Gorgon is the biggest emitter of carbon emissions out of Australia's 10 LNG plants, with gas from the Gorgon field containing 14% CO2.
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Listen on Spotify: JAMES WHITESIDE "Blue Parrot" by Gorgon City.
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She also appeared in this year's "House of the Gorgon."
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"Production from Gorgon LNG Train 1 has resumed," a spokesman said.
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Down on Earth, meanwhile, Gorgon (Eme Ikwuakor) demonstrates raw physical strength.
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The nearby Gorgon LNG facility has shipped 10 LNG tankers since Jan.
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The Gorgon project had continued to produce and load cargoes, he said.
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"Construction activities are continuing on Gorgon Train 2 and 3," Haynes said.
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Gorgon City Yeah yeah we're all into Dungeons and Dragons now, cool guys.
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On supply, Exxon Mobil offered one October cargo from Australia's Gorgon liquefaction unit.
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Chevron has an LNG plant in Australia to develop the Gorgon gas field.
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The Gorgon-like Lady Bracknell is assigned to a bass, here Alan Ewing.
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Various sources say stakeholders in Gorgon reported production at 70 percent of capacity.
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IN FACT, IF YOU LOOK AT THE COST OF THE GORGON PROJECT, WHILE THE HEADLINE COST IS $54 BILLION, PER BARREL, INCLUDING DEPRECIATION AND OPERATING EXPENSES, WE THINK GORGON WILL BE PROFITABLE AT ABOUT $40 BRENT THAT WE'RE SEEING TODAY.
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The Gorgon carbon dioxide injection system is the world's largest capture and storage project.
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Chevron most recently suspended production at its Gorgon Train Two production line on March 27.
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The 19 larger sculptures included a lion's head, a Gorgon relief and a funerary panel.
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Processing operations began in March 2016, when Gorgon started producing gas from the Jansz field.
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EVANS: IN AUSTRALIA YOU HAVE A BIG NATURAL GAS PROJECT, GORGON, AS YOU JUST SAID.
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Could Monty-Python-meets- Spaceballs street theatre defeat the all-seeing gorgon of the NSA?
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Uncertainty continues to cloud the restart of production at Chevron's Gorgon LNG project, in Australia.
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He said the next phase of Gorgon would start processing LNG early in the second quarter.
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Early vases and carvings depict her as having been born a Gorgon, but that slowly changed.
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Output from two Australian projects, Wheatstone and Gorgon, improved markedly after conclusion of maintenance-related outages.
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Gorgon is unlikely to start paying petroleum resource rent tax until the mid-2030s, he said.
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" In his book, Eyes in the Sky: The Secret Rise of Gorgon Stare and How it Will Watch Us All, Holland notes that Gorgon Stare provides a "God's-eye view" of kilometers-wide areas and that the technology opens up a "whole other dimension of surveillance.
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Gorgon LNG is owned by Chevron, Exxon, Royal Dutch Shell, Japan's Osaka Gas, Tokyo Gas and JERA,.
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And it is the tongue, I think, for both Cyrus and the Gorgon, that embodies this quality.
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Chevron Corp's Gorgon and Wheatstone liquefied natural gas (LNG) projects were running as usual, a spokeswoman said.
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While not an actual toothed vagina, the Greek figure of the Gorgon is representative of the concept.
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The Gorgon project continues to load LNG cargoes as production at Train One continues, the Chevron statement said.
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"Gorgon LNG Train 1 operation resumed earlier this week," a spokesman for Chevron wrote in an emailed statement.
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The Chevron-operated Gorgon LNG plant has suffered several shutdowns since it first began producing gas in October.
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The $54 billion Gorgon project shut down in April following technical problems, shortly after starting up first production.
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IN GREEK mythology, a gorgon was a creature so hideous that anyone who looked at one turned to stone.
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Gorgon LNG is owned by Chevron, ExxonMobil Corp, Royal Dutch Shell, and Japan's Osaka Gas, Tokyo Gas and JERA.
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Imagine a pissed-off Gorgon with each of the snakes on her head going wild, and you're getting there.
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Chevron Corp had numerous problems with its $54 billion Gorgon project in Western Australia when it started in 2016.
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The cargo, discharged at CNOOC's Yuedong terminal in Shenzhen, was sourced from the Australian Gorgon project operated by Chevron.
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"Gorgon Stare" is the name of a surveillance drone flown by the Pentagon over battlefields like Afghanistan and Iraq.
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ExxonMobil, which controls about a quarter of the 15.6 million tonnes a year Gorgon project, had no immediate comment.
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And when their mother, Barbara (Adin Lenahan), turns up, she is portrayed as a gorgon — a cheap camp cliché.
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Cursed like gorgon Medusa, Brock can never make eye contact with someone, or else he will turn them into stone.
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In contemporary Australia, Gorgon is an enormous liquefied natural gas (LNG) project which was supposed to pay huge economic dividends.
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The company is behind the massive Gorgon and Wheatstone projects in Australia and has a stake in the Angola LNG.
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The massive Gorgon project has been plagued by a string of operational issues since it started up in March 2016.
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In mythology, the octopus inspired both the Gorgon and the Kraken, monsters famous for killing those who cross their path.
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"The AMWU has concerns about safety at Gorgon," Steve McCartney, West Australian secretary of the AMWU, told Reuters via email.
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Chevron's Gorgon export facility, which was launched last year in Western Australia, has had several outages due to technical trouble.
