The University of Western Australia (UWA) has launched two new $20million hubs for international research and training in offshore oil and gas. The hubs are part of the Australian Research Council’s (ARC) Industrial Transformational Research Program. The facilities come in the same week as LNG18, the world’s largest conference on Liquefied Natural Gas which saw … Continue reading University of Western Australia launches $20m oil and gas research facilities
The start of 2016 has been a roller coaster for investors. Global markets had their worst ever start in the first trading days of the year, with the S&P 500 eventually shedding 10.5% by early February. Stocks have rebounded since then, but tension is still in the air with record longs on the VIX Volatility … Continue reading 2016: First Quarter commodity update [infographic]
The release of the Resources and Energy Quarterly by the Chief Economist of the Department of Industry, Innovation and Science for the March quarter has again highlighted the positive outlook for Australia’s resources and energy sectors over the medium to long term. Resources and energy play an essential role in Australia’s economy. Today the sectors … Continue reading Productivity increases reinforce positive outlook [opinion]
Clough has been awarded an engineering services contract for Woodside.
Falling oil prices are causing a shake-up in the gas industry. The latest sign of this is Australian energy company Woodside’s indefinite deferral of its huge gas project off northwest Western Australia, so what lays ahead for the industry?
Federal resources minister Josh Frydenberg attended Gorgon LNG as the facility prepared for its first shipment.
Australian resources and energy minister Josh Frydenberg delivers an address to the oil and gas conference CERAWeek in Houston.
Global power and automation technologies specialist ABB will supply integrated electrical and telecommunication systems to the Al Nasr Full Field Development Project in Abu Dhabi, UAE as part of orders worth around $18 million received from National Petroleum Construction Company.
Monika Hausenblas, Royal Dutch Shell’s Executive Vice President Safety & Environment has been named Chair of the International Association of Oil & Gas Producers
BHP has announced an enormous loss, as well as massive management shakeups that have seen division heads get the chop as it changes its dividend policy.
Increasing concerns over rising economic risks has caused a surge in mining stocks as investors flock to stable assets.
AGL has announced it will no longer carry out operations in gas production and exploration, and will exit its gas assets.
New coal seam gas field testing of Tight Radius Drilling (TRD) technology at an operation in the Bowen Basin is delivering successful results.
Standard & Poor’s has downgraded BHP’s credit rating as commodity prices continue to slump, with more companies expected to follow.
It’s been a shaky start to 2016 for global stock markets, with substantial falls across all international markets, followed by some weak rallies, but why does the market continue downwards?
This year looks to be another one of increased volatility as the market see-saws in different directions. This infographic investigates the path gold may take in 2016.
Australia has signed an MoU on Bilateral Co-operation with Colombia, tying together the two nations energy sectors.
This year’s Periodic Table of commodity returns highlights what may be on of the worst years on record, with no growth recorded.
Just this week, the cost of a barrel of crude reached a 12-year-low of US$27, down from more than $100 a little more than year ago. And that may not be the end of it, according to some in the industry.
Citigroup has again wound back its forecasts on commodities as general market bearishness takes hold.