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  • Woodside Petroleum Announces Significant Gas Intersections
    News - 16 Aug 2010
    Woodside Petroleum Ltd (ASX:WPL), shares rose to a one month high after gaining 2.5 % after its Alaric-1 prospect offshore intersected gas pays over several zones. As per the company statement,...
  • Proposal for a Single National Regulatory Body for Oil and Gas in Australia
    News - 12 Aug 2010
    Yet another pre-election promise involves setting up a single national regulatory body for the oil and gas industry as per Resources Minister Martin Ferguson. The single national body would be...
  • Zijin Mining Group to Shift Focus from Overseas Expansion to Safety and Environment in China
    News - 10 Aug 2010
    Toxic leaks, oil spills and fires seem to be plaguing Zijin Mining Group Co. The biggest gold producer in China has decided to slow down its pace of expansion overseas to focus on strengthening the...
  • Paladin Energy Inks Deal with Guangdong Nuclear Power
    News - 8 Aug 2010
    Paladin Energy (ASX: PDN) has entered a memorandum of understanding with China's biggest nuclear power company Guangdong Nuclear Power. The Perth based company has been negotiating this long...
  • BP Inches Closer to Capping Macondo
    News - 4 Aug 2010
    Another effort to finally plug the oil leak in the Gulf of Mexico is being made by BP at its Macondo prospect. This time the company is pumping heavy drilling mud in an attempt to plug the ruptured...
  • Tony Hayward Out Robert Dudley In as CEO of BP
    News - 26 Jul 2010
    Tony Hayward the Chief Executive of BP is set to be replaced by Robert Dudley. The disaster of the oil spill in the Gulf of Mexico seems to be claiming more than just sea and plant life. The...
  • Woodside Petroleum's Production Affected by Maintenance
    News - 25 Jul 2010
    Woodside Petroleum's production is being affected by the cost of maintenance related closures and asset sales. The oil and gas company has recorded a drop in its second quarter production levels...
  • Big Four Oil Co's Respond to Gulf Disaster with $1 Billion
    News - 22 Jul 2010
    Other big oil companies have taken a lesson from the BP's Gulf of Mexico well explosion and subsequent oil spill. In a bid to improve the image of the industry after the largest environmental...
  • Gulf of Mexico Oil Leeked Plugged
    News - 20 Jul 2010
    BP officials must be heaving a sigh of relief for the first time since April as the new cap on the oil leak seems to be holding, and the gush of oil into the Gulf of Mexico now appears to be...
  • BP to Test New Containment Cap
    News - 20 Jul 2010
    BP is all set to test the new cap that it has placed over its damaged well at the bottom of the Gulf of Mexico. The testing procedure is expected to last from 6 to 48 hours. It is hoped that the...

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