Latest Australia & New Zealand Oil & Gas News
- Export sector expected to be the big winner 24 Jul 2008 17:59 GMT
... its peak five months ago. Against the Australian dollar it is A77.5c, 13 per cent ... the coming 18 months," said Bank of New Zealand chief economist Tony Alexander. While the Reserve ... the exchange rate respond? Where would world oil prices go? Was the Reserve Bank right ...
- Speedy ASB acts on shock rate cut 24 Jul 2008 17:36 GMT
... ASB has defied expectations and cut its two-year fixed rate ... said Stephen Toplis, of the Bank of New Zealand. He expects a series of cuts to ... partly mitigated by the continuing fall in oil prices. The dollar fell nearly one US ...
- Rice: US-India Nuclear Deal Is Good for the World 24 Jul 2008 17:11 GMT
... nuclear deal good for the world PERTH, Australia - Secretary of State Condoleezza Rice said ... its huge demand for energy without using oil, coal and other petroleum products. "India is a country that has ...
- TSX loses early momentum as commodity stocks sell off; NY also lower 24 Jul 2008 16:48 GMT
... mid-morning showed a bigger-than-expected rise in natural gas inventories, a day after another report showed ... US$100 to US$140 in three months on oil. And I say, did anything - supply-wise - change ... at 2,910.29, and markets in South Korea, Australia, Taiwan and the Philippines also rose. In ...
- ASIAN MARKETS - SHARES END BROADLY HIGHER - JULY 24, 2008 24 Jul 2008 16:48 GMT
... today as a sharp decline in crude oil prices bolstered investor sentiment. Analysts said a modest ... 34.38 points to end at 1,626.14. The Australian share market closed 0.52 per cent in ...
- Relief as oil cools 24 Jul 2008 16:48 GMT
... FALLING oil prices have bolstered investor confidence that global financial ... Mr Bennett is forecasting that after the Australian top 200 index moves past the psychological ...
- Resources offset gains by banks 24 Jul 2008 16:48 GMT
... THE Australian share market closed in the black again ... a 3 per cent drop in the oil price to a six-week low of $US124.44 a ... Search said it had reached a domestic gas agreement with the Papua New Guinea Government ...
- Good oil flows at Santos 24 Jul 2008 16:48 GMT
... SURGING oil prices helped petroleum outfit Santos to an 18 per cent ... the Varanus Island gas explosion in Western Australia, which shut the company's gas field, and ...
- Earnings take TSX higher; N.Y. down on housing data, Ford skid 24 Jul 2008 16:47 GMT
... energy sector gained 1.7 per cent as oil prices revived after tumbling by almost $4 a ... at 2,910.29, and markets in South Korea, Australia, Taiwan and the Philippines also rose. In ...
- Storm abating: Relief as oil cools 24 Jul 2008 16:47 GMT
... FALLING oil prices have bolstered investor confidence that global financial ... Mr Bennett is forecasting that after the Australian top 200 index moves past the psychological ...
- Terry McCrann: Luck's a Big Aussie 24 Jul 2008 16:47 GMT
... is not simply once again the Big Australian, but the Biggest-ever Australian. It is also ... constraints - take the most obvious example: oil - competition authorities are going to be more inclined ... critical exceptions in this context: oil (and gas) and coking coal. BHPB has 'em, Rio ...
- Rice says US-India nuclear deal will reduce spread of pollution, as well as weapons 24 Jul 2008 16:46 GMT
... its huge demand for energy without using oil, coal and other petroleum products. "India is a country that has ... her comments on a flight to Perth, Australia, with Australian Foreign Minister Stephen Smith, a ...
- Luck's a Big Aussie 24 Jul 2008 16:46 GMT
... is not simply once again the Big Australian, but the Biggest-ever Australian. It is also ... constraints - take the most obvious example: oil - competition authorities are going to be more inclined ... critical exceptions in this context: oil (and gas) and coking coal. BHPB has 'em, Rio ...
