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Sonali Paul

Australia suffers record coronavirus deaths, triggering tighter curbs

8:06am BST

MELBOURNE Australia reported a record 15 deaths from COVID-19 on Wednesday, all in Victoria state, which was preparing to close much of its economy to control a second wave of infection that threatens to spread across the country.

CORRECTED-UPDATE 1-Australia fears contagion as Victoria state reports record coronavirus deaths

6:52am BST

MELBOURNE, Aug 5 Australia's Victoria state reported a record rise in new COVID-19 cases and deaths on Wednesday, as it prepared to close much of its economy to control a second wave of infection that threatens to spread across the country.

Australia's Queensland shuts state border to stem COVID-19 second wave

2:01am BST

MELBOURNE, Aug 5 Australia's Queensland state on Wednesday said it would close its border with New South Wales state to hold back a second wave of COVID-19, while the country's second-largest city Melbourne was set to shut most businesses from midnight.

Oil prices drop on fuel demand worries as coronavirus flares up

04 Aug 2020

MELBOURNE, Aug 4 Oil prices fell in early trade on Tuesday on concerns about fuel demand growth as a fresh wave of COVID-19 infections around the world sparks tighter lockdowns just as major producers ramp up output.

Australia fast tracks approval process for $16 billion solar power export project

30 Jul 2020

MELBOURNE Australia's plan to fast track the approval process for a A$22 billion ($16 billion) project to export solar power to Singapore could help it secure financing earlier than planned, the project's boss said on Thursday.

Oil prices slip as COVID-19 case surge dents fuel demand hopes

30 Jul 2020

MELBOURNE, July 30 Oil prices dipped on Thursday as a surge of coronavirus infections around the globe raised fears a rebound in fuel demand would stutter just as major oil producers are set to raise output in August.

Emergency teams battle Australia's worst virus outbreak in aged homes

29 Jul 2020

MELBOURNE/SYDNEY Australia has sent defence and emergency medical teams, usually deployed to disaster zones, to aged care homes in the city of Melbourne to help contain the country's worst outbreak of the coronavirus.

Woodside weighs blocking Russia's Lukoil from joining Senegal oil project

28 Jul 2020

MELBOURNE Australia's Woodside Petroleum said on Tuesday it is considering blocking Russia's Lukoil from becoming a partner in the $4.2 billion (3.27 billion pounds) Sangomar oil project, which it could do by increasing its stake in Senegal's first oil development.

Oil prices rise on U.S. stimulus hopes, weaker U.S. dollar

28 Jul 2020

MELBOURNE, July 28 Oil prices rose for a third straight day on Tuesday, buoyed by support for demand coming from efforts to stimulate the U.S. economy's recovery from the coronavirus crisis and a weakening of the dollar that makes crude cheaper for global buyers.

UPDATE 1-Papua New Guinea may let Barrick reopen mine if court case dropped

17 Jul 2020

* Barrick has submitted generous new plan to state (Recasts with Barrick comments)

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