Edition:
United Kingdom

Sonali Paul

Mitsui looks to sell 40% stake in Australian BassGas project

19 Sep 2019

MELBOURNE Japan's Mitsui & Co has put its 40% stake in the BassGas project off southeastern Australia up for sale, the company said on Thursday.

UPDATE 2-Exxon Mobil puts Australian Bass Strait oil, gas assets up for sale

18 Sep 2019

* JV partner BHP declines to comment (Adds analyst comments, detail)

Hong Kongers troubled by unrest look for new homes abroad

15 Sep 2019

HONG KONG/MELBOURNE/VANCOUVER As protests in Hong Kong stretch from summer into autumn with little sign of resolution, a surge in migration applications suggests more locals are making plans to leave the special administrative region.

Japan's Inpex eyes Australia expansion, including via acquisitions

13 Sep 2019

MELBOURNE Inpex Corp , Japan's top oil and gas company, wants to expand in Australia at its Ichthys liquefied natural gas (LNG) plant and through potential acquisitions, as part of a plan to become a major regional gas company, its Australian boss said.

ANALYSIS-As unrest deepens, Hong Kongers eye exits from Vancouver to Melbourne

13 Sep 2019

* Hong Kongers' applications for Taiwan, Malaysia residency jump

Australian watchdog hurt competition by barring Vodafone, TPG merger: telcos

10 Sep 2019

MELBOURNE Australia's antitrust regulator has hurt competition by blocking a A$15 billion ($10 billion) merger between the nation's third- and fourth-largest telecoms providers, the companies said in court on Tuesday as their legal appeal got underway.

Australia regulator accused of harming competition in Vodafone, TPG telco decision

10 Sep 2019

MELBOURNE, Sept 10 Australia's antitrust regulator has hurt competition, not helped it, by blocking a A$15 billion ($10 billion) merger between the third- and fourth-largest telecoms providers, a lawyer for one of the companies told a court on Tuesday.

Oil Search woes in Papua New Guinea throw spotlight on Alaska

09 Sep 2019

MELBOURNE With a giant gas project expansion in the tropical highlands of remote Papua New Guinea bogged down by politics, the country's biggest company, Oil Search , is turning for growth to the other side of the world in Alaska's frozen wilderness.

UPDATE 3-Papua New Guinea sticks to gas deal with Total for $13 bln project

03 Sep 2019

* Oil Search shares rise 2% in flat market (Adds Oil Search comment on economy)

Shell enters Australia power industry with $419 million bid for ERM Power

22 Aug 2019

MELBOURNE Royal Dutch Shell has made its first foray into Australia's highly competitive power sector with a A$617 million ($419 million) takeover offer for ERM Power Ltd, the country's no.2 energy retailer to businesses and industry.

World News

Iran says it will destroy any aggressor

Iran will pursue any aggressor, even it carries out a limited attack, and seek to destroy it, the head of the elite Revolutionary Guards said on Saturday, after attacks on Saudi oil sites which Riyadh and U.S officials blamed on Tehran.