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Australia drops mining tax
A compromise deal over the taxation of Australian mining companies has been announced by new PM Julia Gillard.
A compromise deal over the taxation of Australian mining companies has been announced by new PM Julia Gillard.
BP's new face for the Gulf of Mexico oil disaster admitted faults during a unique Q&A forum broadcast live online, AFP reported today.
Greenstone Energy has taken delivery of its first shipment of oil with 700,000 barrels delivered at the Marsden Point refinery.
BP is considering two ideas raised by Kiwis on how to plug the Gulf of Mexico oil spill, one of the biggest ecological disasters in history.
They have something in common, Chris Carter and the Manurewa Cosmopolitan Club - they both keep digging when they're deep in the hole.
President Barack Obama is set to use the sombre setting of the Oval Office for the first time since coming to power.
NZ oil shares have fallen as the latest Tui well has come up short.