Gladstone, Australia News

AMRESEARCH has reaffirmed its buy recommendation on KNM Group Bhd at RM6.20 with a target price of RM8.20 given the company's strong FY08-FY10 forecast earnings compound annual growth rate of 35%. The research ...

Santos Limited's plans for setting up a project to turn coal seam gas into liquefied natural gas in Gladstone, Queensland, is advancing with the selection of Indonesia's state-owned hydrocarbons utility ...

Unconventional sources of natural gas, such as coal seam and shale, are likely to increase their contribution to supplies of the fuel, said Santos Ltd.

Australia's Origin Energy Ltd rejected a revised $13 billion bid from UK gas producer BG Group Plc , saying its coal seam gas reserves alone were worth over $15 billion after doubling its resource estimate.

KUALA LUMPUR: Petroliam Nasional Bhd is buying a 40% stake in Australia-based Santos Ltd's proposed integrated liquefied natural gas project in Gladstone, Queensland for about US$2.5bil . "This comprises an ...

DESPITE higher costs and shortages of labour and equipment, rapid growth in Australian resources projects shows little sign of abating, with the number of early-stage projects growing by 30 per cent in the past ...

“Manufacturers will work to keep vehicles under that price and this will mean important safety features such as electronic stability control and side curtain air bags may not be included.”

QUEENSLAND'S economic boom is set to be further enhanced by today's Federal Budget, after Treasurer Wayne Swan pledged to help tackle the state's "growing pains". The centrepiece of the first Labor Budget in 12 ... via News.com.au

SHELL, Tokyo Electric Power and an unnamed Australian utility - presumed to be AGL - have been linked to the search by Santos for a "technical" partner for its proposed coal-seam liquefied natural gas project ... via The Age

GAS and electricity prices will skyrocket by up to 20 per cent in coming years if BG Group succeeds in its $12.9 billion bid for the country's biggest energy group Origin Energy. via News.com.au

“Rio Tinto has a defined pathway to become the largest producer of alumna, and we will pursue this, while retaining our focus on excellence in health, safety and environmental performance.”

Rio Tinto Alcan said Tuesday that it is firmly positioned to meet growing global demand for alumina, with its Yarwun alumina refinery achieving record performance in November and December, and with significant ... via Aluminum Association

“I believe that Golding together with CHAMP will continue to grow and maintain its enviable position in Queensland.”

Castle Harlan, Inc., the New York private equity investment firm, announced today that its Australian affiliate CHAMP Private Equity has purchased Golding Contractors Pty Ltd, a company active in the mining ... via Huliq.com

THE WOODLANDS, Texas-- --CB&I has been awarded a contract valued in excess of US$130 million by Rio Tinto Alcan for the design and construction of storage tanks and associated works for the expansion of the ... via Business Wire

Santos Ltd., Australia's third- biggest oil and gas producer, said fourth-quarter sales fell 3 percent as output declined from older fields and an electrical fault cut supplies from its largest oil venture. via Bloomberg

Gladstone Pacific Nickel Ltd ACN - Feasibility Study Results Gladstone nickel project feasibility study shows US$625 million profit after tax & interest in first year of full production GLADSTONE, QUEENSLAND, ... via Canada NewsWire

“Cultural bias is more of a threat, and a non-literate and technologically pre-modern indigenous culture hardly registers as culture at all to many Chinese. But this can be overcome through education.”

FROM Sudan to Papua New Guinea, China's worldwide effort to secure raw materials for its roaring economy is taking its inexperienced but suddenly powerful corporations into countries and regions where the writ ... via The Sydney Morning Herald

Gladstone Pacific Nickel Limited - Board restructure to make way for project construction > GLADSTONE, QUEENSLAND, Dec. via Canada NewsWire

WILL Australians ever fall out of love with Queensland? It seems no matter what she does or what mood she's in, the passion lingers. via The Austrailian

“Rio Tinto Alcan is pleased to welcome Sandeep into the executive management team of the new world leader in aluminium. Through his international experience in the resource sector, Sandeep is highly qualified to lead this strategic function”

MONTREAL, Oct. 31 /CNW Telbec/ - Rio Tinto Alcan today announced that Sandeep Biswas will join the group's executive management team. via Canada NewsWire

“A government that's gone stale”

Labor has retained its commanding lead over the Coalition in the latest opinion poll, holding a 12-point lead after preferences. via Australian Broadcasting Corporation