Tag: Oil and Gas
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]
Celebrities urged to join gas hub fight
Kimberley activists are appealing to Sydney's film glitterati to support their fight against a gas processing hub in northern Western Australia.[MORE]
Regional fuel price drop to take time: FuelWatch
FuelWatch is warning a significant drop in fuel prices may take some time to be felt in regional areas.[MORE]
FuelWatch flags time lag for widespread price drop
FuelWatch is warning a significant drop in petrol prices may take some time to be felt in regional areas.[MORE]
Petrol tipped to fall below $1
Qld's peak motoring body says petrol prices could fall to around 95 cents a litre by next week.[MORE]
Cheap petrol a risk to retailers: RAA
The RAA says very cheap petrol prices pose a risk to some retailers.[MORE]
Oil prices soar towards $US55
Oil prices have roared higher towards $US55 as equity markets surged on government action aimed at tackling a severe economic downturn.[MORE]
Adelaide fuel below $1 a litre
Unleaded fuel drops below $1 a litre in some Adelaide service stations.[MORE]
Larrakia groups hoping to be involved in Inpex project
The Larrakia Development Corporation is confident Inpex will agree to include the Larrakia clause in its future contracts in Darwin.[MORE]
Broken Hill not sharing in bigger fuel price cuts
Fuel prices may be lower around Australia thanks to a drop in oil prices, but the New South Wales Service Station Association says country residents will not be seeing the same price cuts as their metropolitan counterparts.[MORE]
Kurdish rebels claim pipeline explosion
Separatist Kurdish rebels are reported to have claimed responsibility for an explosion at an oil pipeline linking Iraq with southern Turkey.[MORE]
Cheap fuel may be short lived: MTA
The Motor Trade Association (MTA) believes the drop in fuel prices could be short lived. [MORE]