Energy - Australia

Adani’s Australian coal mine languishes for a decade

Adani’s Australian coal mine languishes for a decade

MELBOURNE: An Australia coal mine proposed by India's Adani Enterprises that has been in planning since 2010 has become a lightning rod for a debate...

LNG prices linked to coal are innovative, not game-changing: Russell

LNG prices linked to coal are innovative, not game-changing: Russell

AUSTRALIA: The linking of a liquefied natural gas (LNG) contract to the price of coal is a long-overdue step, but while intriguing it's also unlikely...

Total, partners reach initial agreement on $13 billion Papua LNG project

Total, partners reach initial agreement on $13 billion Papua LNG project

MELBOURNE:  France's Total and its partners signed a long-awaited deal with Papua New Guinea on Tuesday that will allow initial work to start on a...

Oil prices dip after U.S. crude stocks climb

Oil prices dip after U.S. crude stocks climb

SYDNEY: Oil prices dropped on Thursday, extending losses into a second consecutive session, following a surprise build in U.S. crude inventories. International Brent crude oil futures...

Shell, PetroChina spat holds up biggest Australian coal seam gas project

Shell, PetroChina spat holds up biggest Australian coal seam gas project

MELBOURNE: Royal Dutch Shell  and PetroChina are at loggerheads over gas sales pricing at their Arrow Energy joint venture, holding up development of Australia's biggest...

Norway’s Equinor aims to start oil exploration off Australia in 2020

Norway’s Equinor aims to start oil exploration off Australia in 2020

MELBOURNE: Norway's Equinor SA on Tuesday said it plans to explore for oil in deep waters off the coast of South Australia in late 2020...

Oil prices climb as U.S. threatens sanctions against Venezuela

Oil prices climb as U.S. threatens sanctions against Venezuela

SYDNEY: Oil prices rose on Friday as turmoil in Venezuela triggered concerns that its crude exports could soon be disrupted. Washington on Thursday signaled it could...

South Korean firm proposes building LNG import terminal in Australia

South Korean firm proposes building LNG import terminal in Australia

MELBOURNE: A South Korea-based company has proposed building a terminal on Australia's east coast to import liquefied natural gas, the fifth proposal for such a...

Crude oil focuses on Trump, Putin, Bin Salman nexus, but China looms: Russell

Crude oil focuses on Trump, Putin, Bin Salman nexus, but China looms: Russell

LAUNCESTON, Australia: The crude oil market is likely to be fixated in coming days on the interactions of U.S. President Donald Trump, his Russian counterpart...

LNG is the new shale oil with the US as disruptor-in-chief: Russell

LNG is the new shale oil with the US as disruptor-in-chief: Russell

LAUNCESTON: Crude oil is likely to spring to mind if one is asked to name a commodity where the United States is disrupting the market...