Low oil prices the new normal

The IEA has flagged a prolonged oversupply of oil in the global market, resulting in continued low oil prices. The IEA’s Oil Market Report for August warned that if Organisation of the Petroleum
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LNG props up Queensland exports

The data, released yesterday, shows LNG shipments from the Port of Gladstone reached $849 million as at 30 June after only commencing export operations officially in January. The promising LNG result was
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Gladstone cargoes allegedly up for grabs

According to the wire news service, Gladstone LNG, led by Santos, cargoes are expected to be sold to market well before its long-term obligations commence. Gladstone is slated to commence production and
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Energy stocks hit by China fears, but hope remains

But with real estate and commercial construction expected to make a resurgence in China, analysts say the concern could be premature. The ASX200 sunk to an 18-month low this morning, down 4 per cent at
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WA LNG production up, but sales fail to boost value

Data from the Department of Mines and Petroleum (DMP) states the industry is worth $99.5 billion in 2014/15, down 19 per cent from the 2013/14 record total of $122 billion. The DMP figures showed iron
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Time for oil and gas to sell their story

First State Super, one of the country’s top 10 funds, advised members in a recent letter that it is divesting from all companies that source 20 per cent of their operating revenue from the production,
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Hard lessons and hard decisions ahead

It’s a saying that has marketed gas since wood heating was first phased out of society in the early 1900s. But today, the expression “˜cooking with gas’ could end up being a thing of
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Where will gas fit in new climate policy?

While the federal government in August finally announced its carbon emissions target of 26 to 28 per cent below 2005 levels by 2030, energy industry representatives say more needs to be done. The government
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Gas export boom shakes market

ANZ Bank’s report ‘Australia’s Gas Industry:When Markets Collide’ estimated that LNG exports would overtake iron ore as the country’s key economic driver, tripling over the
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Has the resources market reached its nadir?

The really confusing part of this strategy is to separate performance of the broader market, driven by a small number of large, high dividend paying income stocks like the large financial, retail and property
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