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HS2: Costs review 'ongoing' amid reported 30bn overrun

2019-07-19 23:58:21| BBC News | Business | UK Edition

The boss of the new high-speed rail link has reportedly warned the project will exceed its 56bn budget.

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Exxon Mobil shareholders meeting was totally overrun by climate demands

2016-05-25 21:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: It`s impossible for fossil fuel executives to get some damn peace and quiet. At its annual shareholder meeting in Dallas, Texas, Exxon Mobil faced investors` demands that the company get serious about climate change adaptation and regulation. Since 1997, Exxon Mobil has fended off similar demands from its shareholders, but not at this scale. Wednesday`s meeting included the largest coalition of climate-activist investors yet of two-dozen large shareholders representing $8 trillion under management....

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HMAS Hobart construction costs overrun by $870m, says AWD Alliance

2015-10-15 01:00:00| Naval Technology

The construction cost of the Royal Australian Navy's (RAN) first vessel in the $8bn air warfare destroyer (AWD) programme has crossed the estimates by $870m, the consortium contracted for the project has stated.

Tags: costs construction alliance hobart

 

Inpex Corporation advises of cost overrun, delay at Ichthys LNG

2015-09-13 03:51:36| Oil & Gas - Topix.net

Cost overruns across Australia's liquefied natural gas construction sector have topped $US30 billion after Inpex Corporation advised of a major cost increase and delay at its Ichthys venture in northern Australia. The Japanese company advised late Friday that the Ichthys venture would start production as much as nine months late and cost about 10 per cent more than its original $US34 billion budget.

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Xcel Energy sued for alleged nuclear plant overrun

2014-11-14 11:36:07| Energy - Topix.net

A contractor is suing Xcel Energy Inc. alleging $45 million in unpaid cost overruns during an 18-month overhaul of the Prairie Island nuclear power plant near Red Wing. Charlotte, North Carolina-based contractor Babcock & Wilcox Nuclear Energy contends Xcel Energy has refused to pay the full cost for replacing a pair of massive steam generators at the plant's Unit 2. The project was completed last December.

Tags: energy plant nuclear alleged

 

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