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But if she guarded Brooke's virtue with a gorgon-like ferocity, it was partly in the interest of a payoff.
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In Greek lore, a "gorgon" is a monster so hideous that it is dangerous, even deadly, to look upon it.
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View the Hôtel Amelot de Bisseuil (47, rue Vieille du Temple) through its famous Gorgon-head doors — redone in red.
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The environment minister who gave Gorgon the green light in 2007 was none other than Malcolm Turnbull, now the prime minister.
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Gorgon will have the capacity to produce 15.6 million tonnes of LNG per year once all three production trains are operating.
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In interviews with Reuters, site workers and industry sources familiar with operations at Gorgon said mistakes led to the first shutdown.
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Industry sources and analysts continue to project start-up delays at subsequent phases of Gorgon due partly to the latest hiatus.
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Munro recently filmed several movies including "House of the Gorgon" and is set to appear in 2020's "The Fourth Horseman."
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The LNG market will be focused on how smoothly Wheatstone progresses following the troubled start-up at Chevron's bigger Gorgon LNG project.
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Chevron's Gorgon facility in Australia also shut down its third production unit this week for a planned maintenance lasting up to Dec.
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Last week Exxon Mobil, which is a partner in Gorgon, issued a tender to sell a cargo from the project, sources said.
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Gorgon City will tweet him a "nice one mate buzzing for you #welldeserved" message, weeping onto their keyboard as they do so.
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SINGAPORE (Reuters) - Chevron Corp could this month start selling condensate produced at the Australian Gorgon gas field, trade sources said on Thursday.
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It started operations at the Gorgon field in March, but was forced to shut briefly in July due to unexpected technical problems.
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Access to and use of the "Gorgon Stare" drone, for example, would allow the police to record entire cities of visual information.
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The company's three other discoveries during 2017 are the nearby Boranda-1 and deep water discoveries Purple Angel-1 and Gorgon-1.
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At Gorgon, which has cost $55 billion to develop and which started operations last year, there are problems in bringing expanded production online.
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Over the past few months, the Republican race has morphed from a seventeen-headed gorgon into a more manageable monster with four faces.
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Chevron Corp's Gorgon LNG export plant in Australia brought its train 3 back online after an unplanned outage, sources said earlier this week.
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Even the House of Versace found inspiration in the Gorgon, placing the beautiful (pre-curse) version at the heart of its iconic logo.
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For example, Chevron's large Gorgon natural gas project in Australia saw costs balloon to more than $50 billion from a projected $20153 billion.
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U.S. producer ExxonMobil has sold a late December cargo from Australia's Gorgon plant on a delivered ex-ship (DES) basis, a trader said.
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But as befits its title, "Apologia" presents a sly defense of this gorgon mother, who seemingly abandoned her sons when they were children.
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"Even though LNG prices are depressed, Gorgon and other projects will run," said Neil Beveridge, senior analyst at Bernstein Research in Hong Kong.
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At one point Chevron, the company running Gorgon, promised the government so much revenue that it would be able to lower personal income taxes.
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However, Chevron only intended to start burying carbon dioxide after it started producing from the Gorgon field, which has a higher carbon dioxide content.
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Before this latest shipment, Gorgon had only exported two cargoes since starting operations in March as unexpected technical problems forced the project to shutdown.
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In Australia, Chevron's newly-built Gorgon export facility expects to ship five cargoes after resuming production following a lengthy shutdown that began in April.
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"We are working through some mechanical issues with the propane refrigerant circuit on train 1 at the Gorgon plant site," a Chevron spokesman said.
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Steady output from the Chevron-operated Gorgon plant in Australia has led project partner Exxon Mobil to plan to market more supply via tenders.
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SINGAPORE (Reuters) - The timing couldn't be worse for the first production of natural gas from Australia's $54 billion Gorgon project - the world's most expensive.
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Chevron, operator of the Gorgon and Wheatstone LNG projects, said it expects to pay significant taxes once those projects are running at full tilt.
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Petronet has a deal to buy 7.5 million tonnes of LNG annually from Qatar's Rasgas and 1.44 million tonnes from Exxon's Gorgon project in Australia.
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First production of the supercooled fuel from Gorgon began in March last year, but the plant has been plagued by numerous unplanned outages since then.
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Asia gas prices have since collapsed by about 18 percent due in part to the return to service of the first liquefaction train at Gorgon.
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In addition, the company announced on Monday that it started producing liquefied natural gas and condensate at its Gorgon Project on Barrow Island off Australia.
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SYDNEY, July 1 (Reuters) - A gas leak has occurred at the Gorgon liquefied natural gas (LNG) export project on Barrow Island in Australia, Chevron said.
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It resembles the ferocious head of a Gorgon, one of the awful monsters of Latin legend, and you come across its reproductions everywhere in town.
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"Production on Gorgon LNG Train 1 was temporarily halted for minor maintenance," Chevron spokesman Cam Van Ast said in email to Reuters late on Friday.
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"Postcards From the Edge" was Ms. Fisher's roman à clef that portrayed Ms. Reynolds as a kind of nonchalant, casually narcissistic gorgon of a mother.
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Planned expansions at Gorgon and Woodside's planned multibillion-dollar Scarborough and Browse developments would be affected by the new guidelines if enforced by the government.
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Chevron also provided updates on its critical Gorgon liquefied natural gas project, which experienced some shutdowns in 250, as well as its Wheatstone natural gas hub.