- --> GA Capital Corp. Update to Proposed Qualifying Transaction With Kimpar Resources Inc. 24 Jul 2008 16:39 GMT
... the Canadian Institute of Mining, Metalurgie and Petroleum ("CIM") (former President of the Geological Society), ... public base metal company listed on the Australian Stock Exchange. He is currently a member ... listed on TSX Venture), Pebercan Inc. (an oil and gas company listed on the TSX) ...
- GA Capital Corp. Update to Proposed Qualifying Transaction With Kimpar Resources Inc. 24 Jul 2008 16:39 GMT
... the Canadian Institute of Mining, Metalurgie and Petroleum ("CIM") (former President of the Geological Society), ... public base metal company listed on the Australian Stock Exchange. He is currently a member ... listed on TSX Venture), Pebercan Inc. (an oil and gas company listed on the TSX) ...
- Explosion blows hole in production 24 Jul 2008 16:37 GMT
... THE Varanus Island gas explosion, asset sales and a higher LNG price have led oil and gas producer Santos to cut its annual production ... for LNG from Bayu-Undan, which sits between Australia and East Timor, cut production by about ...
- Oil and metals dip as demand takes hit 24 Jul 2008 16:37 GMT
... OIL prices and other commodities are expected to dip ... towards the heavily discounted banking sector. National Australia Bank energy economist Gerard Burg said consumers ...
- Oil price, Wall Street push bourse up 24 Jul 2008 16:35 GMT
... gains in financials and industrials pushed the Australian share market up yesterday after Wall Street rose and oil prices fell overnight. The benchmark S&P/ASX 200 ... 2.9 per cent to $37.55 and Woodside Petroleum down 6.1 per cent at $52.54. "Keep ...
- Slow Wedgetails damage Boeing 24 Jul 2008 16:14 GMT
... A THREE-year delay in Australia's Wedgetail Early Warning and Control program dragged ... and 2009, despite growing concerns that high oil prices could lead to a wave of order ...
- Stocks May Pause In Reaction to Mixed News; Housing Report in Focus - RTTNews Daily Market Analysis 24 Jul 2008 16:12 GMT
... Average pulled back about 2.50%. The Philadelphia Oil Service Sector Index and the Amex Oil ... session came amid the release of the petroleum inventory report for the week ended July ... sector, Korean Air Lines climbed 2.2%. The Australian market also closed higher, extending Wednesday's sharp ...
- Bush administration to push India nuclear deal 24 Jul 2008 16:11 GMT
... to reporters en route to Perth, Western Australia today, Rice warmly welcomed the Indian parliament's ... that it can export more of its oil and gas. Six world powers, including Russia, last month ...
- Bryan Frith: Stokes' makes WAN share purchase 24 Jul 2008 16:09 GMT
... Network's latest purchase of shares in West Australian Newspapers (WAN) is that Kerry Stokes has ... which estimated that its 3P coal seam gas reserves had more than doubled, and the ... much of its CSG exploration acreage. Tri-Star Petroleum has the right to take back 45 ...
- Stokes' makes WAN share purchase 24 Jul 2008 16:09 GMT
... Network's latest purchase of shares in West Australian Newspapers (WAN) is that Kerry Stokes has ... which estimated that its 3P coal seam gas reserves had more than doubled, and the ... much of its CSG exploration acreage. Tri-Star Petroleum has the right to take back 45 ...
- Origin turns up the heat in BG battle 24 Jul 2008 16:09 GMT
... and more just for the coal seam gas reserves. BG could wrap up control with ... life expectancy gap between indigenous and non-indigenous Australian children. The ANZ and NAB have already ... more. The reasons of course centre on oil prices. Crude oil prices have fallen 5 per ...
- John Durie: Origin turns up the heat in BG battle 24 Jul 2008 16:09 GMT
... and more just for the coal seam gas reserves. BG could wrap up control with ... life expectancy gap between indigenous and non-indigenous Australian children. The ANZ and NAB have already ... more. The reasons of course centre on oil prices. Crude oil prices have fallen 5 per ...
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