oil and gas

While it might sound like the title to a heavy metal song, the unbreakable bond between oil and steel is very real and an indicator of how the global economy is trending.

Santos is set to grow further into Western Australia with a takeover of oil and gas company Quadrant Energy.

BHP has entered into agreements for the sale of the Eagle Ford, Haynesville, Permian and Fayettville onshore US oil and gas assets for $US10.8 billion.

Amero-Australian company American Patriot Oil and Gas has acquired two separate oil and gas assets in Texas for $US18.2 million ($24.7 million).

A DFP Resources report detailing mining market statistics for June 2018 has revealed job growth in the Australian mining industry has risen for the 13th consecutive month.

BP has emerged as the front-runner to buy BHP’s US shale assets after submitting a bid of over $US10 billion ($13.5 billion).

The Queensland resources sector has welcomed 8400 new jobs over the past 12 months, according to data from the Australian Bureau of Statistics (ABS), equivalent to one job every hour.

Oil and gas giant Santos plans to sell several of its Asian assets to British production and exploration company Ophir Energy for $US221 million ($295 million).

Santos has gained rights to explore for more gas near Injune in Queensland’s south-west.

Carnarvon Petroleum has released its latest quarterly report, detailing the developments within the company over the past three months.

Online jobs portal SEEK has crowned mining, resources and energy as its fastest growing industry category for employment advertisements in 2017.

China Energy Reserve and Chemicals Group (CERCG) and Mineral Resources have announced their wishes to take over Perth-based oil and gas explorer AWE for 73 cents per share and 80 cents per share, respectively.

Carnarvon Petroleum has been awarded a new permit located within the Bonaparte Basin on Western Australia’s North West Shelf.

Following on from the recent announcement that WorleyParsons was to purchase North Sea oil & gas provider AFW UK, the company has announced that it has raised $253 million from its shareholders (at a price of $13 per share) via institutional entitlement offer to help fund the purchase.

Australian engineering firm WorleyParsons will spend $303 million (£182 million) to acquire UK-based oil & gas firm AFW to expand its presence to the North Sea marketplace.

Empire Oil & Gas subsidiary Empire Oil Company has entered voluntary administration shortly after entering receivership.

Australian-listed oil and gas company Strike Energy has relocated from Sydney to Adelaide, set to create around 85 resources jobs in the state.

BHP suspended production at its Eagle Ford shale operation in South Texas as Hurricane Harvey struck near the area on Saturday.

Australian liquefied natural gas (LNG) shipments for the month of July reached a record 5.4 million tonnes (Mt), driven by higher output from Gorgon and the North-West Shelf (NWS).

Mineral Blue is an integrated Safe System of Work (iSSoW) for the mining and resources industry, designed to streamline safety processes using the internet and mobile devices.