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Tag: Oil and Gas

Petrol falls below $1 a litre

December 1, 2008 09:00:00

Fuel prices in Perth will fall below $1 a litre today for the first time in almost two years.[MORE]

Tags: business-economics-and-finance, oil-and-gas, wa, perth-6000

Recession will dampen oil prices: OPEC

November 30, 2008 20:26:00

The oil producers' group OPEC has predicted that the price of oil will not rise again until the middle of next year. [MORE]

Tags: business-economics-and-finance, oil-and-gas, international-financial-crisis, egypt

$US75 'a fair price' for oil: Saudi Arabia

November 29, 2008 20:27:00

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]

Tags: business-economics-and-finance, industry, oil-and-gas, saudi-arabia

Researchers develop method to store gas at sea

Feature

November 28, 2008 14:23:00

Tasmanian researchers are working on a project that could revolutionise Australia's energy industry.[MORE]

Tags: oil-and-gas, research, australia, tas, wa

Santos share restrictions to go

November 28, 2008 12:01:00

Restrictions on buying shares in resource company Santos will be lifted tomorrow.[MORE]

Tags: company-news, oil-and-gas, business-regulation, sa, adelaide-5000

Traditional owners seek more time to consider gas hub site

November 27, 2008 15:33:00

Traditional owners in the Kimberley say they need more time to consider where a proposed gas hub should be built in the region.[MORE]

Tags: oil-and-gas, aboriginal, broome-6725, karratha-6714

Bidding to close for Otway Basin exploration permits

November 27, 2008 15:24:00

Bidding for four new petroleum exploration licenses in the Otway Basin, near Penola, Lucindale and Tantanoola, closes today at 4:00pm ACDT.[MORE]

Tags: mining, oil-and-gas, lucindale-5272, mount-gambier-5290, penola-5277, tantanoola-5280

Servo group considers Newcastle-Sydney fuel price disparity

November 27, 2008 13:06:00

The Service Station Association says there are many reasons why Newcastle continues to lag behind Sydney in falling fuel prices.[MORE]

Tags: economic-trends, oil-and-gas, newcastle-2300

Sun Coast fishers relieved at fuel price drop

November 27, 2008 09:47:00

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]

Tags: economic-trends, oil-and-gas, fishing-aquaculture, maroochydore-4558

Alkatiri to coordinate gas plan

November 26, 2008 20:01:00

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]

Tags: business-economics-and-finance, oil-and-gas, nt, darwin-0800, east-timor

Inpex holds community meetings in Darwin

November 26, 2008 17:06:00

Inpex has held its first community forum in Darwin, hearing some concerns about its planned gas plant. [MORE]

Tags: oil-and-gas, darwin-0800

Country drivers told not to expect city fuel prices

November 26, 2008 13:36:00

The RAA says country motorists are not going to see petrol at the same $1 a litre mark that Adelaide drivers have enjoyed.[MORE]

Tags: oil-and-gas, mount-gambier-5290, renmark-5341

Watchdog highlights fuel 'rip-offs'

November 26, 2008 11:37:00

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]

Tags: consumer-protection, oil-and-gas, road-transport, bundaberg-4670

Petrol price investigation urged

November 26, 2008 08:00:00

The Motor Trade Association wants the consumer watchdog to investigate petrol prices in Adelaide.[MORE]

Tags: consumer-protection, oil-and-gas, sa, adelaide-5000

Celebrities urged to join gas hub fight

November 25, 2008 15:17:00

Kimberley activists are appealing to Sydney's film glitterati to support their fight against a gas processing hub in northern Western Australia.[MORE]

Tags: arts-and-entertainment, feature-films, oil-and-gas, environmental-management, activism-and-lobbying, sydney-2000, broome-6725, karratha-6714

Regional fuel price drop to take time: FuelWatch

November 25, 2008 15:00:00

FuelWatch is warning a significant drop in fuel prices may take some time to be felt in regional areas.[MORE]

Tags: consumer-protection, oil-and-gas, broome-6725, karratha-6714

FuelWatch flags time lag for widespread price drop

November 25, 2008 14:47:00

FuelWatch is warning a significant drop in petrol prices may take some time to be felt in regional areas.[MORE]

Tags: consumer-protection, oil-and-gas, bunbury-6230

Petrol tipped to fall below $1

November 25, 2008 08:38:00

Qld's peak motoring body says petrol prices could fall to around 95 cents a litre by next week.[MORE]

Tags: business-economics-and-finance, economic-trends, industry, oil-and-gas, community-and-society, australia, qld, brisbane-4000

Cheap petrol a risk to retailers: RAA

November 25, 2008 07:45:00

The RAA says very cheap petrol prices pose a risk to some retailers.[MORE]

Tags: oil-and-gas, sa, adelaide-5000

Oil prices soar towards $US55

November 25, 2008 06:03:00

Oil prices have roared higher towards $US55 as equity markets surged on government action aimed at tackling a severe economic downturn.[MORE]

Tags: business-economics-and-finance, economic-trends, industry, oil-and-gas, international-financial-crisis, united-states

Adelaide fuel below $1 a litre

November 24, 2008 16:32:00

Unleaded fuel drops below $1 a litre in some Adelaide service stations.[MORE]

Tags: economic-trends, oil-and-gas, sa, adelaide-5000

Larrakia groups hoping to be involved in Inpex project

November 24, 2008 13:49:00

The Larrakia Development Corporation is confident Inpex will agree to include the Larrakia clause in its future contracts in Darwin.[MORE]

Tags: business-economics-and-finance, oil-and-gas, darwin-0800

Broken Hill not sharing in bigger fuel price cuts

November 24, 2008 09:02:00

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]

Tags: oil-and-gas, broken-hill-2880

Kurdish rebels claim pipeline explosion

November 23, 2008 08:33:00

Separatist Kurdish rebels are reported to have claimed responsibility for an explosion at an oil pipeline linking Iraq with southern Turkey.[MORE]

Tags: oil-and-gas, unrest-conflict-and-war, terrorism, iraq, turkey, kurdistan

Cheap fuel may be short lived: MTA

November 22, 2008 12:35:00

The Motor Trade Association (MTA) believes the drop in fuel prices could be short lived. [MORE]

Tags: automotive, oil-and-gas, australia, wa