The sale follows $US9 billion writedowns of Shell's Australian gas assets earlier this year

Business

Shell pockets $3.2 billion in sell-off of Gladstone gas infrastructure

Shell QGC has offloaded a 26.25 per cent stake in its Curtis Island LNG common facilities to Global Infrastructure Partners Australia for $US2.5 billion ($A3.29 billion).

Business

Bubble bursts: Why LNG is now a sad, expensive tale of a cursed industry

Once the great white hope for the Queensland economy, LNG has instead become an albatross around its neck, as John McCarthy reports

Business

Shell slashes Queensland CSG values again but QIC says gas is here to stay

Global energy giant Shell has slashed the value of its assets and pointed at its Queensland coal seam gas business as a contributor to a $US9 billion ($A13 billion) impairment on its integrated gas unit.

Business

Super profits tax in pipeline as State slaps new royalty scheme on gas producers

Queensland’s gas industry will be controlled by a new royalty regime that will use a “super profits tax” that is more likely to hit LNG producers.

 

Business

Curtis Island assets on the block as Shell warns over gas prices

Shell will make a decision on whether it will sell off its $US2.5 billion ($A3.7 billion) of infrastructure assets on Curtis Island later this year.