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crude oil

Australia’s $94m oil purchase: Deal of the century or PR stunt?
4 weeks ago

Australia’s $94m oil purchase: Deal of the century or PR stunt?

How much oil do you get for $94 million?

With the crude market in turmoil and prices at record lows, the Energy Minister Angus Taylor made his move, purchasing oil …
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Fuel prices on the way down with oil, but shopping around can save you even more
12 months ago

Fuel prices on the way down with oil, but shopping around can save you even more

Petrol is especially cheap at some service stations right now because the price of crude oil has just entered a bear market.

That means the prices of Nymex, WTI and …
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Disingenuous commentary fuels national price hysteria
2 years ago

Disingenuous commentary fuels national price hysteria

By  •  Feature

Debate about petrol prices in Australia is a long held national pastime. And let’s face it, the theatrics of the debate have often been entertaining if not more than a …
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Fight for Bight outside BP office
4 years ago

Fight for Bight outside BP office

Kaitlin Kavanagh, 18 April 2016

The display demonstrated the protesters’ concern about the risks of drilling in the GAB and the impact of oil spills on the pristine environment. Representatives …
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Claire Fitzpatrick: BP can operate safely in Great Australian Bight, with benefits for South Australia

Claire Fitzpatrick, 14 April 2016

THE Australian Senate Inquiry into oil and gas exploration and production in the Great Australian Bight off South Australia is welcomed by BP. It …
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Sea Shepherd in Australian BP Protest
4 years ago

Sea Shepherd in Australian BP Protest

13 April 2016

Protestors will help clean up a mock oil spill outside BP’s headquarters in Melbourne, Australia, on Thursday morning to highlight the British company’s plans to drill for …
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BP could claim 150pc deepwater drilling cost in Bight

Graham Lloyd, 13 April 2016

Oil and gas giant BP will be able to deduct 150 per cent of the cost of its planned $1 billion Great Australian Bight deepwater …
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Deep-sea drilling for oil in Great Australian Bight too risky for South Australia, MPs will be told

Clare Peddie, 12 April 2016

GAMBLING with deep-sea drilling for oil in the Great Australian Bight is too risky for South Australia, state politicians will be told on Tuesday.

Former …
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Crude mystery: where did 800,000 barrels of oil go?
4 years ago

Crude mystery: where did 800,000 barrels of oil go?

Georgi Kantchev, 18 March 2016

There is mystery at the heart of the oversupplied global oil market: missing barrels of crude.

Last year, there were 800,000 barrels of oil a …
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BP Australia puts in revised Bight plan

Christopher Russell, 16 March 2016

BP Australia has lodged its revised environment plan for exploratory drilling in the Great Australian Bight.

The energy giant submitted the plan to the federal …
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