Gastar Exploration Ltd; Agreement with Major Australian Gas Transmission Company

Gastar Exploration Ltd together with its joint venture partner Eastern Star Gas Limited have recently published a report saying that the two companies have entered into a Heads of Agreement (“HoA”) with the APA Group (“APA”), owner of the Central West and Moomba Sydney Gas Pipelines. Under the HoA, options for early delivery of coal seam gas from PEL 238 into the New South Wales (“NSW”)... 

China reins in fast growth of coal-to-liquid fuel projects

China has raised the capital threshold for projects converting coal to liquid fuel to brake a possible overheating in the coal-chemical industry, as excessive development of the fossil fuel pollutes the environment and strains the water supply. On July 7, the National Development and Reform Commission (NDRC), China’s industrial watchdog, issued a circular requiring local governments to tighten...