Caltex hovers as Woolworths eyes petrol sale
Woolworths has confirmed one of the worst kept secrets in retailing, that it is likely to sell its petrol retailing arm, with a number of offers on the table.
Woolworths has confirmed one of the worst kept secrets in retailing, that it is likely to sell its petrol retailing arm, with a number of offers on the table.
Oil rose to a month high after OPEC agreed to reduce production for the first time in eight years.
A whole new set of winners and losers will emerge if OPEC proceeds with plans to pare oil output.
It could take some time before power is fully restored to all parts of South Australia following the unprecedented state-wide power blackout.
AGL's chief executive Andy Vesey delivered a portrayal of a holistic company with a eye to more than just profit, but shareholders delivered a different verdict.
AGL has caught the market by surprise with a $600 million share buyback, while hiking its dividend payout ratio.
Saudi Arabia gave the strongest indication yet it's ready to compromise with regional rival Iran.
Oil fell after Iran said it wants to raise its production to 4 million barrels a day.
Oil investors turned bearish at the fastest pace in more than a year as they lost confidence that OPEC will reach a deal with other producers to limit supply at a gathering this week in Algiers.
The demise of coal has been effectively rebutted with the five-fold surge in the share price of Whitehaven Coal.
Oil prices bounce ahead of OPEC meeting this week.
Energy market traders are expecting prices to rise by 10 per cent if the plant shuts.
Did a recent jolt signal the peak for renewable energy?
Deepening pay stoush could put the grid under pressure heading into summer.
Premier Mike Baird says the unsolicited bid will be thoroughly assessed by the NSW government
Oil climbed to a two-week high after rival OPEC members Saudi Arabia and Iran met in Vienna again.
Papua New Guinea is backing a new greenfield liquefied natural gas facility led by France's Total.
Oil was little changed after Algeria said OPEC may turn its informal meeting into a formal one.
The surge in the price of coking coal has by-passed miner New Hope which has reported rising losses - but that hasn't stopped it lifting the CEO's pay.
You should never accept an electricity retailer's 'standard offer', because you'll be simply covering the amount it costs them to offer discounts to others.
Renewable energy project could lead post-coal energy future.
Oil fell to a one-month low in New York on speculation that the global surplus is poised to widen.
Court stoush pits Li Ka-Shing's companies against the Australian arm of one of world's biggest investment banks.
Oil extended declines on speculation that a drop in US crude inventories will prove temporary.
Watchdog warns Victoria's ban will lift costs for business and consumers.
This year's dip will come on top of a 25 per cent fall in spending in the sector in 2015.
An abrupt deterioration in demand growth and rising supply will prolong the oil glut well into 2017.
The surge in coking coal prices has prompted analysts to upgrade earnings forecasts for coal miners
A controversial coal mine in Sydney's catchment area is seeking to expand despite "very significant" impacts.
Origin Energy is replacing its longstanding chief executive, Grant King, with, Frank Calabria, rekindling the possibility of a restructure
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