Peter Voser of Royal Dutch Shell asserts deep water drilling will continue despite the BP oil spill cleanup challenges and rising safety concerns.
WorleyParsons an Australian engineering company and part of a consortium with the Canadian engineering and construction group SNC-Lavalin issued a statement on Monday saying that it had been awarded a contract to provide Vale’s S11D processing facility with engineering services.
The proposed mining tax faces uncertainty, with public support dwindling and concerns over its impact on jobs and the economy lingering among stakeholders.
The resumption of gas supply to Belarus by Gazprom raises questions about Russia's reliability as an energy supplier amid ongoing geopolitical tensions.
Wuhan Iron & Steel Corp, the Chinese government controlled steel giant has signed a Memorandum of Understanding (MoU) with Australian company Riversdale Mining Ltd.
Industry leaders, including Andrew Forrest, push back against the mining tax, labeling it 'toxic' and calling for its immediate repeal under new leadership.
Sundance is trying to get a second rescue team to try and salvage the bodies from the crash site in Africa. Sundance Resources Ltd lost its entire board of six members in the aircraft crash on Saturday on the western ridge of Congo's Avima Range, near the Gabonese border.
The ousting of Kevin Rudd leads to a surge in mining stocks, driven by a potential shift in the Resources Super Profits Tax under Julia Gillard's leadership.
Prime Minister Kevin Rudd may have quit making place for Julia Gillard to take over the Labour party leadership, but his proposed Resources Super Profits Tax has received an ally in the International Monetary Fund. The deputy head of the IMF's tax policy division, Philip Daniel said that the IMF staff welcomes the RSPT tax proposal in principle.
Interior Secretary Ken Salazar said on Wednesday that he has plans to issue a new drilling freeze which might be refined to reflect the offshore conditions. He was speaking to a Senate subcommittee as he explained that the new order was still being developed.
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