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Western Australia's state government approved the $54 billion Gorgon project in 2009 on condition that some carbon dioxide from its gas processing operations would be stored.
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A shipping schedule released before the leak showed Gorgon would export on July 9 using the Asia Excellence tanker, which is anchored nearby, shipping data shows.
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Train 3 of Chevron's Gorgon LNG project in Western Australia is still down after it was shut in mid-January following a mechanical issue, sources said.
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First exports from Sabine Pass comes within days of the world's most expensive LNG plant - the $54 billion Gorgon project in Australia - shipping its first cargo.
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Exxon has a deal to supply LNG to Petronet LNG Ltd , India's biggest gas importer, under a long term agreement from its Gorgon Project in Australia.
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WATSON: WE DO. WELL IN GENERAL, THE ADVANTAGE OF THE GORGON LNG IS THAT IT'S BEEN SOLD FORWARD INTO THE JAPANESE AND KOREAN UTILITY MARKET PRIMARILY.
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SINGAPORE (Reuters) - Chevron has temporarily suspended production of liquefied natural gas (LNG) at its Gorgon Train Two production line in Australia, the company said on Monday.
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SINGAPORE, April 18 (Reuters) - Chevron is restarting liquefied natural gas (LNG) production at its Gorgon Train Two facility in Australia, a company spokeswoman said on Tuesday.
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George returns often to this dichotomy, which she terms the "two-faced nature of blood" and sees as embodied in the figure of the Gorgon Medusa.
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That vessel is currently anchored around 100 kilometres (62 miles) off Gorgon, according to shipping data, along with the Asia Endeavour, another of Gorgon's project vessels.
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But a resumption in production at two Australian LNG export plants — Chevron's Gorgon and Woodside's North West Shelf — left the rationale for a price rebound less clear.
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Scheduled maintenance on one of three production lines at Chevron's Gorgon project in Australia, due in September, could offset some of the impact of new supply growth.
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It says that construction on Gorgon production lines two and three, which will boost its export capacity to 15.6 million tonnes a year in 2017, are unaffected.
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In Greek mythology, she is one of the Gorgon sisters (derived from the Greek gorgós for "dreadful"), and Perseus uses a reflective bronze shield to defeat her.
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A 450–20193 BCE red figure pelike container is among the earliest depictions of Medusa as an innocent maiden, with Perseus creeping up on the sleeping Gorgon.
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Planned expansions at Chevron's Gorgon and Woodside's planned multibillion-dollar Scarborough and Browse developments would have been affected by the new guidelines if enforced by the government.
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Exxon Mobil sold a cargo loading in late June to early July from Australia's giant Gorgon liquefaction plant to China's CNOOC for $5.60 per mmBtu, traders said.
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But output from the giant Gorgon project was steady, with plant operator Chevron readying to bring a third production line on-stream early in the second-quarter.
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With modular trains, companies hope to avoid the delays and cost overruns that have dogged custom mega-projects like Chevron Corp's Wheatstone and Gorgon projects in Australia.
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Exxon also has a deal to supply LNG to Petronet LNG Ltd , India's biggest gas importer, under a long-term agreement from its Gorgon Project in Australia.
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The Do LaB's programming can get kinda crunchy granola sometimes, but they've also shown some prescience, booking Griz, Gorgon City, and Mija before any of them broke.
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Commercial deliveries of LNG from the 15.6 million tonne per annum Gorgon project will go mainly to customers in Asia and are due to start later this year.
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Dangerous Beauty: Medusa in Classical Art at the Metropolitan Museum of Art explores how the snake-haired Gorgon transformed from a hideous monster into a beautiful femme fatale.
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India's top gas importer Petronet LNG signed a deal in 2009 with Exxon Mobil Corp to buy 1.5 million tonnes of LNG annually from Gorgon for 20 years.
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Gorgon was initially expected to cost $37 billion and start exports in 2014, but delays and soaring costs pushed the start-date back and the price tag up.
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Chevron's $54 billion Gorgon plant was shut as part of a brief unplanned outage that has delayed a handful of shipments but avoided cancellations, several trade sources said.
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For all the technology behind Twitter, it's often Gorgon-like, with the all the millions of tiny heads sprouting from it ruling the consciousness of the core body.
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Winter is shaping up to be bearish as supply gets back on track from Gorgon - assuming Angola LNG resumes operations as planned in September, a trade source said.
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Chevron brought a third processing facility online at its Gorgon LNG project in Australia, and Exxon bought InterOil in a $2.5 billion bid to expand in Papua New Guinea.
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More supply in Asia helped lower prices following a streak of gains recently, but uncertainty over when Chevron Corp's newly-built Gorgon LNG export plant will resume clouded outlooks.
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In this latest installment of Guilty Pleasures, we discovered that UK hotshot Kidnap Kid has an affinity for classic showtunes, and duo Gorgon City drops Toto in the club.
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Everyone knew there'd be collateral damage, but it's quite another thing to have the smiling face of an innocent child grinning up at you through your Gorgon megapixel camera.
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These later images may have lost the gaping mouth, sharp teeth, and beard, but they preserve the most striking quality of the Gorgon: the piercing and unflinching outward gaze.
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Chevron brought a third processing facility online at its Gorgon LNG project in Australia, and Exxon bought InterOil in a $2.5 billion deal to expand in Papua New Guinea.
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The Gorgon gas prices are now linked to about 13-13.5 percent of the global oil price on a delivered basis, two sources with knowledge of the negotiation said.
