Big Oil and Putin's big plans
Last week, the CEO of Royal Dutch Shell was visiting Putin's residence, saying, "We are very keen to grow our position in the Russian Federation."
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Latest fromCommodities
Bathurst Resources announces capital raising plan
Bathurst Resources, which has cut jobs and delayed the start to its Denniston mine, may raise up to $6.87m in a discounted share placement.
Robots set to work the mines of the future
Many areas too remote or dangerous for humans could be opened for exploration.
US agency sees zero oil imports by 2037
Net oil imports to the US could fall to zero by 2037 because of robust production in areas including North Dakota and Texas's Eagle Ford formation.
Ship collision exposes risks in busy oil channel
The fog was just beginning to lift on the Houston Ship Channel on March 22 as a bulk carrier and a fuel barge found themselves on a crash course.
Measurement casts doubt on US oil reserves
In 1945 Jan Arps published a formula, which has become one of the most widely used measures, to predict how much crude oil a well will produce.
Liquidation bid an attempt to extort terms - judge
An attempt to have the Court of Appeal order the liquidation of Greymouth Petroleum was described by one of the judges hearing the appeal as a tactic to "extort."
Petroleum firm stoush in court
A long-running and acrimonious dispute between two rich-lister shareholders of Greymouth Petroleum and their former colleague at the oil and gas company is heading back to court.
Origin bullish about LNG export prospects from drilling project off Otago
Australian-listed Origin Energy is bullish on the potential of exporting liquefied natural gas (LNG) from the Caraval prospect off the coast of Oamaru.
Objections to mining plan pour in
A controversial bid to mine an area of seabed off the North Island's west coast has met a backlash, with only a handful of several thousand submissions in support of the plan.
Labour moots tough oil, gas law
Labour is looking at the Norwegian model for regulating the oil and gas industry, including stronger environmental safeguards and steeper taxes.
Oil job prospects rise
Big international oil and gas recruitment company Air Energi is moving into New Zealand in what is being described as a vote of confidence in the sector here.
5-week wait to plug well
Revelations that a "worst-case" oil well blowout in New Zealand waters could take five weeks to plug.
'Game changing' gas boom worth billions
The first taste of petroleum money could be just weeks away in Dunedin, as oil giant Anadarko prepares to move its drilling ship into Otago waters.
Cities race to be oil and gas base
Two southern cities are battling it out for hosting rights to an oil and gas base, after confirmation oil giant Shell wants to drill a test well in the deep south.
'Economic boom' if southern gas found
A significant gas find in the Great South Basin would provide the largest economic boom to NZ people would ever remember, an analyst said.
Warning over Great South Basin drill
Shell hopes drilling will produce Maui-size gas reserves
Shareholders plan action against gold miner
Australia's largest gold miner is facing a class action from shareholders over its massive financial writedown.
Forest & Bird won't appeal mine decision
Forest & Bird (F&B) has pulled the plug after a two-year legal battle to stop Bathurst Resources' new Buller coal mine.
Mayor: Mine approval great for WC
Grey District mayor Tony Kokshoorn says the resource consent approval for Escarpment coal mine on the West Coast's Denniston Plateau is great news for the district.
Seabed mining bid stirs protest
The first marine consent application for seabed mining on the North Island's west coast is about to be lodged.