Australia Overview

Plans for a 50-GW hydrogen hub in Australia powered by solar and wind energy were announced by a consortium on Tuesday.

The proposed USD 70-billion Western Green…

Bass Oil has entered Australia’s upstream sector through a sale and purchase agreement with Cooper Energy for its non-operated interests, the acquiring company…

Oil was down Tuesday morning in Asia, with the extended closure of Colonial Pipeline’s key US East Coast gasoline pipeline curbing appetite for the black…

Oil was up Wednesday morning in Asia over a record fall in US crude supplies and growing expectations that re-opening drives in the US and Europe will boost fuel…

Australian lithium miner Orocobre will merge with rival Galaxy Resources to form the world’s fifth-largest lithium chemicals company, valued at USD 3.09…

Oil was up Wednesday morning after expectations that global oil stocks will stabilize and progress in the US towards passing US. President Joe Biden’s $1.9 trillion…

Oil was up Wednesday morning in Asia, holding onto gains seen during the previous session. Expectations that the incoming Joe Biden administration will push through…

Oil was down on Thursday morning in Asia, as COVID-19 numbers across the globe continued upwards and added to fuel demand worries.

Brent oil futures was down 0.56%…

Oil was up on Thursday morning in Asia as investors look toward continued OPEC+ supply cuts.

Brent oil futures edged up 0.18% to $43.88 by 12:02 AM ET (4:02 AM GMT)…