You are viewing the Australian News Edition
Choose the news you want to read
View the site in World Edition, North American News Edition
UK News Edition or Australian News Edition
The oil market continues to look for signs of positive growth in the global economy, but week after week, the news fails to thrill. The oil market got a boost earlier in the week with prices close to US$77 but the gains were
Full story...Australia’s booming natural resources sector, particularly its massive expansion in LNG capacity, means there is interest in any company claiming to sit on a serious amount of natural gas. And when that gas could lie just 20 km
Full story...Having successfully inked farm-in terms for its promising Sugarkane project at the back end of last year, Aurora Oil & Gas can report an acceleration of activity across the South Texas gas and condensate field including the
Full story...As world leaders of industry gathered in Davos and President Obama spoke of hope and a long road to recovery, the oil price weakened slightly as traders saw little immediate impact to the up side. But the good news for the
Full story..."We no longer have a putative project, we have a business". So says Chris Lambert, Chairman of Alton Energy, a London listed, Australia-based company involved in a coal-to-liquids scheme in South Australia.
Full story...It may be keen to build an exploration business in southern England but Norwest Energy has no intention of turning its back on its home territory. The Australian explorer has just signaled its commitment to the North Perth Basin
Full story...A week in the oil market is a long time where inventory levels change, sentiment shifts direction and economic data is revised and revisited. Weakness in the equity markets and a stronger dollar also impacted prices. Last week
Full story...Central Petroleum has got the New Year off to a good start with its five-well campaign in the under-explored emptiness of Australia’s Northern Territory delivering an early discovery. The ASX-quoted company is exploring the coal
Full story...The production profile of PA Resources, the Stockholm- and Oslo-listed E&P, continues to move in the right direction with the company reporting average production numbers of 13,300 barrels per day for Q4 2009, a firm improvement
Full story...The oil price held strong all week until gloomy economic data made traders nervous and resulted in a bit of late selling. Sluggish employment data, the pace of the economic recovery and a potential fall in oil demand is weighing
Full story...The Permian Basin in West Texas and New Mexico is one of the largest and most prolific oil and gas producing basins in the US, having seen an output of more than 30 billion barrels of oil since the first shallow commercial oil
Full story...The sight of crude oil tankers sitting off the Suffolk shoreline is all too common for residents of the old-fashioned seaside town of Southwold.
Full story...Oil producers should be rejoicing as they head into the new year and into the new decade. They can be proud of keeping stability in the market most of the year and against all odds, the oil price has been trading in positive
Full story...The outcome of the Copenhagen conference may make it timely to review David Buchan’s ambitious attempt to analyse the recent history of the energy policy of the European Union (EU). The book is not an easy read, but this is not
Full story...It’ll be remembered as one of the toughest years in recent history, or at least since the great depression. Profits of oil companies and producers were down, but the oil price held steady most of the year. Economic indicators
Full story...
NOTICE UNDER SECTION 708A OF THE CORPORATIONS ACT 2001 (Cth) (Act)
Heritage Oil issues an update on the proposed disposal of its Ugandan Interest
DRILLING REPORT FOR WALLOON COAL MEASURES COAL SEAM GAS PROJECT, PL 171, SURAT BASIN, QUEENSLAND
