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BHP Billiton to invest $2bn in Mad Dog Phase 2 project

BHP Billiton will spend US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico. Located...

ExxonMobil Australia announces multi-million dollar investment in Altona Refinery

ExxonMobil Australia’s subsidiary Mobil Refining Australia (Mobil) has announced plans to expand Altona refinery’s capacity utilising locally produced crude to meet the region’s growing...

No permit, no problem – BHP Billiton plans to export US oil despite ban

Mining giant BHP Billiton has revealed plans to export ultra-light oil from the US without getting formal approval from Washington, testing the limits of...

Is the closure of the Brisbane refinery the beginning of things to come?

The recently announced closure of the Brisbane oil refinery delivered yet another hammer blow to the Australian manufacturing, signalling more shut-downs in the sector. In...
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