build the biggest LNG export plant yet slated for Queensland, laying to rest any doubt that it was right to spurn Britain's BG Group. Analysts said the long-awaited coal...
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News Source: The Courier-Mail
| 4 months ago
US deal catapults energy firm into the big time September 09, 2008 12:00am WOW. Grant King and his advisers at Macquarie have blown the BG takeover bid for Origin right out of the water, in a way I've certainly never seen before...Attractive enough,...
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News Source: Sydney Morning Herald
| 4 months ago
BG Group's hostile takeover bid by proposing a joint venture with the US oil giant ConocoPhillips, which values the company far above the British suitor's offer. The takeover target yesterday announced a deal worth up to $9.6 billion to develop its...