Mon, May 21, 2012, 7:02 PM AEST - Australia Markets closed

Utilities

  • First uranium mine in WA a step closer

    The first uranium mine in Western Australia is a step closer after the Environmental Protection Authority gave the project the go-ahead.South Australian miner Toro Energy is seeking to develop the mine ...

  • The first uranium mine in Western Australia is a step closer after the Environmental Protection Authority gave the project the go-ahead.South Australian miner Toro Energy is seeking to develop the mine ...

  • Western Australia's first uranium mine is on the way.The WA Environmental Protection Authority (EPA) on Monday backed Toro Energy's plan to develop its Wiluna mine in the state's mid-west region.It is ...

  • Union says BHP workers will strike next week ABC - Sat, May 19, 2012 5:39 AM AEST

    The Construction Forestry Mining and Energy Union (CFMEU) says workers at BHP Billiton's coking coal mines in Queensland's Bowen Basin will strike again from next Thursday.The union this evening served ...

  • Safety fears as thieves steal power ABC - Fri, May 18, 2012 3:42 PM AEST
    Safety fears as thieves steal power

    Tasmanian power company Aurora Energy is reporting thefts from some of its power poles in south, creating a safety risk for homes and businesses.Aurora is urging households to check their safety devices ...

  • Brent oil price hits lowest level since December AFP - Thu, May 17, 2012 5:53 PM AEST
    Brent oil price hits lowest level since December

    The price of Brent crude retreated Thursday, hitting the lowest level for over five months, while oil futures steadied in New York a day after hitting six-month lows amid signs of weak energy demand.Brent ...

  • Power and water prices set to rise in double slug ABC - Thu, May 17, 2012 3:33 PM AEST
    Power and water prices set to rise in double slug

    The Northern Territory Government says average household utilities prices are set to rise by $225 a year because of the Federal Government's carbon tax costs and an increase in the consumer price index.Modelling ...

  • Power and water prices set to rise in double slug ABC - Thu, May 17, 2012 1:06 PM AEST
    Power and water prices set to rise in double slug

    The Northern Territory Government says average household utilities prices are set to rise by $225 a year because of the Federal Government's carbon tax costs and an increase in the consumer price index.Modelling ...

  • Public reassured smart meters are safe ABC - Thu, May 17, 2012 10:33 AM AEST
    Public reassured smart meters are safe

    A draft report from Energy Safe Victoria (ESV) has found that smart meters are safe and do not pose any greater risk than electronic or electro-mechanical meters.The ESV began a review into the safety ...

  • Oil under pressure from eurozone crisis AFP - Wed, May 16, 2012 8:10 PM AEST
    Oil under pressure from eurozone crisis

    Oil prices back away from multi-month lows on Wednesday, but remained under intense pressure on stubborn concerns over the eurozone debt crisis and signs of weak energy demand in the United States.New ...

  • GE buys Aussie equipment company AAP - Wed, May 16, 2012 3:47 PM AEST
    GE buys Aussie equipment company

    US giant General Electric (GE) aims to increase its presence in the booming resources sector through a $700 million friendly takeover for Australian mining equipment-maker Industrea.Industrea shares jumped ...

  • CSG compensation considered for NSW farmers ABC - Wed, May 16, 2012 2:25 PM AEST

    The New South Wales Government says farmers could be offered greater compensation to encourage coal seam gas projects on their land.Energy Minister Chris Hartcher says the Government wants landholders ...

  • Labor ploughs on with power plan ABC - Wed, May 16, 2012 12:29 PM AEST
    Power bill relief for pensioners

    Labor maintains it can deliver changes to Tasmania's electricity industry.Labor wants to carve up and sell Aurora Energy's retail arm and merge its remaining businesses with Transend and Hydro Tasmania.But ...

  • Energy giant Total says North Sea gas leak plugged AFP - Wed, May 16, 2012 9:46 AM AEST
    Energy giant Total says North Sea gas leak plugged

    French energy giant Total said Wednesday it had plugged a gas leak under a North Sea platform that cost the firm hundreds of millions of dollars and threatened to trigger a major explosion.The Elgin platform, ...

  • CSG compensation considered for NSW farmers ABC - Wed, May 16, 2012 9:12 AM AEST

    The New South Wales Government says farmers could be offered greater compensation to encourage coal seam gas projects on their land.Energy Minister Chris Hartcher says the Government wants landholders ...

  • Total eyes more projects in booming Australia AFP - Wed, May 16, 2012 4:53 AM AEST
    Total eyes more projects in booming Australia

    The head of France's Total says the energy giant wants to expand in Australia's booming resources sector, but warns that a lack of manpower and lively competition could contain its ambitions.On his first ...

  • Govt expects power price fall after energy revamp ABC - Tue, May 15, 2012 1:48 PM AEST
    Govt expects power price fall after energy revamp

    The State Government is confident its plan to overhaul the energy sector will result in lower power prices for Tasmanians, despite rejecting key recommendations from an expert review.The Energy Minister ...

  • Power switch: Govt to reveal energy sector future ABC - Tue, May 15, 2012 11:49 AM AEST
    Power switch: Govt to reveal energy sector future

    The State Government is set to reject a key expert panel recommendation as it revamps the state's power sector.The panel recommended that the section of Hydro Tasmania which sells power be broken into ...

