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Petroleum has proposed a scaled-back expansion of its Pluto LNG project at Karratha to potential suppliers of third-party gas, as it looks for growth options following an unsuccessful exploratory drilling campaign. The company reported a 2 per cent
The federal environment department is yet to rule on the James Price Point development in the state's north-west, while Woodside is still to make a final investment decision. The project is being opposed by environment and indigenous groups who fear
As focus remains on the heated politics and mounting protests surrounding the proposed James Price Point site, 60km north of the West Australian coastal town of Broome, business analysts have quietly been crunching the numbers. Woodside's ambition to
The local share market opened higher this morning, helped by a lift in gold and metal prices overnight. At the open of trade the All Ordinaries Index (XAO) was up 14 points, hitting a 10 week high...The market showed a real mixture of moves this
Petroleum has left Bob Brown feeling wounded after the oil and gas giant cancelled a planned meeting with the former Greens leader about the James Price Point gas hub. Dr Brown and fellow activists are currently on the Sea Shepherd ship "Steve Irwin",
Geoffrey Cousins is no more important than anyone else on the anti-Browse gas hub bandwagon, West Australian resources minister Norman Moore says. Mr Cousins, a former John Howard confidant, has for several years spoken out against Woodside Petroleum'
The Australia n share market closed higher yesterday and overnight the European and U.S. markets gathered pace, but our market lost ground at the start of trade, even with higher gold, metal and oil prices overnight. Share This Story Locally The All
Woodside Petroleum surged 7.5 per cent yesterday after it unveiled a surprise upgrade to its 2012 production guidance, citing a stronger-than-expected ramp-up of its Pluto project, which shipped its first LNG cargos during the June quarter...Analysts
THE Australian share market soared to a two-month high, boosted by good production reports from oil and gas producers. Europe or stock up on some foreign goodies as the Australian dollar has hit an all-time high against the European currency.
The Australia n sharemarket is improving for the third time this week, with the All Ordinaries Index (XAO) up 1 pct or 43 pts to 4199.4. This makes it the second biggest improvement for local shares this month. All 12 sectors are trading higher, with