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"We confirm start-up activities are underway on Gorgon train one with a plan to safely resume production in the coming weeks," a Chevron spokesman told Reuters on Wednesday.
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"The Gorgon sell tender came as a surprise," a second Singapore-based trading source said, adding that a recent Nigerian tender offering three June-loading cargoes was also unexpected.
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The Gorgon Stare, then, can (and is intended to) watch an entire city and while recording that city, track the movements of multiple vehicles, persons, or locations of interest.
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This being the case, it's a little hard to notice that this sensuous, insistently inconclusive new Gorgon City track is called "Aries" and not draw some kind of connection.
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The recent start-up of carbon capture and storage at Chevron Corp's Gorgon LNG project off Western Australia will bury up to 4 million tonnes of emissions a year.
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Chevron's Wheatstone LNG development in Australia is due to start producing this month, on the heels of its nearby Gorgon project last year, after a combined $88bn of investment.
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Gorgon had stored LNG and was still able to export its second ever cargo on July 23 aboard the Marib Spirit tanker, but there have been no exports since.
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According to a shipping schedule published by Chevron Australia prior to the leak, Gorgon was due to export another cargo on July 9-11 aboard the Asia Excellence tanker.
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The three-train Gorgon project, one of the world's largest natural gas projects, can produce 15.6 million tonnes of LNG annually from its three trains, according to Chevron's website.
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As recently as March the energy minister, Josh Frydenberg, hailed "the golden age of gas" and forecast that Gorgon alone would add a total of A$20143bn to the economy.
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Gorgan City featuring Wyclef Jean – "Zoom Zoom" The Gorgon City duo have infused deep house and tribal elements on their new track "Zoom Zoom," which features Haitian rapper Wyclef Jean.
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Tempering any drop in supply was the resumption of exports from the Chevron-operated Gorgon facility in Australia on Monday - only its third-ever shipment following a series of shutdowns.
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In Australia alone, Exxon Mobil has put up for sale a September cargo at Gorgon with Conoco Phillips' Darwin project offering two, plus a single shipment from North West Shelf.
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He had even published a piece in Scrutiny , the British quarterly edited by F. R. Leavis, a critical Gorgon few could hope to please, when he was just twenty-one.
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This year's lineup might still include classic college tour indie fare like The Kooks, but it also features Stormzy, Novelist, Formation, Waze & Odyssey, Gorgon City, Horsemeat Disco, and Seth Troxler.
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The rally ran out of steam last week and prices declined sharply as Chevron's Gorgon LNG project resumed production, but potentially lower output from Nigeria LNG may again tighten supply.
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Forced to shut its $54 billion Gorgon LNG export plant twice in its first five months, Chevron now faces calls from union officials for a probe into the site's safety.
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" And, episode three, "The End of the World" contains, in one line, a perfect crystallization of the Gorgon that is Renata Klein: "You deconstructed my little girl into a coma.
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Last week Chevron suspended production at Gorgon due to a gas leak and said operations would resume a week later, although it is not clear if that is still the case.
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I always thought it a quintessentially Roman symbol of domination until I was recently informed that the "Gorgon" was not a Roman grotesque at all but a powerfully mustachioed Celtic deity.
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Scoping out the Versace mansion, he comes face to face with a life-size medallion of Medusa, the mythical Gorgon whose image Versace adopted as a logo, on the front gate.
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Exxon said it had no taxable income as it has invested nearly A$21 billion over the past few years on major projects including Gorgon and the Kipper Tuna Turrum field.
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MILAN (Reuters) - Production remains suspended at Chevron Corp's $54 billion liquefied natural gas (LNG) Gorgon export facility in Australia following a gas leak nearly two weeks ago, a company spokesman said.
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Separately, Chevron said it has planned work at its Gorgon LNG facility from May 23 to July 9 that will involve the shutdown of a little more than half a train.
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Perseids appear to radiate outward from the constellation Perseus — you know, the mythical Greek hero who chopped off the head of the wretched gorgon Medusa and lived to tell the tale.
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Exxon said it had no taxable income as it has invested nearly A$18 billion over the past few years on major projects including Gorgon and the Kipper Tuna Turrum field.
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The engine behind Chevron's growing output is its Wheatstone and Gorgon natural gas projects in Australia, the Permian Basin underlying Texas and New Mexico and several offshore projects, according to Credit Suisse.
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SINGAPORE (Reuters) - Chevron has started production of liquefied natural gas (LNG) from the third of three production units at the Gorgon LNG project located off Western Australia, the company said on Tuesday.
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Chevron spokesman Cam Van Ast said in an email on Friday that production at Gorgon LNG Train 1 had been temporarily halted for minor maintenance but that restart activities were under way.
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MELBOURNE, Nov 30 (Reuters) - Chevron Corp said on Wednesday it has temporarily halted production from one of its two production units at the Gorgon liquefied natural gas (LNG) plant off Western Australia.
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Chevron said that in preparation for the project's start-up it had begun to cool down the LNG storage and loading facilities at the Gorgon plant on Barrow Island off western Australia.
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Meanwhile, rivals have moved forward, with Exxon Mobil launching its Papua New Guinea (PNG LNG) liquefaction plant on time and on budget in 2014, when Gorgon was first due to start operations.
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EVANS: OK. AND WHAT DO YOU SAY TO PEOPLE WHO SAY NOW WAIT A MINUTE, THE COST OF GORGON IS WAY MORE THAN WE WERE TOLD ONCE ALL WAS SAID AND DONE.
