Tag: Oil and Gas
BP oil spill bill tops $8 billion
Oil giant BP says the Gulf of Mexico oil spill has cost the British company $8.79 billion so far.[MORE]
'Wind up' order sought on Great South Land Minerals
Legal action has been launched against Tasmanian exploration company Great South Land Minerals over allegations it has failed to pay a contractor.[MORE]
Authorities say no sign of oil after Gulf rig explodes
The US Coast Guard says there is no sign of an oil slick after another oil platform explosion in the Gulf of Mexico.[MORE]
Company fined over outback rigger's death
A company has been fined $140,000 and must compensate the family of a rig worker who died in the outback.[MORE]
Profit slump for Beach Energy
Beach Energy has reported a $33 million net profit for the year to the end of June.[MORE]
New gas plant owners say 'exciting times' ahead
The new owners of a coal seam gas plant at Moura, south-west of Gladstone in central Queensland, say they hope to double production within the next year. [MORE]
Delegation explores coal seam gas mining potential
A delegation from the far west has seen first hand the effects of coal seam gas mining during a visit to Queensland.[MORE]
Oil spill clean up moves to shoreline
Newcastle Port officials will resume cleaning up an oil spill in the harbour today as RSPCA workers continue to care for sick birds.[MORE]
Fate of biofuel depends on oil price stability
Future oil prices will determine whether a biofuels industry can succeed in Australia, experts say.[MORE]
Santos profit jumps on higher prices
The South Australian-based oil and gas producer Santos has seen its half-year profit almost double, because of higher commodity prices.[MORE]
Minister 'angry' about company report into contaminated bores
The Qld Government says it is not happy with a company report into contaminated ground water supplies near a Kingaroy UCG project.[MORE]
Tourism companies concerned over Inpex blasting
Tourism Top End says many of its members are concerned that a plan by Inpex to blast a shipping lane in Darwin Harbour up to three times a day for 14 months could disturb wildlife.[MORE]
Origin profit disappoints
Origin Energy has announced a massive fall in its full-year profit, despite an increase in revenue.[MORE]
Thousands of dead fish found at Mississippi's mouth
Thousands of fish have turned up dead at the mouth of the Mississippi River, prompting authorities to check whether oil was the cause of the mass death.[MORE]
Caltex profit slides, shares rise
Caltex has posted an expected slide in profit because of exchange rate fluctuations and maintenance closures at its sites.[MORE]
Gillard's gas field remarks anger East Timor
East Timor has taken exception to comments by Prime Minister Julia Gillard on the development of a gas field in the Timor Sea.[MORE]
Farmers raise coal seam gas concerns
A group of farmers from the far west say coal seam gas explorations in the region are not worth the damage they could cause to local aquifers.[MORE]
BP accused of withholding oil spill documents
The owner of the rig involved in the Gulf of Mexico disaster has accused oil giant BP of hiding key data needed for an investigation probe.[MORE]
Company sought to service offshore gas industry
Chief Minister Paul Henderson is calling for expressions of interest to try to attract a private company to Darwin to service the offshore oil and gas industry.[MORE]
Scots create whisky-based fuel
Scientists in Scotland have unveiled a biofuel developed from the by-products of the whisky distillation process.[MORE]
Nearly 80pc of Gulf spill oil still in water: experts
Nearly 80 per cent of the oil spilled from a BP well in the Gulf of Mexico is still in the gulf, US scientists have estimated, challenging a more optimistic assessment by the US government earlier in the month.[MORE]
Woodside half-year profit nears a billion
Higher commodity prices have pushed Woodside Petroleum's half-year profit to almost $1 billion dollars.[MORE]
Storm damaged cruise ship repaired
Luxury Norwegian cruise ship the Finnmarken, which was badly damaged off the Pilbara coast, has been repaired. [MORE]
Gas company to investigate outage
The New South Wales Government says the company distributing gas to the Southern Highlands is best placed to investigate a major outage that occurred in May.[MORE]
Obama declares Gulf beaches open for business
Barack Obama went swimming off the coast of Florida trying to show that the region hit by the BP oil spill was safe for tourists to enjoy.[MORE]
