Business

BHP lifts iron ore output, limits oil

BHP Billiton has been able to cash in on surging iron ore prices.

BHP has boosted output of iron ore to record levels while prolonging its curtailment of oil and gas output in the US as it waits for prices to improve, its latest production report shows.

Trump opens door for Keystone

Trump is wasting no time to rescind some of his predecessor's key policy initiatives.

​President Donald Trump moved assertively to further dismantle his predecessor's policies: the Keystone XL pipeline is back.

Energy retailer fined after targeting elderly

Energy retailer pinged for alleged sales breaches

Residents of a nursing home and a retirement village were among consumers switched by energy retailer Simply Energy to new supply contracts without obtaining their consent, resulting in a stiff fine.

Oil halts four-week climb

While oil has advanced since the deal among members of the OPEC and 11 other nations to temper global supply, it has ...

Oil is poised for its first weekly decline in more than a month as traders await proof of global production cuts.

Oil lower amid OPEC doubts

"Too much faith has been put in OPEC and the other countries that have promised cuts," John Kilduff, a partner at Again ...

Oil fell as the $US strengthened while doubts persisted about the ability of OPEC and its partners to balance the market.