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Gorgon LNG most recently loaded a cargo of LNG on to the Chevron-owned tanker Asia Endeavour on March 24 for delivery to North Asia, Thomson Reuters Eikon trade flows data shows.
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"Happy to share good news that India has, yet again, been able to address the long-term price issue of LNG from Gorgon to suit Indian market," Pradhan said in a tweet.
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Planned expansion at Gorgon and Woodside's planned multibillion-dollar Scarborough and Browse developments would be affected by the new guidelines, if they were enforced by the government, and industry players pushed back.
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The pulled pork served up by Gorgon City or Disclosure or Robin Schulz is the kind of pulled pork that's perpetually on offer in Iceland: stringy, grey, and served in a can.
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LONDON, May 31 (Reuters) - Chevron has restarted the first production line at its giant Gorgon liquefied natural gas (LNG) export facility in Australia following an outage, a company spokesman said on Wednesday.
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SINGAPORE, March 27 (Reuters) - Chevron has temporarily suspended production of liquefied natural gas (LNG) at its Gorgon Train Two production line in Australia, a company spokesman said in an email statement on Monday.
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SINGAPORE, Feb 24 (Reuters) - Chevron has temporarily suspended production of liquefied natural gas (LNG) at its Gorgon Train Two production line in Australia, a company spokesman said in an email statement on Friday.
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SINGAPORE (Reuters) - Chevron Corp said on Friday it is on track to export the first cargo of liquefied natural gas (LNG) from its Australian Gorgon project - the world's most expensive - early this year.
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SYDNEY (Reuters) - Chevron on Friday suspended production at Australia's Gorgon liquefied natural gas (LNG) export facility after a leak but remained on track to make a second shipment in coming days, it said.
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Rave Curious spoke with Gorgon City and Rudimental, a pair of acts continuing the grand tradition of energetic electronica live bands—first exemplified by Roni Size and The Prodigy in the late '90s.
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Chevron, which holds a controlling 47.3 percent stake in the Gorgon project located off Western Australia, suspended production at the Train Two facility at the end of February but resumed production days later.
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Concrete covers leylines of power accessed by magical creatures, every steam tunnel could be the hideaway for an elemental, and there's almost certainly a gorgon stalking the city cemetery in the early morning.
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MILAN, July 15 (Reuters) - Asian liquefied natural gas (LNG) prices rose further this week due to new tenders, extra buying to replace lost output at Gorgon in Australia and short-covering by traders.
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And that's when you'll want to look toward the constellation Perseus — you know, the mythical Greek hero who chopped off the head of the wretched gorgon Medusa and lived to tell the tale.
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Gorgon is the biggest carbon emitter out of Australia's 10 liquefied natural gas (LNG) plants, which have been the main driver of a rise in Australia's carbon emissions over the past two years.
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Gorgon is the biggest carbon emitter out of Australia's 10 liquefied natural gas (LNG) plants, which have been the main driver of a rise in Australia's carbon emissions over the past two years.
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Output from Australia's Gorgon LNG project stalled after mechanical problems forced a shutdown, while Angola LNG remains offline and the start-up AP LNG's second production line in Australia is also running behind schedule.
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SINGAPORE (Reuters) - ExxonMobil Corp has offered to sell a liquefied natural gas (LNG) cargo from the 15.6-million-tonnes-a-year Gorgon LNG plant in Australia for November, two industry sources said on Friday.
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Combined condensate supplies from Ichthys and Gorgon of almost 140,000 bpd will initially meet a rise in Asian splitter capacity of 160,000 bpd in Taiwan and South Korea between late 2016 and early 2017.
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Chevron Corp's Gorgon LNG project in Australia has temporarily halted train 3 to address a mechanical issue, while trains 1 and 2 continued to operate as usual, a company spokesman said earlier this week.
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Gorgon condensate has an API gravity of about 52.9 degrees and a sulfur content of 0.0088 percent, the two sources said, declining to be identified as they were not authorized to speak with media.
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SYDNEY, July 1 (Reuters) - Chevron said it had suspended production at Australia's Gorgon liquefied natural gas (LNG) export terminal after a leak but remained on track to make a second shipment in coming days.
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Chevron, which is counting on Gorgon to help it become an LNG leader in Asia, reported its first shutdown in April and was forced to shut again following a gas leak on July 1.
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The shutdowns have cost Gorgon more than $200 million in lost output, excluding repairs and other expenditures, one industry consultant estimated, basing the figure on an export schedule of around one cargo per week.
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SO WE'LL BE ABLE TO GENERATE ENORMOUS CASH FLOW AS WE BRING ON THREE TRAINS OF LNG PRODUCTION AT GORGON, TWO TRAINS OF WHEATSTONE AND OTHER PROJECTS THAT WILL ADD TO OUR PRODUCTION BASE.
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Tokyo Gas has long-term LNG supply deals with Qatargas I, Brunei LNG, Malaysia LNG Dua, Russia's Sakhalin LNG, as well as with Australia's Withnell Bay, Darwin, Pluto, Queensland Curtis LNG and Gorgon projects.
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While Gorgon remains the most capital intensive of the Australian projects, others including Inpex Corp's Ichthys and Woodside Petroleum's Pluto are more expensive when measured on a cost per unit basis, according to Maugeri.
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The cost jump comes on top of a $17 billion blowout Chevron suffered on the bigger Gorgon LNG project off Australia's west coast, where two out of three production units, are now up and running.
