Tag: Oil and Gas
Forest group says more pressure needed for gas blast compo
The Forest Industries Federation says it can only seek compensation for financial losses sustained during the gas crisis if the Western Australian Government applies more pressure on Apache to admit culpability.[MORE]
Kimberley Land Council rejects Woodside offer
Aboriginal people in the Kimberley have rejected a multi-million dollar compensation offer from Woodside for a proposed gas-processing hub.[MORE]
Govt to set up 'independent' inquiry into gas explosion
The Westen Australian Government says it will conduct a third, independent, inquiry into an explosion at Apache Energy's gas processing plant on Varanus Island.[MORE]
Oil prices slide under $US45 per barrel
Oil prices tumbled under $US45 to reach their lowest level since February 2005 after more weak US economic data sparked concern about slowing global energy demand.[MORE]
Enjoy lower petrol prices 'while you can'
The RACQ says petrol prices in south-east Queensland are the lowest in four years.[MORE]
Senate committee to table Varanus Is gas blast report
The Senate Economics Committee will table its report on the impact of the Varanus Island gas explosion to the Senate today.[MORE]
Calls for explanation on high petrol prices
Tasmania's two main motoring organisations have called on the Coles and Woolworths supermarket chains to explain the high price of fuel in Tasmania. [MORE]
Supermarkets on notice to explain petrol prices
The RACT has called on Coles and Woolworths to explain their petrol prices. [MORE]
Polluters meet to discuss ETS
Some of Australia's biggest carbon emitters have told a forum in Brisbane that they are committed to reducing their greenhouse gas levels. [MORE]
Darwin petrol prices too high: expert
An expert says Darwin motorists are the most 'ripped off' in Australia. [MORE]
Petrol falls below $1 a litre
Fuel prices in Perth will fall below $1 a litre today for the first time in almost two years.[MORE]
Recession will dampen oil prices: OPEC
The oil producers' group OPEC has predicted that the price of oil will not rise again until the middle of next year. [MORE]
$US75 'a fair price' for oil: Saudi Arabia
Saudi Arabia has identified $US75 a barrel as a fair price for oil, the first time in years the world's leading crude exporter has cited a price target. [MORE]
Researchers develop method to store gas at sea
Feature
Tasmanian researchers are working on a project that could revolutionise Australia's energy industry.[MORE]
Santos share restrictions to go
Restrictions on buying shares in resource company Santos will be lifted tomorrow.[MORE]
Traditional owners seek more time to consider gas hub site
Traditional owners in the Kimberley say they need more time to consider where a proposed gas hub should be built in the region.[MORE]
Bidding to close for Otway Basin exploration permits
Bidding for four new petroleum exploration licenses in the Otway Basin, near Penola, Lucindale and Tantanoola, closes today at 4:00pm ACDT.[MORE]
Servo group considers Newcastle-Sydney fuel price disparity
The Service Station Association says there are many reasons why Newcastle continues to lag behind Sydney in falling fuel prices.[MORE]
Sun Coast fishers relieved at fuel price drop
It is not just Sunshine Coast motorists who are welcoming the recent reduction in fuel prices - lower petrol costs also mean a happier Christmas for the local fishing industry.[MORE]
Alkatiri to coordinate gas plan
East Timor's former prime minister Mari Alkatiri has been appointed to coordinate negotiations over the development plan for the Greater Sunrise gas field.[MORE]
Inpex holds community meetings in Darwin
Inpex has held its first community forum in Darwin, hearing some concerns about its planned gas plant. [MORE]
Country drivers told not to expect city fuel prices
The RAA says country motorists are not going to see petrol at the same $1 a litre mark that Adelaide drivers have enjoyed.[MORE]
Watchdog highlights fuel 'rip-offs'
The petrol price watchdog FUELtrac says residents in the Wide Bay and on the Cooloola Coast are being ripped off by some service stations and transport operators.[MORE]
Petrol price investigation urged
The Motor Trade Association wants the consumer watchdog to investigate petrol prices in Adelaide.[MORE]