Resources and Energy

ERA widens first-half loss to $255m

by AAP
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Energy Resources of Australia loss widens after shelving expansion of NT Ranger mine.

Origin Q4 revenue slumps 23%

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Price declines hit energy company's revenues despite production increase in June quarter.

Shell toughens local project hurdles

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Oil major outlines tougher guidelines for proceeding on Browse LNG, Arrow CSG projects.

Newmont can deal with weak gold price

by AAP
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Newmont's Palmer says miner can cope with volatile gold price and won't merge with Barrick.

Alinta to close SA power stations sooner

by AAP
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Alinta Energy brings forward the deadline for the closure of its power stations in South Australia.

Royal Dutch Shell to cut 6,500 jobs

by AFP
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Shell becomes the latest energy company to announce job cuts with 6,500 to go this year.

ALS predicts H1 slowdown

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Chairman says declines in coal, oil and gas to moderate result; flags dividend review.

Paladin slashes costs in break-even bid

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Uranium miner's CEO cuts his pay by 20% amid efforts to strip $US33m from costs.

Shenhua profit down 42.6%

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World's largest coal producer sees big drop in sales volumes and revenue as Chinese coal generation contracts.

Peabody records $1.2b loss for first half 2015

One of the world's largest coal companies is haemorrhaging red ink. With billions in debt, Australian regulators need to pay closer attention to its lack of provisions to fund mine rehabilitation, or it could be taxpayers footing the bill.

AWE full-year output falls

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Oil and gas producer still confident production-doubling by 2018, FY sales revenue slips.

Rinehart's wealth may go to charity as part of settlement

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Gina Rinehart and son John Hancock discuss plan to give away half of billionaire's wealth to philanthropic causes.

Deloitte warns on 'project graveyard'

by AAP
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Business investment hits the wall as glory days of the resources boom seen behind us.

French oil co. Total profit slides 4% in Q2

by AFP
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French oil giant Total has announced a 4% slide in net profit in the second quarter.

Alacer rallies amid takeover talk

by AAP
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Shares in gold miner Alacer Gold gain 6% amid renewed takeover speculation.

Programmed to offset mining slump

by AAP
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Labour hire company says current performance reflects major transition occurring in economy.

Senex nabs Cardno CFO Yerbury

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Infrastructure consultancy Cardno CFO Graham Yerbury will move to oil firm Senex.

Independence FY profit gains

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Miner lifts profit as production set to slow in year ahead.

Beach slashes capex by up to 42%

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Oil and gas explorer Beach Energy cuts business spend, output as prices dwindle.

Sandfire FY production hits target

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Miner produces full-year gold and copper production within its guidance range.

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