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The first cargo from Wheatstone was shipped from Train 1 in October, 2017, a few months behind target, following hiccups in the start-up of Chevron's $54 billion Gorgon project, which slowed work on Wheatstone.
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"Production at Gorgon Train 2 is being temporarily suspended for a planned turnaround to enhance the train's reliability in alignment with previously arranged strategies," he added, without saying when Chevron plans to restart the production line.
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It pulled in big headliners like Nosaj Thing, Gorgon City, and Leon Vynehall, while at the same time offering jobs to locals and creating a much-needed platform for the area's longstanding but underserved artistic scene.
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The process involves removing CO2 from the gas that Chevron produces from the Gorgon project at Barrow Island, and injecting it through wells into reservoirs under the ocean floor, 2 km (1.2 miles) below the island.
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Chevron said production at train 1 at Gorgon has been stable at about 5 million tonnes a year, and with train 2 ramping up, it expects to ship an average of two to three cargoes a week.
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The state approved the $54-billion Gorgon project in 2009 on the condition that at least 80 percent of carbon dioxide released in its gas processing operations over a five-year rolling average period would be buried.
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The U.S. exported its first cargo of shale LNG from Sabine Pass on February 24 while energy giant Chevron is planning to ship its first cargo from its massive $54 billion Gorgon Project in Australia next week.
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NEW DELHI (Reuters) - India has renegotiated the pricing of liquefied natural gas (LNG) imported from Australia's Gorgon project to make the imported fuel affordable to price-sensitive domestic customers, Indian oil minister Dharmendra Pradhan said on Saturday.
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Houston, playing without Russell Westbrook (rest) for the first time this season, got 16 points from Eric Gorgon and 15 points and nine rebounds from Danuel House Jr. Rookie Ja Morant paced the Grizzlies with 23 points.
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"With the Chevron-operated Wheatstone and Gorgon LNG facilities now operational, we are delivering a significant new source of energy for customers in the region," Chevron Australia Managing Director Nigel Hearne said in a statement on Friday.
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This year, artists including Claude VonStroke, Gorgon City, Derrick Carter, DJ Pierre, Kenny Dope, and Justin Martin were scheduled to play the festival, which takes place on the easternmost tip of the Dominican Republic in Punta Cana.
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But with tens of billions of dollars already invested, the oil majors behind Gorgon and other Australian LNG projects have little choice but to plough on, consigning the market to profit-sapping surplus for the foreseeable future.
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Chevron, owner of the giant Gorgon and Wheatstone LNG projects in Australia, said it expects global demand to be nearly 600 million metric tonne per annum (mmtpa) by 2035, while supply could be just about half of that.
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If you look at myths of the Gorgon Medusa, in addition to having a head full of snakes, she had different types of blood on her right and left side, and one side was considered good and bad.
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Even so, most of Australia's LNG projects currently under construction, including Chevron's huge Gorgon facility and Royal Dutch Shell's floating Prelude production vessel, are having trouble keeping within budget and sticking to schedules, and more delays are expected.
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MELBOURNE/MILAN/LONDON - (Reuters) - Forced to shut its $54 billion Gorgon liquefied natural gas (LNG) export plant twice in its first five months, Chevron Corp now faces calls from union officials for a probe into the site's safety.
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Western Australia is the country's biggest producer of LNG with five large plants: the North West Shelf and Pluto LNG, both run by Woodside Petroleum, Chevron Corp's Gorgon and Wheatstone plants, and Royal Dutch Shell's floating Prelude platform.
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Very basic archetypes like the Horned God, the Triple Goddess who controls fate, the apotropaic grimacing "gorgon" face with fangs and protruding tongue, the god who dies and is reborn yearly, the trickster shapeshifting god, and so on.
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"Happy to share good news that India has, yet again been able to address the long term price issue of LNG from Gorgon to suit Indian market," India's oil minister, Dharmendra Pradhan, said on Saturday on social media.
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Cost pressures appear to be behind recent decisions at Chevron, which earlier in this century developed one of the largest projects, Gorgon, a $54 billion liquefied natural gas giant in Australia that far outran its original cost estimates.
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Western Australia (WA) is the country's biggest producer of LNG with five large plants: the North West Shelf and Pluto LNG, both run by Woodside Petroleum, Chevron Corp's Gorgon and Wheatstone plants, and Royal Dutch Shell's Prelude platform.
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SINGAPORE, Jan 4 (Reuters) - Chevron Corp said on Wednesday it has resumed production at one of its two units at the Gorgon liquefied natural gas (LNG) plant off Western Australia after an outage of slightly more than a month.
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In December, spot gas prices in Asia LNG-AS spiked to a near two-year high of $9.75 per mmBtu in early January due to cold weather and a problem at the Gorgon LNG export terminal in western Australia.
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MELBOURNE (Reuters) - The state of Western Australia has ordered an inquiry into a delay in burying carbon dioxide emissions at Chevron Corp's Gorgon liquefied natural gas (LNG) project, which could lead to a change in conditions on the project.
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"Our focus is on the safe commissioning and start-up of the carbon dioxide injection project and achieving a high percentage of injection over the 40-year life of the Gorgon project," a Chevron spokeswoman said in emailed comments.
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MILAN, June 24 (Reuters) - Asian spot liquefied natural gas (LNG) prices for August delivery rose on the back of fresh signs of demand from Taiwan and Mexico, while Australia's Gorgon export plant expects to ship five cargoes next month.
