Resources and Energy

ArcelorMittal profit warning as iron ore dips

First quarterly profit in two years following closure of vulnerable European mills.

Former Northern Star director charged with insider trading

Peter Farris appears in Magistrates Court on two counts.

Shareholders vote against Woodside buyback

Results show only 72% of shareholders supported the deal, short of 75% threshold.

Apache to divest Wheatstone stake

Apache Energy says it will sell multi-billion dollar shareholding in WA gas project.

Shell uncertain on Woodside plan B

Shell to reconsider Woodside stake sale options if buyback deal falls through.

Iron ore market not balanced: Vale

Mining giant warns of higher-than-expected supply just as demand from China falters.

Aquila mine costs can be cut: Baosteel

Chinese steel giant confident it can shave down the $8bn price tag of its newest Australian asset.

Exxon Mobil's Q2 profit climbs, despite lower production

Group plans to push ahead with drilling in Russia's Arctic seas.

Brent crude price slips to two-week low

US dollar strength, Russian sanctions trigger market jitters.

Aurizon eyes cheaper West Pilbara build: report

Hockridge says port, rail build could be 20% cheaper than costing estimate.

Shell's profits more than triple in Q2

by AAP
Asset sales, stronger oil prices boost group's profit.

Horizon's Q4 production revenue slips

Oil and petroleum group books $32.36 million for the quarter as merger efforts continue.

ERA widens first-half loss

by AAP
Rio Tinto subsidiary blames weak demand, drop in uranium price for downbeat result.

Mining services firm cuts 400 jobs

by AAP
Hastings Deering blames challenging market conditions for workforce reduction.

Origin lifts June quarter production

Energy group lifts output on stronger performance from Australian Pacific LNG project.

Linc Energy closer to royalties from Carmichael

The $16 billion coal mine has been cleared by state and federal governments.

Why shareholders will scuttle Woodside's Shell game

1 comment
Woodside's buyback of Shell's residual shareholding looks likely to fail, providing its opponents with an opportunity to force Woodside into an 'equal access' buyback for all shareholders.

Woodside proxies shy of threshold

Shares slip as early votes fall short of required majority for share buyback before meeting.

Progress made with financiers: Lynas

Shares in rare earths miner lose almost 19% as it says talks with Nomura about restructure of facilities ongoing.

Woodside buyback under threat

Super funds prepared to vote down proposed buyback from Shell over principles: report.