Oct 18, 2017 Last Updated 7:56 AM, Oct 18, 2017

New Entry From the Editor :

BHP reports mixed results for copper and iron ore in Q2

BHP reports mixed results for …

AusBN - The world’s number one miner BHP announced increased copper p...

Rio Tinto ships more Pilbara iron ore but lowers copper outlook in Q3 report

Rio Tinto ships more Pilbara i…

AusBN - Rio Tinto (ASX:RIO) produced another set of mixed results in its Q3...

Chevron abandons drilling in Great Australian Bight

Chevron abandons drilling in G…

AusBN - Chevron has halted its plans to explore in the deep waters off Aust...

Australian funds to buy Maui gas pipeline

pipelineAusBN – Shell (LSE, NYSE, Euronext: RDSA, RDSB) subsidiary Maui Mining will sell the Maui Pipeline in New Zealand to two infrastructure funds managed by First State Investments of Australia.

Global Diversified Infrastructure Fund and Colonial First State Active Infrastructure Income Fund will pay NZ$335 million (US$223 million) for the 307-kilometre pipeline.

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South Australian wind farm wins ACT contract

renewablesAusBN – The 270-megawatt Hornsdale Wind Farm, currently under construction about 220 kilometres north of Adelaide, has won a contract to deliver an additional 100 megawatts of electricity to the Australian Capital Territory.

Being built near Jamestown, Hornsdale is a joint venture between French company Neoen and Megawatt Capital Investments.

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Otto and Byron Energy sign farm-out deal

statoilAusBN – Australian oil and gas companies Otto Energy Limited (ASX: OEL) and Byron Energy Limited (ASX: BYE) have signed a farm-out agreement worth up to US$17.3 million to further develop Byron’s projects in the Gulf of Mexico.

Otto will earn working interests of up to 50% in Byron’s SM 6 and SM 70/71 leases by paying a disproportionate share of the drilling costs and reimbursing a portion of Byron’s past costs.

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