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Thursday
11 February 2016
 


NRW set to clinch $40M Isaac Plains contract


NRW Holdings’ subsidiary, Action Drill & Blast, has reached in principle agreement with Golding Contractors for the provision of drill and blast services at Stanmore Coal’s Isaac Plains coal mine in Queensland.
Full Story...


Caution should be exercised with rib bolts: MSU


RIB bolts should be captured at the face and magnets positioned to reduce the likelihood of bolts passing transfers, the New South Wales Mine Safety Unit has warned after an incident at an underground coal mine.
Full Story...


Tinkler hits the skids


FORMER rich lister and coal mining entrepreneur Nathan Tinkler has been forced to resign from his new coal company after being declared bankrupt by the Federal Court.
Full Story...

News Wrap


IN THIS morning’s News Wrap: Rinehart takes control of Roy Hill; and CIMIC stock rallies on strong profit outlook.
Full Story...


Supreme Court decision gives US coal miners a boost


A DIVIDED US Supreme Court has halted the controversial Environmental Protection Agency’s Clean Power Plan until at least the final months of Obama’s presidency by a 5 to 4 vote – leading to a big increase in the shareprice value of Powder River Basin based Cloud Peak Energy.
Full Story...


Qld LNG ok, for now: Wood Mac


OPERATORS of Queensland's three LNG mega-projects still need oil prices to lift to pay them off despite covering their costs with crude trading at levels half what they were when sanctioned, Wood Mackenzie says.
Full Story...


Green light over red tape


WESTERN AUSTRALIAN Mines and Petroleum Minister Bill Marmion has announced that his department has again increased approval speeds for resource industry applications.
Full Story...


AGL backs solar venture


JUST months after it signed a deal with Sunverge Energy to bring battery storage to Australia, AGL Energy has announced it will inject $28 million into the San Francisco-based company to help meet demand for premises-based energy storage.
Full Story...


New Hope’s Hunter Valley aspirations come closer


NEW Hope Corporation agreement to purchase a 40% interest in the Bengalla thermal coal mine in New South Wales from a subsidiary of Rio Tinto has a moved step closer after clearing two material conditions.
Full Story...


Report backs Oz energy role


THE eleventh Energy In Australia report, prepared by Department of Industry, Innovation and Science chief economist Mark Cully, has reaffirmed the vital role of the energy industry as a major contributor to the Australian economy, contributing around $96.6 billion to industry gross value added – about 6% of the Australian total.
Full Story...


Wilpinjong life extension proposal on the cards


A PROPOSAL to expand Peabody Energy’s Wilpinjong Coal Mine located approximately 40km northeast of Mudgee in New South Wales will be on exhibition for community feedback.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Tinkler steps aside, says he will appeal bankruptcy ruling; Calls for Stuart Robert resignation; and Mining services' life support running out.
Full Story...


Coal looks dire, long live renewables: LTG


ACTIVIST group Lock the Gate says the Queensland government is better off supporting renewables and agriculture after a Wood Mackenzie report revealed a third of the state’s coal mines are running at a loss.
Full Story...


New chair for Safe Work Australia


DIANE Smith-Gander has been appointed as chair of Safe Work Australia.
Full Story...


BHP backs new CCS studies


RESOURCES giant BHP Billiton is teaming up with Canadian utility SaskPower on a $20 million dollar carbon capture and storage research project at the University of Regina aimed at accelerating the development and application of CCS technology.
Full Story...


LNG boom nearly wipes out oil trade deficit


SO MUCH LNG was being produced by the end of 2015 with the ramp-up of the three big new LNG trains at Gladstone that Australia effectively eliminated its petroleum trade deficit for the three months to December 31 – the first time in five years.
Full Story...


Baralaba placed into care and maintenance


THE administrators of troubled Cockatoo Coal have placed its major asset – the Baralaba mine in Queensland -- under care and maintenance to maximise the preservation of cash and the value of assets pending any restructure or sale of the business.
Full Story...


