Jun 26, 2017 Last Updated 10:15 AM, Jun 26, 2017

New Entry From the Editor :

Glencore hits back with second counter offer for Rio Tinto’s Hunter Valley coal asset

Glencore hits back with second…

AusBN - Glencore has come in with a second counter offer of US$2.675 billio...

Qantas pursuing growth in China but keeping eyes on global markets

Qantas pursuing growth in Chin…

AusBN - Qantas is looking to expand its share of the growing Chinese travel...

Bega Cheese launches $160m capital raise

Bega Cheese launches $160m cap…

AusBN - Bega Cheese is opening a AUS$160 million capital raising in order t...

100% renewable energy utility launched

solar australiaAusBN – A South Australian company has launched the country’s first 100% renewable energy utility, which will also free people from the national grid.

Zen Energy will use a combination of solar power generation, battery storage and localised energy grids to create self-sustaining communities that buy back the power they generate.

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Santos rejects $7bn takeover offer

santos logoAusBN – Oil and gas developer Santos has rejected a A$7.1 billion takeover offer, despite it representing a 26% premium on its share price at the time.

The offer came from Scepter Partners, a syndicate of wealthy investors including ruling families in Asia and the Middle East.

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NSW town to go 100% renewable

photovoltaiccellsAusBN – The town of Uralla in New South Wales plans to run on 100% renewable energy using a government-sponsored blueprint that could be adopted by other towns.

The blueprint is called the Zero Net Energy Town – the Uralla Case study, and outlines a two-stage process through which the town could go 100% renewable.

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