Sandvik will acquire drilling consumables company Varel International Energy Services.
A new $21 million energy training centre in Gladstone that was set to train people to work in the gas industry has been axed by the Federal Government.
A new report says 78,000 jobs will be lost by 2018 as the nation’s resource sector makes it move from construction to production.
As the US shale boom gains momentum many Asian buyers are holding off on LNG contracts, awaiting the cheaper alternative of shale gas.
Downer EDI has won a $400 million contract with Bechtel for two electrical and instrumentation packages at the Wheatstone project.
With the election done and dusted, and the Coalition handed victory, the mining, gas and oil industry lobbyists are getting ready to visit Canberra to talk about implementing changes to the industry.
WA Premier Colin Barnett has expressed disappointment on Sunday over Canberra’s decision to clear the way for Woodside Petroleum’s floating LNG processing plan.
A 26 per cent pay rise over four years being demanded by the Maritime Union of Australia has been labelled as ‘off the planet’ by WA Premier Colin Barnett.
Griffith University’s Vlado Vivoda asks whether shale oil is the energy source of Australia’s future.
Caltex has carried out major restructuring that will see the axing of more than 300 jobs.
QRG CEO Wayne Gerard has backed an APPEA report highlighting the benefits of oil and gas and says the sector should speak out against the ‘free lunch’ mentality in Australia.
While drillers on reality TV show Black Gold pride themselves on a ‘roughneck’ attitude, Australian drillers say their image is hurting the industry.