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LNG – long term market tightness

Key producers of LNG have stated that LNG demand is likely to be higher than supply in the long term unless a significant amount is added to the market. Natural gas is becoming a global commodity for...

New Multi Billion Dollar LNG Project for NT

The Northern Territory Government has stated it will contribute $250,000 towards a feasibility study into adding a second production unit at the existing 3.6 million tonne a year ConocoPhillips...

Decision to ease pressure on electricity bills

The Australian Energy Regulator (AER) Friday released its final determination for the amount Powerlink can recover from electricity customers over the next five years. Electricity transmission...

Canberra should invest in gas pipeline

The Turnbull Government must commit to a gas pipeline in Queensland as part of a long-term package to tackle the looming east coast gas shortage. Natural Resources Minister Dr Anthony Lynham said...

Qld coal land open for bidding!

More than 270 square kilometres of central Queensland, in one of the world’s leading coal production regions, is open for bids from explorers. Minister for State Development and Minister for Natural...

No support for Adani from Westpac

Westpac appears to have ruled out funding the controversial Adani mine by limiting lending to basins that are already producing thermal coal. Australia’s oldest bank on Friday published a climate...

Caterpillar sales jump -first quarter

Caterpillar (NYSE:CAT) shares have jumped after the company reported a profit for the first quarter of 2017. It was the first time they recorded a profit in more than 2 years, with an increase in...

BHP COPPER OUTPUT SLUMPS

Mining giant BHP Billiton reported a slump in copper output Wednesday as strike action at the world’s largest mine for the metal dented production, while flagging the sale of some US shale assets...

“Green” fuel exports could replace coal and gas

The Australian Renewable Energy Agency is next week expected to announce that hydrogen projects will become a major priority for investment in 2018. With this move, Australia would maintain it’s...

Mining towns will survive: new report

Despite the mining boom coming to an end, a new report says mining towns will find a way to survive. The Productivity Commission investigated the transition of regional economies and found most...