header nav1

Oil & Gas News

Tuesday August 14, 2018

Loading Icon
Auctioning Oil Rights in Argentina Test Market Reform
Mining
Friday March 16 2018

Auctioning Oil Rights in Argentina Test Market Reform

Oil majors are evaluating bids for offshore exploration rights in Argentina, a major change in a country that sent Spanish energy giant Repsol packing six years...

British Columbia Approves Expansion of Kinder Morgan Pipeline
Environment
Friday January 13 2017

British Columbia Approves Expansion of Kinder Morgan Pipeline

British Columbia on Wednesday gave the green light to Kinder Morgan Inc's plan to nearly triple its Trans Mountain oil pipeline, which runs from Canada's oil...

Woodside to Cut More Than 300 Jobs
Mining
Wednesday February 18 2015

Woodside to Cut More Than 300 Jobs

Woodside Petroleum plans to cut more than 300 jobs this year as it slashes costs following a sharp fall in the oil price.

BP Cuts 200 Staff as Oil Prices Continue to Fall
Mining
Monday January 19 2015

BP Cuts 200 Staff as Oil Prices Continue to Fall

BP has announced it will cut an estimated 200 staff jobs and another 100 contracting jobs in light of falling oil prices.

BP Fined Billions Over Gulf Oil Spill
Environment
Saturday January 17 2015

BP Fined Billions Over Gulf Oil Spill

A US judge says energy giant BP faces a maximum fine of $US13.7 billion ($A14.82 billion) for the 2010 Gulf of Mexico oil spill, a sum...

ACCC Probes Woodside’s Apache Deal
Mining
Wednesday January 14 2015

ACCC Probes Woodside’s Apache Deal

The consumer watchdog is probing Woodside Petroleum's $US2.75 billion purchase of LNG assets from a US energy giant, over concerns the deal could lift gas prices.

Woodside May Deliver Lower Dividend
Mining
Wednesday January 14 2015

Woodside May Deliver Lower Dividend

Shareholders in Australia's largest oil and gas producer Woodside Petroleum are set to pocket smaller dividends this year if oil prices remain weak.

South Australia Libs Call for Fracking Inquiry
Mining
Wednesday November 12 2014

South Australia Libs Call for Fracking Inquiry

South Australia's Liberal opposition is putting investment at risk by calling an inquiry into fracking, oil and gas producer Santos says.

Worley Pushes Further Into Advisory Market
Mining
Tuesday September 16 2014

Worley Pushes Further Into Advisory Market

Australian engineering giant Worley Parsons has pushed further into the advisory business, snapping up Houston based resource management consulting outfit MTG in its first acquisition since...