Oil
From Miss Australia to oil boss: Suellen Osborne’s nation-building plan
An Australian company wants to develop onshore oil and gas in Timor-Leste that may help arrest the tiny country’s alarming decline in government revenue.
- by Anne Hyland
Latest
Opinion
Putin's Russia
Putin’s choice: The war or his people
Russia’s economy is starting to buckle as the West tightens its grip, and there’s no relief in sight. Vladimir Putin may have a decision to make.
- by Stephen Bartholomeusz
Opinion
World markets
The oil cartel is caught in the trap that it set
The Saudi Arabia-led OPEC+ cartel hatched a plan to tighten its grip over the world’s oil prices. It has backfired spectacularly.
- by Stephen Bartholomeusz
$80b oil and gas merger will beat competition concerns, says industry
Analysts say oil and gas majors Woodside and Santos can overcome competition concerns.
- by Simon Johanson
Analysis
COP28 Dubai
What COP28 achieved – and what it failed to do
For the first time in COP’s 28-year history and in the face of fierce opposition from some states, fossil fuels were explicitly named in the event’s final text.
- by Nick O'Malley
Another land grab attempt is underway, this time on the other side of the world
Following massive offshore oil discoveries in the region and with elections coming, the Venezuelan president appears to have taken a leaf out of Putin’s playbook.
- by Regina Garcia Cano and Jorge Rueda
Origin shareholders billed $77.7m for failed deal
Advisers from law firms to investment banks are the biggest winners after Origin shareholders rejected a multi-billion-dollar takeover offer from Brookfield and EIG Partners.
- by Anne Hyland
Opinion
Opinion
Deferred meeting of OPEC+ points to dissent in the oil cartel
The oil producers’ meeting has been postponed to next week amid reports that members of the cartel are divided on how to respond to a slump in oil prices and the conflict in Gaza.
- by Stephen Bartholomeusz
Why are oil prices falling while war rages in the Middle East?
The market appears to have blocked out the war in Gaza and for there to be a material disruption in oil supply, its effects would need to spread to the gigantic oil fields of Saudi Arabia, Iraq or Iran.
- by Stanley Reed
CSIRO accused of allowing BP to vet research on catastrophic oil spill
A US law firm claims that BP has used CSIRO research it was allowed to vet in its defence against lawsuits launched over injuries allegedly caused by the world’s largest oil spill.
- by Nick O'Malley