Labor Party supports coal


FEDERAL Shadow Minister for Resources, Gary Gray, has spoken in the House of Representatives about the value of Australia’s coal industry in meeting expanding global energy needs.
Full Story...


Higher productivity to drive Whitehaven’s growth


WHITEHAVEN Coal’s financial position is expected to continue to improve over the next three years, driven by further increases in production and improving margins, the company said in its latest half yearly report.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Whitehaven could fall out of ASX200; Rio cuts more top jobs; and Resource sector may outsource finance functions to Asia.
Full Story...


No end in sight for NSW CSG


THE CSG business may not be as dead in New South Wales as Lock the Gate might like to believe in the wake of the high profile cancellation of projects by Metgasco and AGL Energy, with the state government expected to make the first new CSG exploration licences available from mid-year.
Full Story...


Unions target major FIFO projects


ROY HILL and the Gorgon project have been singled out by unions as projects that could face the challenge of unpaid wage claims that could end up costing industry more than $A10 million.
Full Story...


QCLNG a boon for BG


QUEENSLAND Curtis LNG has been a saving grace for BG Group in its final results update ahead of its takeover by Shell.
Full Story...


HOGSBACK 
Laughing all the way to the renewables bank


WHILST doing the weekly shopping, Hogsback couldn’t help but notice the brisk trade being done in the organic section of the local supermarket and the number of petrol-free Priuses parked outside. The renewables crowd must be laughing, it would seem.
Full Story...


MORE HOGSBACK

Hogsback takes a trip from Paris to Po


BHP Billiton tries to defend its misguided coal expansion plans


Hogsback on the death of the US coal industry


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COAL COMPANY ACTIVITY 
Tinkler hits the skids


FORMER rich lister and coal mining entrepreneur Nathan Tinkler has been forced to resign from his new coal company after being declared bankrupt by the Federal Court.
Full Story...


MORE COAL COMPANY ACTIVITY

New Hope’s Hunter Valley aspirations come closer


Wilpinjong life extension proposal on the cards


New chair for Safe Work Australia


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OEM/SUPPLIER ACTIVITY 
NRW set to clinch $40M Isaac Plains contract


NRW Holdings’ subsidiary, Action Drill & Blast, has reached in principle agreement with Golding Contractors for the provision of drill and blast services at Stanmore Coal’s Isaac Plains coal mine in Queensland.
Full Story...


MORE OEM/SUPPLIER ACTIVITY

Caution should be exercised with rib bolts: MSU


Weatherford job cuts to reach 20,000


Shearer remote controls need proper management: MSU


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COAL MARKETS 
Qld LNG ok, for now: Wood Mac


OPERATORS of Queensland's three LNG mega-projects still need oil prices to lift to pay them off despite covering their costs with crude trading at levels half what they were when sanctioned, Wood Mackenzie says.
Full Story...


MORE COAL MARKETS

AGL backs solar venture


No end in sight for NSW CSG


QCLNG a boon for BG


VIEW ALL STORIES

SAFETY AND HEALTH 
New NSW petro laws


AMENDMENTS to work, health and safety legislation in the New South Wales petroleum industries will soon come into effect.
Full Story...


MORE SAFETY AND HEALTH

Questions remain about Qld black lung screening process


US has victory in war against ‘black lung’


Nash and Orr appointed to NSW Safety team


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ENVIRONMENT 
Supreme Court decision gives US coal miners a boost


A DIVIDED US Supreme Court has halted the controversial Environmental Protection Agency’s Clean Power Plan until at least the final months of Obama’s presidency by a 5 to 4 vote – leading to a big increase in the shareprice value of Powder River Basin based Cloud Peak Energy.
Full Story...


MORE ENVIRONMENT

BHP backs new CCS studies


Aker starts CCS innovation trials


Another finance group signs up to sustainable investment initiative


VIEW ALL STORIES


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