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Weak LNG prices to put new Australian projects under pressure

2015-03-04 04:18:13| Oil & Gas - Topix.net

A new analysis from a globally respected consultancy has dashed hopes of an upturn in liquefied natural gas prices by the time the bulk of Australia's $200 billion wave of new projects begins production later this year. Spot LNG prices in Asia are likely to suffer a fresh bout of weakness just as most of the plants start up, according to Edinburgh-based Wood Mackenzie, which is forecasting prices below the break-even threshold cited by many analysts for the new local projects.

Tags: under put prices projects

 

Australian dollar dips in anticipation of RBA rate call

2015-03-02 10:53:18| Automakers - Topix.net

The Australian dollar was trading in a holding pattern on Monday afternoon ahead of Tuesday's interest rate decision by the Reserve Bank of Australia, with odds jumping in favour of a cut. Better-than-expected Chinese manufacturing PMI data pushed the Australian dollar up to US78.3 at the start of trade, but that soon dropped.

Tags: call rate dollar australian

 
 

Dassault Aviation to Present Falcon Fleet at Australian International Airshow

2015-02-27 11:31:02| Industrial Newsroom - All News for Today

MELBOURNE, Australia  Avalon Airport (February 24 - March 1, 2015) Dassault Aviation will present its Falcon fleet of large cabin, long range business jets at the Australian International Airshow, Australia's largest and most comprehensive aviation, aerospace and defense exposition. The six day event, which opens...

Tags: international present australian aviation

 

Australian wine firm back to profit

2015-02-27 03:59:54| BBC News | Business | UK Edition

One of the world's biggest listed winemakers, Australia's Treasury Wine Estates (TWE) has returned to profit in the six months to December.

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Study predicts global warming will see Australian deserts grow bigger

2015-02-26 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: A United States climate study says global warming will cause Australian deserts to get bigger and expand to the south. The study's lead researcher William Lau, of the University of Maryland, said changes in atmospheric circulation was contributing to global dryness, in terms of a reduction of relative humidity in the sub tropics. Dr Lau said he believed the changes were directly related to prolonged droughts. "We provide a physical basis for inferring that greenhouse warming is likely to...

Tags: study global grow australian

 

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