News Archive

2010

2009

Oil Prices News

Trading thin but stocks up again

Saturday March 20, 2010
THE sharemarket continued its cautious climb higher, closing with a small gain on thin trading volumes.

'Consolidation pattern' shows oil still in wait-and-see mode

Tuesday March 16, 2010
OIL prices are waiting for a signal from markets and oil producers to move out of a six-month trading range, but are unlikely to return to the historical highs experienced in mid-2008, according to Mark Umansky, this week's technical analyst.

Sitting in traffic to cost city $6bn by 2020

Friday March 5, 2010
THE cost of bumper-to-bumper traffic in Melbourne is set to double by 2020, with gridlock sapping $20.4 billion from the national economy by then if action isn't taken.

Oil Search pins hopes on Papua New Guinea LNG project

Wednesday February 24, 2010
OIL SEARCH says a third processing train of liquefied natural gas at its $US15 billion ($16.7 billion) Papua New Guinea project could supply gas by as early as 2015, with a potential fourth train to follow shortly afterwards.

Arrow hopes buyout will push LNG project ahead

Friday February 12, 2010
ARROW ENERGY is aiming to grab control of a liquefied natural gas project by buying out the share of its joint-venture partner, LNG Ltd, for $51 million.

Iron ore miners rise on contract hopes

Thursday January 7, 2010
HIGH prices on the spot iron ore market are fuelling speculation that Australian producers will secure high contract prices in their negotiations this year with Asian steel makers.

Australia sitting pretty €“ home on the boom's back

Saturday August 1, 2009
The resources boom: good while it lasted but now, like all booms, been and gone. Bust. Is that what you think? Don't.

Woodside's bold prediction: big plans for Pluto

Saturday July 25, 2009
WOODSIDE has moved to quell doubts that it could move quickly to expand its $12 billion Pluto gas export project, boldly predicting it will award an engineering and design contract for the expansion in the current (September) quarter.

Oil Prices Hit New 2009 High

Tuesday June 2, 2009
Economic recovery in the US has led to new highs for oil prices in 2009

Swine Flu Sees Crude Oil Price Slip

Tuesday April 28, 2009
Swine flu is having an impact on the crude oil price around the world as speculators reminisce about SARs virus

Investment Basics - Making Money Using Oil Prices

Thursday April 23, 2009
Many people consider investing in one of the world's most desired products, but how do people make money using oil prices?

Oil Prices Explained

Wednesday April 22, 2009
An overview to oil prices, oil trading and oil futures in Australia and around the world.

Oil Demand Threatens Oil Prices

Thursday April 16, 2009
Diminishing oil demand threatens to motivate an oil price slump

Low Crude Prices Threaten Woodside's Plans

Monday January 19, 2009
LOW crude oil prices are likely to sap oil and gas company profits this year, casting a shadow over the viability of large-scale projects earmarked to drive growth.

What's Really Going On With Oil Prices

Sunday January 18, 2009
PULLING up to the service station a few days ago I got a fright. Petrol has jumped from $1 to almost $1.20 in a matter of days. I thought the latest oil crisis was over. What's happening?

3d Oil Lets Drillsearch Offer Slide

Saturday January 17, 2009
BASS Strait oil junior 3D Oil has dismissed a conditional $21.4million scrip-only offer from Sydney-based Drillsearch Energy.

3d Oil Rejects Hostile Bid

Saturday January 17, 2009
THE junior explorer Drillsearch Energy has launched a hostile takeover for a fellow minnow, 3D Oil, in another episode of consolidation in the small-cap energy sector.