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SINGAPORE, April 4 (Reuters) - Chevron's massive Gorgon liquefied natural gas (LNG) facility in Australia has hit technical difficulties, a spokesman said on Monday, resulting in a temporary suspension of exports less than a month after it reached first production.
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Exxon will increase the volume supplied from its share of the Chevron-led Gorgon project in Western Australia by 1 million tonnes a year to about 2.5 million tonnes, but at a lower cost than originally agreed in 2009.
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The rise in Australian exports will be underpinned by higher output at the Gorgon project, run by Chevron Corp, as well as the completion of three remaining LNG projects: Chevron's Wheatstone, Inpex Corp's Ichthys, and Royal Dutch Shell's Prelude.
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Indonesia's Bontang export facility pumped at reduced capacity after a technical fault with a liquefied petroleum gas (LPG) enrichment unit, leaving less supply available for Japanese off-takers, while Chevron's Gorgon and Wheatstone projects in Australia were also experiencing output cuts.
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ExxonMobil, which has a 25 percent stake in the $54 billion Gorgon project, had previously issued a spot tender to sell a cargo of the supercooled fuel for loading over March 25-26, two traders with knowledge of the tender said.
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Western Australia (WA) is a major fossil-fuel resource hub with five large gas projects: Woodside Petroleum's Pluto LNG, the North West Shelf joint venture which it also operates, Chevron Corp's Gorgon and Wheatstone plants and Royal Dutch Shell's Prelude platform.
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On the other side of Australia, Chevron said it's on track to export its first cargo early this year from the 15.6 million tonnes-a-year Gorgon venture, the world's most expensive LNG project with an estimated cost of $54 billion.
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"We are pleased to reach the first milestone of safely starting the operation of the Gorgon carbon dioxide injection system, one of the world's largest greenhouse gas mitigation projects ever undertaken by industry," Chevron Australia Managing Director Al Williams said in a statement.
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Gorgon is a joint venture of the Australian subsidiaries of operator Chevron with a 47.3 percent stake, ExxonMobil and Shell with 25 percent each, Osaka Gas at 1.25 percent, Tokyo Gas at 1 percent and Chubu Electric Power at less than 0.5 percent.
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"Production at Gorgon Train Two is being temporarily suspended for a planned turnaround to enhance the train's reliability in alignment with previously arranged strategies," a Chevron spokesman said in an email statement, without saying when Chevron planned to restart the production line.
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"Oil and gas production is increasing, most notably in our Gorgon and Wheatstone LNG Projects in Australia, and our shale developments in the Permian Basin where production grew 65 percent from a year ago," Chairman and CEO Michael Wirth said in a statement.
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The Chicago house wizard Green Velvet and the newer-vintage British duo Gorgon City are headlining; Matthew Dear, Tensnake, Jimmy Edgar and Riva Starr are among the other D.J.s and producers who will keep the party going until its scheduled 4 a.m.
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The company said it is in a tax loss position in Australia as it soaks up the cost of investing heavily in new gas production in the Bass Strait and the huge Gorgon gas project off Western Australia, both ramping up since 2017.
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SINGAPORE (Reuters) - Chevron has started up its massive Gorgon LNG project in Australia and will soon be shipping more of the super-chilled fuel into an oversupplied market, eroding producer revenues but also likely hastening the advent of a liquid Asian spot market.
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Gorgon began production this week and is scheduled to export its first cargo by mid-March, Chevron said on Tuesday, less than one month after the another milestone was set in the United States when Cheniere Energy exported its first LNG cargo.
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But the pace of growth is much slower than expected because of snafus and higher-than-expected costs that have delayed plans to start or increase LNG exports from four megaprojects, Gorgon, Ichthys, Prelude and Wheatstone, all along or off the coast of northwest Australia.
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Now at least three of them, Shell's Prelude floating LNG production vessel, Inpex's Ichtys project, and the expansion of Chevron's Gorgon operation, won't begin exporting until 2018 or even later, rather than 2017 as previously planned, according to several sources with knowledge of the matter.
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In recent years Chevron has invested heavily in big undertakings like the $54 billion Gorgon liquefied natural gas project off Australia, but lower oil and gas prices have left Chevron and other companies with costs that are too high in comparison to current revenue.
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Next year and 2018 "look to be an inflection point for Chevron," said Phil Gresh, an analyst with JPMorgan, noting that as projects like Gorgon near the finish line, the company's free cash flow should rise, providing additional support for Chevron's 4.2 percent dividend.
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For a time, he walked around with a set of nunchucks in a holster strapped to his leg, like a six-shooter; he often posed for photographs wearing chef's whites and clutching the kind of long, curved knife you might use to disembowel a Gorgon.
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Work at Gorgon - located in a remote nature reserve in northwestern Australia and due to start pumping gas any day - began in 2009 when Chinese demand was driving a historic commodity boom and Big Oil was racing to expand production capacity at costly fields.
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A shale revolution in the United States started by small, nimble producers has upended the industry, leaving some to question the need for mega-projects like Gorgon and even the business model of the oil majors behind it - Chevron, Royal Dutch Shell and Exxon Mobil.
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Investors were highly critical of oil and gas companies earlier this decade as costs ballooned for many LNG projects under development such as Chevron's $54 billion Gorgon project in western Australia, the most expensive in history, or Shell's $14 billion Prelude LNG, the world's largest floating structure.
