Resources and Energy

NZ shares rise led by NZ Oil & Gas

by AAP
NZ Oil and Gas share price climbs after acquiring a stake in ASX-listed Cue Energy.

US clears land-swap for Rio-BHP copper mine project

Deal will allow miners to capitalise on strong future demand for copper.

The year in KGB: CEO edition

Some of Australia's most influential leaders across the retail, mining, finance, food and beverage, and insurance industries shared their insights with the KGB.

Gold rises on rates speculation

Investors back precious metal as hopes rise for lower interest rates for longer.

Crude on track for fourth weekly drop

Brent lifts in early trade, analysts see prices in 'test mode' for next six to nine months.

Oil rout seen spreading across markets

Analysts say financial markets will take a hit before national economies feel the benefit.

WA slashes iron ore royalties

by AAP
Barnett announces 50 per cent deferral for eligible royalties, subject to iron ore price.

A building industry scandal regulators want to ignore

Governments are ignoring a review they commissioned which finds homeowners are being ripped-off as the building industry flouts laws aimed at reducing energy bills and improving the energy efficiency of new homes.

Downer EDI wins $2bn Adani contract

by AAP
Engineering group wins $2bn contract for work on Adani Group’s Carmichael Coal Mine.

Karoon Gas names new chairman

David Klingner named chairman, former exec chairman Robert Hosking becomes MD.

Santos secures $1bn new debt

by AAP
Energy giant secures additional three-year $1bn bilateral loan facility from ANZ.

Boart Longyear revises rights offer

Boart will raise $300,000 less than planned, after downwardly revising issue offer to 16.50c.

Oil prices sink over 3% at close

Crude prices see sharp reversal during overnight session, hit new five-year lows.

Funds in pole position for big power sell-off

NSW fires the starting gun on a round of speed dating for super funds, sovereign funds and trade buyers.

Oil price fall won't last long: UAE

Minister optimistic on market's return to balance, future evolution.

Gold jumps on dovish Fed statement

Yellow metal boosted by bearish US dollar sentiment following FMOC report.

Banks have a duty to fund coal: NAB

by AAP
NAB chairman Michael Chaney defends of coal-fired power; ANZ stands firm.

Will a commodity price collapse foil BHP's demerger?

A savage fall in commodity prices has sparked debate about whether the demerger of BHP's non-core assets should proceed.

Lynas names new chairman, director

Mike Harding named new non-executive chairman as struggling rare earths miner eyes board renewal.

Oil prices pare gains after 4% jump

Oil prices climb as bargain-hunters move in, US dollar strength caps gains.