AUSTRALIA

Energy Briefs

IN TODAY'S <i>Energy Briefs</i>: Speculation of Japanese interest in Santos PNG LNG stake; TransCanada to cull more management; African Petroleum raises to fund itself while finding farm-out partner; Emerson launches new corrosion monitoring system for refineries; no deal in Russia-OPEC meeting; Weatherford cuts deeper; Shell Canada plans slammed; EDL refinance debt facility; FAR's $40M raise; and Range's share sale facility.

Santos Fairfax is reporting this morning that Japanese trading and investment house Marubeni Corporation is believed to be checking out a stake in the PNG LNG project, by acquiring a 3.6% stake of Santos...

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