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Energy Industry Set To Soar in 2018

As Australian companies welcome the New Year, IBISWorld’s business information analysts have revealed the top five industries expected to grow – and shrink – in 2017-18. The top predicted performer...

LNG exports – $2 billion for month of May

Oil prices and LNG prices The good news is that May LNG export revenue is likely to have passed $2.0 billion. According to ABS, Australian LNG export revenue in April (the latest month) was $1.851...

Origin Energy gas

Energy giant cops $1.68b loss blaming oil prices

One of the nation’s largest energy producers is fuming about low oil prices that caused the company to lose $1.68 billion after tax in the first half of the financial year. Origin Energy blames...

Woodside Petroleum profits 2014

Woodside Petroleum’s 2014 Record Profits

Woodside Petroleum has achieved a net profit after tax (NPAT) of US$2.414 billion for the full 2014 year and a record operating revenue of US$7.435 billion, the company posted in a statement this...

Mining Tax Only Generated $600,000 Last Quarter

Joe Hockey is claiming that the government only received $600,000 from the Minerals Resource Rent Tax for the June 2014 quarter. A statement from the Federal Treasurer’s office says...