Employees have been evacuated from a Timor Sea oil rig after an oil and gas spill 3.6km below the surface.
Oil and gas will continue to spill into the ocean from a drilling rig off Australia’s northwest coast for seven weeks, leaving a multi-million dollar clean-up bill for the company responsible.
About 40 barrels of oil are [...]

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A report, commissioned by the Australian Workers Union (AWU), on the cost of climate change has called for the aluminium industry to be granted short-term exemption from an emissions trading scheme (ETS).
A poorly-designed emissions trading scheme could cost Australia’s aluminium sector 15,000 jobs and force the industry offshore the report warns.
The exemption from an ETS [...]

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Gas and oil producer Oil Search has experienced a production decline of 2.212 million barrels during the last quarter due to natural field decline and a shut down at its operations in Papua New Guinea.
The planned shut down in February was to undergo essential maintenance work and repairs to the flare.
Managing Director Peter Botten said [...]

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The life of the gas and oil operation on coastal Western Australia has been extended due to the participants of the North West Shelf Venture project approving a $5 billion expansion project.
The North Rankin 2 development will include the installation of a platform which stands in 125 metres of water, 135 kilometers off Karratha. [...]

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Leighton Holdings Ltd, Australia’s largest construction company, has been given the contract to build a pipeline in India for Asia’s biggest oil and gas producer. The contract is worth $US720 million ($A795 million).
The project involves the installation of over 200 kilometres of fixed and flexible pipelines in the Mumbai High field for India’s Oil and [...]

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