2-8-18 Much Afoot In The World Energy Arena

Larry Persily Today's Oil & Gas News Briefs Courtesy: Larry Persily Ichthys LNG partner expects further overruns on Australia project (Reuters; Feb. 8) - The giant Ichthys liquefied natural gas project in Australia, the first to be led by a Japanese company, Inpex Corp., is likely to see further cost overruns and possible delays in production, its junior partner said Feb. 8. Costs for the project, which has already been hit with multiple delays, could reach $40 billion, up from $37 billion, Patrick Pouyanne, CEO of Total, told [...]