Email Facebook Twitter

Stock Market news at - RSS News Feeds

Bhp Billiton Share News (BLT)

Share News for Bhp Billiton (BLT)

Share Price: 1,839.00Bid: 1,839.00Ask: 1,840.00Change: -3.00 (-0.16%)Faller - Bhp Billiton
Spread: 1.00Spread as %: 0.05%Open: 1,844.00High: 1,842.50Low: 1,837.00Yesterday’s Close: 1,842.00

Tropical Cyclone Lua shuts Australian oil fields

Wed, 14th Mar 2012 04:28

* Woodside, Apache shut some oil fields

* Cyclone off northwest co
ast headed toward Pilbara coast

March 14 (Reuters) - Woodside Petroleum and Apache Corp said on Wednesday they had shut several of their oil fields off Australia's northwest coast as Tropical Cyclone Lua approached.

Australia's Woodside halted production at six oil fields, including its Vincent and Enfield oil fields and Cossack, Wanaea, Lambert and Hermes oil fields on the North West Shelf, the company said.

Apache Corp shut oil production at its Stag field and was evacuating non-essential personnel from its Varanus Island natural gas processing facility.

Woodside's Vincent and Enfield produce an average of around 24,250 barrels per day (bpd) and 11,770 bpd, respectively, while the company's North West Shelf fields produce around 5,500 bpd, according to the latest production report.

Apache's Stag oil field produces about 8,800 barrels of oil per day.

At 8 a.m. WST Tropical Cyclone Lua, category 1 was about 610 kilometres northwest of the coastal town of Karratha, moving northwest at 20 kilometers per hour away from the coast, Australia's bureau of meteorology said.

But Lua is likely swing back toward the coast by Thursday morning, as it strengthens to a Category 2 cyclone, and head southeast toward the east Pilbara coast, reaching Category 3, the bureau added.

Cyclones are a regular occurrence during Australian summers and can often force offshore oil and gas platforms to suspend operations and mobile marine units to seek safe harbours until the storms pass.

Cyclones in the region can also move inland, disrupting iron ore mining in the Pilbara besides shutting local ports that ship iron ore.

A spokesman for Port Hedland, the largest iron ore export port in the country, was not immediately available to comment.

BHP Billiton, which operates both iron ore and oil projects in northwest Australia, said it was monitoring the weather.

The cyclone season off Australia's northwest typically runs from November to April.

(Reporting by Nallur Sethuraman in Bangalore and Rebekah Kebede in Perth;Editing by Clarence Fernandez) Keywords: AUSTRALIA/CYCLONE

( 402 972 273)(Reuters Messaging:

Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

Related Shares: Bhp Billiton Plc (BLT) 

After standoff, Vale and China's Cosco both claim shipping victory

By Stephen Eisenhammer and Brenda GohRIO DE JANEIRO/SHANGHAI Sept 15 (Reuters) - In the end, the answer to Brazilian miner Vale's Chinese shipping pro
[7 Hours Ago]

UPDATE 2-Workers to strike at Chile's Escondida copper mine next week -union

(Adds detail on mine, background)SANTIAGO, Sept 15 (Reuters) - The union at the world's largest copper mine, Chile's Escondida, has called a strike fo
[7 Hours Ago]

Workers to strike at Chile's Escondida copper mine next week -union

SANTIAGO, Sept 15 (Reuters) - Workers at the world's largest copper mine, Chile's Escondida, will strike on Sept. 22 and 24, aiming to paralyze activi
[Yesterday 23:35]

UPDATE 1-Brazil's Vale signs iron ore shipping deal with China's Cosco

(Adds analyst comment, context, Rio de Janeiro to dateline)SHANGHAI/RIO DE JANEIRO, Sept 12 (Reuters) - Brazilian miner Vale SA reached a deal with Ch
[Fri 14:26]

US STOCKS-Anglogold Ashanti shares drop 16 pct; miners weigh on ADR index

By Caroline ValetkevitchNEW YORK, Sept 10 (Reuters) - U.S.-listed shares of South African gold miner AngloGold Ashanti Ltd were among the biggest perc
[Wed 16:46]

RPT-COLUMN-Collapsing steel prices another ominous sign for iron ore: Andy Home

(Repeats with no changes. The opinions expressed here are those of the author, a columnist for Reuters.)By Andy HomeLONDON, Sept 8 (Reuters) - Everyon
[9 Sep '14]

MOVES-Anglo American names ex-Cargill marketing boss as iron ore sales chief

By Silvia AntonioliLONDON, Sept 8 (Reuters) - Global miner Anglo American has appointed David Trotter, the former strategic marketing manager at trad
[8 Sep '14]

COLUMN-Collapsing steel prices another ominous sign for iron ore: Andy Home

(The opinions expressed here are those of the author, a columnist for Reuters.)By Andy HomeLONDON, Sept 8 (Reuters) - Everyone knew this was going to
[8 Sep '14]

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.