Mar 21, 2018 Last Updated 10:48 AM, Mar 21, 2018

New Entry From the Editor :

Glencore acquires $1.7 billion Hail Creek coal mine as rivals exit the industry

Glencore acquires $1.7 billion…

AusBN - Glencore will purchase Rio Tinto’s Hail Creek coal mine in Qu...

TPG Telecom H1 profit dips 11% to under $200 million

TPG Telecom H1 profit dips 11%…

AusBN - Telecommunications firm TPG Telecom has posted a first-half net pro...

Australian junior Raiden Resources strikes momentous deal with Rio Tinto

Australian junior Raiden Resou…

AusBN - Raiden Resources (ASX:RDN) will enter a joint venture with Rio Tint...

ACCC approves Shell-BG merger

offshoreoilAusBN – A merger between Shell and BG Group has received unconditional clearance from the Australian Competition and Consumer Commission (ACCC).

This is the third of five pre-conditions to be met – the merger still needs clearance from Australia’s Foreign Investment Review Board (FIRB) and China’s Ministry of Commerce (MOFCOM).

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QLD-NT pipeline contract goes to Jemena

pipelineAusBN – Jemena, a company jointly owned by the State Grid Corporation of China and Singapore Power, has won the tender to build a 622-kilometre gas pipeline in Australia.

The North East Gas Interconnector (NEGI) pipeline will link the Amadeus pipeline in the Northern Territory to the Carpentaria pipeline between Tennant Creek and Mount Isa in Queensland.

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Australian iron ore majors in "imaginary world"

Iron ore rubbleAusBN – The USA’s largest iron ore producer has accused its Australian competitors of hurting the entire market by ramping up production when prices are low.

Lourenco Gonclaves, CEO of Cliffs Natural Resources Inc., told Bloomberg in an interview: “Prices below $50 are not comfortable to anyone, including the majors.

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