Article archive for Arrow Energy;
Australian integrated coal seam gas (CSG) company, Arrow Energy, announced on April 17 that it had sanctioned the first phase of its Surat Gas Project (SGP) in southern Queensland, with construction set to begin this year. Arrow is owned 50/50 by Shell and PetroChina, a subsidiary of China National Petroleum Corporation (CNOOC)....
Royal Dutch Shell will pay $739 million to buy into Arrow Energy Ltd’s coal seam gas projects in Australia, China, Indonesia, Vietnam and India. As exploration costs soar and access to conventional oil and gas reserves becomes more difficult, big energy companies are stepping up their search for new energy sources, such as coal bed methane, to feed roaring global demand....