  • Independent watchdog opposes merging utilities ABC - Tue, May 15, 2012 10:03 AM AEST
    Independent watchdog opposes merging utilities

    The Economic Regulation Authority has warned against merging two of the state's power utilities.The State Government has flagged the possibility of merging the electricity producer, Verve, with the retailer, ...

  • Japanese nuclear operator posts $10bn loss ABC - Mon, May 14, 2012 5:18 PM AEST

    The operator of the crippled Fukushima nuclear plant has recorded an annual loss of nearly $10 billion.The Tokyo Electric Power Company (TEPCO) says the loss of $9.6 billion was larger than expected, blaming ...

  • Strike action hurts Paladin's production AAP - Mon, May 14, 2012 12:12 PM AEST

    Africa-focused uranium miner Paladin Energy says production at its mine in Malawi has been stalled after local workers walked off the job.Paladin's annual production will be impacted by the stoppage, and ...

  • Safety improved for petroleum industry AAP - Mon, May 14, 2012 10:51 AM AEST

    Australia's offshore petroleum industry is to have its safety benchmarks strengthened.A major energy conference in Adelaide has heard that a sub-sea first response toolkit to deal with potential spills ...

  • Japan's TEPCO posts $9.76 bn full-year net loss AFP - Mon, May 14, 2012 6:20 AM AEST
    Japan's TEPCO posts $9.76 bln full-year net loss

    TEPCO, the operator of the crippled Fukushima Daiichi nuclear plant on Japan's northeast coast, on Monday posted a bigger-than-expected loss of $9.67 billion in the year to March.Tokyo Electric Power said ...

  • Firms fear summer meltdown in nuclear-free Japan AFP - Sun, May 13, 2012 9:14 PM AEST
    Firms fear summer meltdown in nuclear-free Japan

    Japan's hard-hit manufacturers are facing a long summer with businesses making everything from ice cream to crayons fretting production may be hampered as the now nuclear-free nation faces energy cuts.A ...

  • France firm Total stops gas leak in Nigeria AFP - Sun, May 13, 2012 6:59 PM AEST
    France firm Total stops gas leak in Nigeria

    French energy firm Total said Sunday it has stopped a natural gas leak that led to a shutdown of one of its plants in southern Nigeria."Total E&P Nigeria Limited (TEPNG) is pleased to report that ...

  • Total says Nigeria gas leak to stop in "few days" AFP - Sun, May 13, 2012 11:20 AM AEST
    Total says Nigeria gas leak to stop in "few days"

    French energy firm Total said it hoped to stop within a few days a natural gas leak that has led to a shutdown of one of its plants in southern Nigeria.The company said in a statement late Saturday its ...

  • NSW Govt gives nod to Newcastle gas plant AAP - Fri, May 11, 2012 4:50 PM AEST

    The NSW government has given the nod to AGL Energy's controversial plan to build a $310 million gas storage facility at Tomago near Newcastle.The project is to be built within the Tomago Sandbeds Catchment ...

  • Australian tycoon ends Vitol coal supply contract AFP - Fri, May 11, 2012 3:21 AM AEST
    Australian tycoon ends Vitol coal supply contract

    Australian magnate Clive Palmer said Friday he had terminated a Aus$40 billion (US$40.2 billion) supply contract for Swiss energy trader Vitol to buy coal from his planned "China First" mine.Palmer ...

  • Corbell moves to 'lower energy prices' ABC - Thu, May 10, 2012 2:38 PM AEST
    Corbell moves to 'lower energy prices'

    The ACT Government says new laws introduced to the Legislative Assembly today will help lower gas and electricity prices in Canberra.The legislation is part of setting up the National Energy Customer Framework, ...

  • Oil prices retreat further on US, eurozone worries AFP - Thu, May 10, 2012 11:35 AM AEST
    Oil prices mixed after US data

    Oil prices extended the week's downward trend on Thursday on signs of weakening demand for energy in the United States and amid growing tensions over the eurozone, analysts said.New York's main contract, ...

  • Corbell moves to 'lower energy prices' ABC - Thu, May 10, 2012 8:33 AM AEST
    Corbell moves to 'lower energy prices'

    The ACT Government says new laws to be introduced to the Legislative Assembly today will help lower gas and electricity prices in Canberra.The legislation is part of setting up the National Energy Customer ...

  • Japan current account surplus down 8.6% in March AFP - Thu, May 10, 2012 1:17 AM AEST
    Japan sees record drop in current account surplus

    Japan's current account surplus fell 8.6 percent in March from a year earlier as higher energy costs pushed up import bills, official data showed Thursday.The surplus in the current account, the broadest ...

  • Japan to take control of Fukushima operator TEPCO AFP - Wed, May 9, 2012 1:28 PM AEST
    Japan to take control of Fukushima operator TEPCO

    Japan's government will take a controlling stake in the operator of the Fukushima nuclear plant under a plan ministers approved Wednesday, effectively nationalising one of the world's largest utilities.Tokyo ...

  • Construction workers strike over safety concerns ABC - Wed, May 9, 2012 1:19 PM AEST

    Hundreds of workers have walked off the largest construction site in New South Wales over safety concerns.The Construction, Forestry, Mining and Energy Union says about 500 people are on strike at the ...

  • Katter says CopperString funding 'good news' ABC - Wed, May 9, 2012 9:55 AM AEST

    North Queensland federal MP Bob Katter says the federal Budget has preserved funding for a major energy project in the region.Federal Treasurer Wayne Swan unveiled the Budget last night, announcing billions ...

Next >>