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AUSTRALIAN PETROLEUM PRODUCTION
Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources sayUS-Israel Iran War: Kuwait Petroleum Corporation is seeking offers for its oil pipeline network despite regional tensions. Macquarie has ex...
Dollar poised for second weekly gain with no end in sight for Iran warThe US dollar is strong, seen as a safe haven amid global market chaos. The euro is weak, and Japan might intervene to support the yen. Oil...
India's export to Australia recording healthy growth; trade pact completes 3 yearsIndian exports to Australia will become duty-free for all product categories starting January 1, 2026. This move follows an interim trade p...
India, Australia to include e-commerce in final free trade pact: Australian ministerThe two countries have agreed to have an interim or early harvest trade agreement by Christmas and final free trade agreement or Comprehens...
India, Australia agree to sign a Comprehensive Economic Cooperation Agreement by 2022 endBoth sides will exchange offers on the proposed deal by October end, the visiting Australian minister for trade, tourism and investment Dan...
Australian shares close lower as spiralling pandemic stokes recovery fearsThe Australian energy index declined 2.9% on weaker oil prices. Santos fell 5%, while Woodside Petroleum lost 2%.
Australia shares give up gains on virus worries; Fed decision awaitedThe S&P/ASX 200 index fell 0.2% to 6,006.4 in low-trading volume after rising 0.5% earlier.
Dollar firm, Aussie pressured before Chinese, European dataThe dollar index against a basket of six key rivals was steady at 97.542.
India, Australia agree to strengthen energy tiesIndia and Australia today agreed on enhancing cooperation in clean coal technology, renewable power and LNG in a bid to meet the burgeoning...
Former Australian judge Michael Hudson McHugh withdraws from arbitration of RIL gas disputeThe SC had named McHugh, former judge of the High Court of Australia, as the third arbitrator in the dispute over cost recovery in KG-D6 ga...
- ONGC plans to commence oil and gas production from Krishna Godavri basin in a month
State-run ONGC plans to commence oil and gas production from the Krishna Godavri basin in a month and start pumping hydrocarbons from anoth...
- Australia's Leighton wins $5.3 bn coal contract
Australian contractor Leighton Holdings on Thursday said it had won a 22-year coal mining contract with India's state-owned NTPC power comp...
- BG to pump $15 bn into Australian LNG project
The project in Queensland state, which is scheduled to start fuel shipments in 2014, is among more than a dozen proposed LNG developments i...
- Guj NRE Coke to invest $450mn in Australian mines by 2015
Coal miner major Gujarat NRE Coke on Monday said it would invest $450 million in its coal mines in Australia to take in the next five years.
- Explorers from Aus, Canada show greater interest in NELP 8
India's big oil and gas finds at Barmer and KG basin have attracted many bids from Australian and Canadian explorers in NELP VIII, the coun...
- Woodside posts 67 pc interim profit hike
Australia's second-largest oil and gas producer, Woodside Petroleum Ltd, said it expects to accelerate production after posting its record ...
- BHP Billiton posts record $15.4 bn profit
The world's biggest miner BHP Billiton on Monday announced record annual net profits of $15.39 billion (10.46 billion euros), driven by soa...
- Australia may gain rich undersea gas, oil deposits
Australia may have gained rich undersea gas and oil deposits when the UN granted it huge swathes of territory this week but reaching them r...
- RIL in talks with Eni for stake swap in East Timor
Reliance Industries (RIL) is in talks with Italian oil explorer Eni SpA for a stake swap in East Timor.
- BHP posts record $11bn profit
BHP Billiton, the world’s largest miner, has posted a record annual net profit of $10.5bn and delivered an upbeat outlook amid unprecedente...