MELBOURNE Japan's Mitsui & Co has put its 40% stake in the BassGas project off southeastern Australia up for sale, the company said on Thursday.
MELBOURNE Exxon Mobil Corp said on Wednesday it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in Australia's Bass Strait as part of a broader review of its global portfolio of assets.
* JV partner BHP declines to comment
(Adds analyst comments, detail)
MELBOURNE Inpex Corp , Japan's top oil and gas company, wants to expand in Australia at its Ichthys liquefied natural gas (LNG) plant and through potential acquisitions, as part of a plan to become a major regional gas company, its Australian boss said.
HONG KONG/MELBOURNE/VANCOUVER As protests in Hong Kong stretch from summer into autumn with little sign of resolution, a surge in migration applications suggests more locals are making plans to leave the special administrative region.
* Hong Kongers' applications for Taiwan, Malaysia residency
MELBOURNE Australia's antitrust regulator has hurt competition by blocking a A$15 billion ($10 billion) merger between the nation's third- and fourth-largest telecoms providers, the companies said in court on Tuesday as their legal appeal got underway.
MELBOURNE, Sept 10 Australia's antitrust
regulator has hurt competition, not helped it, by blocking a
A$15 billion ($10 billion) merger between the third- and
fourth-largest telecoms providers, a lawyer for one of the
companies told a court on Tuesday.
MELBOURNE With a giant gas project expansion in the tropical highlands of remote Papua New Guinea bogged down by politics, the country's biggest company, Oil Search, is turning for growth to the other side of the world in Alaska's frozen wilderness.
MELBOURNE Papua New Guinea said on Tuesday it will honor a gas deal that Total SA signed with a previous government for a $13 billion plan to expand gas exports, after securing minor concessions from the French company.