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India has also renegotiated a long-term supply deal with Qatar's Rasgas, nearly halving the price, and industry sources say the South Asian nation's biggest LNG importer, Petronet , is also seeking to renegotiate a costly import deal with ExxonMobil for supply from the Gorgon project in Australia.
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The choice of this nefarious name, plumped up by a sinister Greek mythology reference (the Gorgon turns people that gaze upon it into stone), was no accident, either, said Arthur Holland Michel, a co-director of the Center for the Study of the Drone at Bard College.
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Elsewhere, another crossover of both material and style is visible in a wonderfully grotesque Gorgon head rendered in terracotta — not marble, which was unavailable on the island — by its Greek sculptors, who were clearly influenced by a playful impishness and gleeful delight in its tongue-out horribleness.
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Gorgon is part of a huge expansion in Australian LNG production which, together with emerging exports out of the United States, contributed to a fall in Asian spot LNG prices since February 2014 from more than $20 per million British thermal units (mmBtu) to below $5 per mmBtu.
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The short-term investment strategy is driven in part by the fact that, unlike for example BP, it already has a pipeline of longer-term projects - it is currently developing some of the world's largest liquefied natural gas (LNG) projects such as the Gorgon and Wheatstone plants in Australia.
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Recently chart-topping songs noted as being on the sadder side of the index included Sam Smith's hit "Stay With Me" and "Unmissable" by Gorgon City, which compares to the prevalence of popular happier songs from the '80s like "Would I Lie to You?" by the Eurythmics, and "Freedom" by Wham!
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SYDNEY, Aug 22 (Reuters) - Australian construction company CIMIC Group said on Monday it had started court proceedings in the United States against Chevron Corp and KBR Inc, seeking as much as A$1.86 billion ($1.42 billion) regarding a dispute over the jetty at the Gorgon LNG project in Western Australia.
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Something of a Jamie Oliver of nightlife, Glover had a successful run for over three years, snagging big names like Nosaj Thing, Gorgon City, and Leon Vynehall to headline club nights while offering jobs to locals and creating a much-needed platform for the area's longstanding but underserved artistic scene.
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That helped spot LNG prices for delivery to North Asia LNG-AS rise to near two-year highs of $9.50 per million British thermal units (mmBtu) last week, their highest level since early 2015, compared with spot levels around $7/mmBtu before news of the Gorgon train 1 outage broke in late November.
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Good luck figuring out the abilities or motivations of the other "heroes," Karnak (Ken Leung), Gorgon (Eme Ikwuakor) and Crystal (Isabelle Cornish), because the show is deeply uninterested in giving them anything important to do — one of them spends the majority of the second episode literally sitting on a beach, awaiting further instructions.
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The Gorgon project on Barrow Island off the northwest coast of Western Australia is a joint venture involving the Australian subsidiaries of operator Chevron with 47.3 percent, ExxonMobil and Shell with 25 percent each, Osaka Gas at 1.25 percent, Tokyo Gas at 1 percent and Chubu Electric Power at less than 0.5 percent.
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To ensure the largest possible surveillance range, the balloons will not fly at altitudes up to 65,000 ft (for reference, commercial airplanes typically fly between 31,000 and 38,000 ft.) It's worth noting that the Sierra Nevada Corporation also created a technology called the "Gorgon Stare," a state-of-the-art aerial surveillance system.
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Exxon Mobil, which has oil and gas production in the Bass Strait and a stake in the giant Gorgon LNG project among other assets in Australia, reported A$1.32913 billion ($21.3291 billion) in income, but it reported a loss for taxable income and paid no tax, similar to the previous two years.
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Exxon Mobil, which has oil and gas production in the Bass Strait and a stake in the giant Gorgon LNG project among other assets in Australia, reported A$6.7 billion ($5.0 billion) in income, but it reported a loss for taxable income and paid no tax, similar to the previous two years.
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The first U.S. exports come just days before production begins at the Chevron Corp-led Gorgon LNG project in Australia, the world's most expensive LNG terminal at $54 billion, and will add to a wave of supply at a time when demand is faltering in major consuming countries and prices plummeting in line with oil.
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So for our latest THUMP short, recorded at the BPM Festival in Playa del Carmen, Mexico, we sat down with a wide-ranging cast of selectors and composers—including Gorgon City, Todd Edwards, Superfreq, tINi, and more—to ask the question on everybody's minds: What are the best and worst things about the electronic music scene today?
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We've already filled you in on Daft Punk-collaborator Todd Edwards, UK producer Kidnap Kid, and London duo Gorgon City's musical guilty pleasures, and now they're back, along with a few other great artists, to give you a little insight into the life of an international touring DJ. When your job is to fly all over the world purveying choons, what are the suitcase essentials?
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Put it this way, realistically this is the lineup at pretty much every festival you will go to this summer: Ben Klock, Skream, Nina Kraviz, Carl Craig, Andy C, Adam Beyer, Dixon, B Traits, Ben UFO, Joy Orbison, Kerri Chandler, Rodhad, David Rodigan, Black Madonna, Eton Messy, Waze & Odyssey, Jackmaster, Arg from TOWIE, Heidi, Alan Fitzpatrick, Derrick Carter, Danny Howard, Hannah Wants, DJ Harvey, Gorgon City, Eats Everything, my uncle Simon, Lil Louis, Axel Boman, DJ EZ, Erol Alkan, Scuba, Green Velvet, Richy Ahmed, Hilary Benn, Seth Troxler Of course it isn't you idiot!
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