Topic archives: oil

Oil slick: East Timor wins battle, but Australia could yet win resources war

January 10, 2017 1

The scrapping of the 2006 treaty is a first step towards East Timor securing its economic future. But it will need all future breaks to go its way if it is to avoid economic collapse.

Business bites: dollar comes back … BHP smacked … Sage on track …

February 23, 2016

BHP slashes its interim dividend. And other business tidbits of the day.

Business bites: iron ore ouch … nickel slouch … Palmer’s grouch …

January 19, 2016 1

Clive Palmer's Queensland Nickel goes into administration. And other business tidbits of the day.

Business bites: miners crash … after having splashed … with our cash …

January 15, 2016 3

So who'll foot the bill for all the big mining companies bad investments? Hint: not the mining companies.

Business bites: is oil spoiled, or is China finer?

January 13, 2016 1

Oil has crashed through the US$30 a barrel mark. Plus other business bites of the day.

Business bites: a numbers week … OPEC speaks … Rio’s technique …

November 30, 2015

Expect data, data and more data this week. And other business tidbits of the day.

Business bites: oil leak … Fed stays meek … China up the creek …

Business bites: oil leak … Fed stays meek … China up the creek …

September 14, 2015

Takeover looms. And other business tidbits of the day.

Business bites: Canucks in the red … BHP misread … coal is dead …

Business bites: Canucks in the red … BHP misread … coal is dead …

July 16, 2015 5

Canada headed for recession, with same economic preconditions as Australia. And other business tidbits of the day.

Business bites: US reels … Greece deals … OPEC reveals …

Business bites: US reels … Greece deals … OPEC reveals …

June 1, 2015

Greece's Syriza party could split over economic policy. And other business tidbits of the day.

How the West can broker a deal with Russia on Ukraine

How the West can broker a deal with Russia on Ukraine

January 16, 2015 4

Years of self-centred Western foreign policy has left Russia disenfranchised. But there is a way forward.

It’s not just iron ore and coal — tumbling commodities will hurt Hockey

It’s not just iron ore and coal — tumbling commodities will hurt Hockey

December 1, 2014 14

Falling commodity prices and even bond rates will undermine the government's budget planning, Glenn Dyer and Bernard Keane write.

Our land is girt by oil-rich sea … that we steal from East Timor

Our land is girt by oil-rich sea … that we steal from East Timor

September 2, 2014 10

Australia has been stealing billions of dollars from one of our poorest neighbours, writes Clinton Fernandes, associate professor at the University of New South Wales in Canberra and specialist in Australian foreign policy.

Oil and blood: Kenyan mall attack is Somali payback

Oil and blood: Kenyan mall attack is Somali payback

September 23, 2013 4

The Al-Shabaab attack on a Kenyan shopping mall was retaliation for Kenya's intervention in Somalia, writes United Nations adviser in Nairobi Robert Johnson. And there's also the matter of oil ...

Kohler: the death of peak oil

February 29, 2012 87

Forget declining oil, there is a new global oil rush. The US has an estimated 2 trillion barrels of shale oil reserves -- about 70% of the world’s total and eight times the oil reserves of Saudi Arabia.

The good oil on the good life

October 6, 2011 1

It’s hard to stress enough the importance of spring, of getting some edible stuff into the garden and the subsequent joy of harvesting.

Que sorpresa: Cuba finds oil and USA may lift embargo

Que sorpresa: Cuba finds oil and USA may lift embargo

May 31, 2011

The five decade-long United States embargo against Cuba could finally be lifted after the discovery of an enormous oil field in Cuban waters, explains Richard Farmer.

An inflationary kick along

An inflationary kick along

February 23, 2011

Uncertainty in the Middle East has a price, as reflected by 1 April futures for Brent crude oil published on the ICE Exchange last night, writes Richard Farmer.

The oily nature of Gaddafi and Libya

February 22, 2011

As tensions rise in Libya against dictator Muammar Gaddafi, as does the price of oil across the world. Vivienne Walt explains the role of the liquid gold in the unstable nation.

WikiLeaks cable: Shell staff posted throughout Nigerian government

WikiLeaks cable: Shell staff posted throughout Nigerian government

December 9, 2010 1

Shell Australia chairman Ann Pickard once claimed to the US government that the oil giant had staff posted throughout Nigerian government ministries, ensuring they could keeping tabs on regulation in the oil-rich nation, a cable released by WikiLeaks says today.

The dirty topic of peak oil: get ready to reduce your reliance

The dirty topic of peak oil: get ready to reduce your reliance

September 2, 2010 9

Wouldn’t it be funny if we spent so long arguing about what to do about climate change that we ran out of cheap oil first? It is not beyond the realms of possibility, writes Dr David Ingles.