Timor buys Greater Sunrise share for $484m
East Timor's former president and prime minister Xanana Gusmao has taken the first step in a planned $US5 billion ($6.9 billion) gamble to create an onshore gas-processing industry.
Scott Morrison defends rising carbon dioxide emissions
Scott Morrison told ABC's Insiders program that Australia would meet its international climate obligations easily despite the most recent official government projections saying the nation will fall short
Aurizon wants compo for carrying coal
Aurizon and other infrastructure owners want compensation for the risk their rail lines and ports could be made obsolete by the shift from fossil fuels.
Santos boss says oil prices won't go much higher
Santos CEO Kevin Gallagher says its unlikely oil prices will keep on climbing beyond $US81 per barrel and LNG exports will do more for emissions reduction than any government policy could ever achieve.
Petrobras fined $1.2b in bribery case
Brazil's state-owned oil company will pay $1.2 billion fine on charges its executives bribed politicians and hid the payments.
Canada to kickstart next LNG investment cycle
Royal Dutch Shell and its partners are set to announce a final investment decision on their $42.5 billion LNG terminal in western Canada as ...
Beach eyes east coast gas in growth push
Beach Energy chief executive Matt Kay has outlined a target to increase output by as much as 54 per cent within five years.
Alinta sees ongoing role for coal
Alinta boss Jeff Dimery is envisaging an ongoing role for coal power for a couple of decades no matter which government is in power.
Coal power plan hits banks' fear of carbon
Trevor St Baker's dream of building a new coal power station partly underwritten by the taxpayer could founder on the reluctance of big bank...
Oil rebounds as Perry rules out strategic crude
Crude erased most of the day's losses after US Energy Secretary Rick Perry said the nation's strategic oil reserves won't be tapped to expan...
