Energy Briefs

IN TODAY'S Energy Briefs:CIMIC claims $US20B Gorgon cost spike; Supermajor debt unsustainable; Callawonga win; Roc-2 on track; Four arrested in Gulf protest; Petsec posts loss; NSW pipe plan; Weston's energy dream; NZOG pays dividend; Ausgroup warning; Shah Deniz on schedule; Jordan spill; Mitra review; MSS sells; Target woes; Neptune dividend; Decom tool; Indus confirms deal; Brookside move; Elk completes shortfall; and Climate change warning.


The former Leighton Holdings, CIMIC, claims the costs on the Gorgon LNG project will come in at more than $US20 billion over the budget of $US37 billion at sanction in 2009.