News Archive

2010

2009

Oil Prices News

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.