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  • New Drilling Freeze
    News - 24 Jun 2010
    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...
  • Gulf Drilling Ban Over Turned
    News - 23 Jun 2010
    With the Gulf of Mexico dominating U.S. news, now a federal court judge has overturned the ban on drilling imposed by President Obama after the oil spill. The explosion which triggered a massive oil...
  • Strike Action Creating Problems for Woodside Petroleum
    News - 23 Jun 2010
    Woodside Petroleum Ltd. sent a statement to the Australian Securities Exchange warning about delays and rising costs at its Pluto LNG project. The Oil and Gas producer is facing rising construction...
  • Obama Appoints Michael Bromwich as Replacement for Birnbaum
    News - 23 Jun 2010
    Obama appoints a replacement for Elizabeth Birnbaum who has resigned under pressure as the head of the Interior Department’s Minerals Management Agency after just ten months in office. Her...
  • China Inks Seven New Australian Mining Deals
    News - 21 Jun 2010
    Australian Prime Minster Kevin Rudd is seeing the new agreements signed with China in Canberra yesterday as a way at getting back at those criticizing the RSPT. Of the 10 agreements signed 7 are...
  • BP CEO Given Capitol Hill 'Dressing Down'
    News - 18 Jun 2010
    Tony Hayward, BP CEO was given a humiliating dressing down before an energy sub-committee investigating the Gulf of Mexico oil spill. Henry Waxman, Democratic chairman of the Energy and Commerce...
  • Obama Responds to Gulf Oil Spill Criticisms
    News - 16 Jun 2010
    Renewed criticism for Barack Obama and his government in the handling of the oil spill crisis in the Gulf of Mexico has brought the US President for a 3 hour tour of the affected area. The Oil Spill...
  • BP Shares Plummet
    News - 15 Jun 2010
    BP shares plummeted to 355 pence as investors worried about the rising costs of the Gulf of Mexico oil spill crisis. U.S. President Barack Obama visited the spill hit areas and vowed to use all his...
  • Oil Spill at Rio Tinto Refinery, Nhulunbuy Gove Peninsula
    News - 14 Jun 2010
    The Rio Tinto Alcan mine has had a mishap where 70,000 liters of unleaded fuel leaked out of a tank at a Rio Tinto refinery at Nhulunbuy on the Gove Peninsula. The fuel spill has been contained as per...
  • KPMG Says RSPT Will Make Australia Uncompetitive
    News - 14 Jun 2010
    According to data provided by a model produced by KPMG on the mining industry the proposed RSPT from the federal government will make the mining companies in Australia pay 42% higher tax rates than...

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