Oil falls on OPEC v US shale battle
Oil prices fell, rattled by concern over slowing demand, a rising US dollar and increasing US crude output.
Oil prices fell, rattled by concern over slowing demand, a rising US dollar and increasing US crude output.
Prime Minister Malcolm Turnbull wants to buy the NSW and Victorian stakes in Snowy Hydro, a move that could cost Canberra $5.25 billion on top of a planned $2 billion upgrade.
Origin Energy has hired Bank of America Merrill Lynch to work on the proposed float of its $1.5 billion-plus oil and gas arm Lattice Energy.
The Turnbull government is banking on a 2500-km gas pipeline from WA to help solve the east coast gas crisis.
The plant, which employs about 580, has been plagued by industrial unrest.
Some in the Australian gas industry tag Incitec Pivot's chief executive James Fazzino "the kingmaker". He might yet add to that reputation.
Before West Texas Intermediate crude nosedived on Thursday, money managers slashed bets on rising prices by 20 per cent.
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Arrow Energy will double the capacity of one of its gas developments in south-west Queensland as part of a push to open up the majority of i...
Arrow's decision to foreshadow a new round of investment aims to provide politicians with another early public victory in the war on energy ...
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