Oil prices rose up to 2 per cent overnight, hitting five-month highs, on expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and US sanctions against Iran and Venezuela. International benchmark […]
Oil Search has signed an agreement with Papua New Guinea for the Papua LNG Project, enabling initial work to begin on the development. Oil Search says the deal will allow it, France’s Total SA and […]
Australian shares are trading flat as falls from the big banks offset strong gains in the energy sector. The benchmark S&P/ASX200 index was down 4.3 points, or 0.07 per cent, to 6,217.1 points at 1200 AEST […]
Owner-occupier and investment lending rose in February, but weakness in business finance pulled total lending commitments lower. The value of new lending commitments to households rose 2.6 per cent to $32.13 billion in February, according to […]
It is now up to the Queensland government to sign off on two key environmental approvals for Indian mining giant Adani’s massive coal mine to go ahead. The company’s revised plan for managing groundwater at […]
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