Oil and gas company Santos has launched a new strategy that will see it focus on its key assets and spin off its non-core business into a new company.
BHP secures Gulf of Mexico deal with Pemex
BHP Billiton has won a bid to acquire a majority share in the deep-water Trion oil field project in the Gulf of Mexico.
Origin to divest assets into new oil and gas business
Origin Energy has announced plans to divest its upstream business assets in an effort to reduce debt and focus on its energy markets and gas business.
BP commits to Mad Dog project as BHP considers decision
BP is moving forward with the US-based Mad Dog oil project, which includes BHP Billiton as a key partner, at a considerably lower development cost.
Australian Government to review effectiveness of petroleum taxes
The Federal Government has launched a review into Australia’s underperforming petroleum resource rent tax (PRRT).
APPEA backs ‘timely’ petroleum tax review
The industry body has expressed support for the Australian Government’s decision to review the petroleum tax system in the country.
Oil prices soar on OPEC plan to lower production
Global oil prices surged significantly overnight after OPEC took the surprising move to cut production from January next year.
Flux cored wires for simplified welding logistics
Welding in a workshop is an ideal situation for a tradesperson, with equipment they require at their disposal for fabrications, …
Internet of Things jumpstarts asset allocation in Oil & Gas Sector
For too long businesses in the resources industry have worked in operational silos; with the left hand rarely knowing what …
How to halt cost leakage
Safety; product security; environmental concerns; and finally, operational costs. All these aspects of your business are affected by a relatively …