NEWS

Bullish gasoline market wreaks havoc on European petrochemicals: ICIS

Strong demand for gasoline in Europe and the US is having unprecedented impacts on Europe’s petrochemical markets, according to Independent Commodity Intelligence Services (ICIS). ICIS petrochemical market... more

NEWS

Microfossils provide clues about Australia’s petroleum potential

Microfossils derived from the earliest land plants and extinct marine groups have been recovered from 42 samples taken from the Barnicarndy 1 well, drilled in partnership with the Geological Survey of Western A... more

NEWS

AEMO makes unprecedented decision to suspend energy market

AEMO has had to suspend the spot market in all regions of the National Electricity Market (NEM), stating it has become impossible to operate as is. AEMO applied a suspension pricing schedule for each NEM reg... more

NEWS

Wage rises to be felt, but lack of skilled workers a bigger issue

The Fair Work Commission has announced a $40 a week increase to the National Minimum Wage, which amounts to an increase of 5.2 per cent, and a 4.6 per cent increase to minimum award wages, with a $40 minimum in... more