Business

Push to block Narrabri gas heading interstate

Construction of the Eastern Gas Pipeline between Nowra and Nerriga, NSW.

The backers of a proposed project to pipe gas from Narrabri, in north west NSW, to Newcastle, are seeking government backing to force the gas from the project to be sold in NSW, rather than be transported across state borders for export abroad.

Buyers queue for BHP's $1.1bn Chile copper mine

A worker at the BHP Billiton Copper mine at Escondida, Chile in this undated photo.(AP Photo/BHP Billiton, HO) ** ...

Canada's Teck Resources , Lundin Mining and HudBay Minerals are among a number of suitors that have submitted bids for BHP Billiton's Cerro Colorado copper mine in Chile, people familiar with the matter said.

Mine rehabilitation is 'inadequate and vague'

Hunter Valley coal mines: Rehabilitation arrangements have come under scrutiny.

Provisions to rehabilitate the state's 450 mines in NSW are inadequate, their required outcomes vague, and the risks of long-term failure are uncovered, according to a report by the Auditor-General.

Oil tumbles to month low

Libya is pumping oil at the highest rate since December 2014, Mustafa Sanalla, chairman of the National Oil Corp, said.

Oil closed at the lowest in more than a month as Libyan output surged, and Saudi Arabia cut prices to Asian customers.

Westpac branded as 'wimps' over coal pledge

Westpac says it needs to meet the government to determine the impact of the new tax on the bank's earnings.

Westpac's decision to effectively rule out lending to the proposed giant Adani coal mine in Queensland has drawn praise from environmentalists but derision from the government and industry.

US refiners boost output

Refinery crude runs rose by 347,000 barrels per day to a record 17.3 million bpd and utilisation rates rose to 94.1 per ...

​US crude oil inventories fell sharply and stockpiles of gasoline jumped last week as refiners hiked production rates.