Santos to construct gas power station
Santos Ltd has delivered a rise in half year profit and flagged a proposal to build an $800 million gas power station in Victoria.
08/21/08
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Britain's BG bids $12 bln for...
Reuters - British gas producer BG Group Plc
has made a $12.1 billion bid approach to Australian
utility and emerging gas player, Origin Energy Ltd ,
seeking to bolster its...
04/30/08
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Stocks to watch
Stocks of interest on the Australian stock exchange today.
Oil Search to divest Middle East assets
Oil Search plans to sell a number of its Middle Eastern assets as it focuses on the development of its Papua New Guinea liquefied natural gas project.
Oil Search to focus on PNG LNG
Oil Search plans to divest non-core assets as the company focuses on the $US10 billion ($A10.77 billion) Papua New Guinea liquefied natural gas project.
03/19/08
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PNG LNG partners closer to FEED decision
Oil Search and the participants in the PNG liquefied natural gas project have signed a deal ahead of an expected front end engineering and design decision.
03/14/08
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PNG LNG partners a step closer to deal
Oil Search Ltd and the participants in the Papua New Guinea liquefied natural gas project have signed a joint operating agreement.
03/14/08
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Qld Gas Company downgrades sales
Queensland Gas Company has downgraded its gas sales forecasts amid plans to focus on increasing its gas reserves for a liquefied natural gas project.
03/05/08
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Santos to construct gas power station
August 21, 2008
Santos Ltd has delivered a rise in half year profit and flagged a proposal to build an $800 million gas power station in Victoria.
Babcock & Brown shares dive on fee flow fears
Babcock & Brown, the worst- performing stock on the MSCI Asia-Pacific Index, fell on concerns that credit market turmoil may cut proceeds from asset sales to reduce debt.
Fairfax moves to unwind margin loan
THE Fairfax Media director John B. Fairfax has unwound a margin loan over 159 million of the publisher's shares, which was believed to have prompted short-sellers to target the stock over recent weeks.
Orica to demerge consumer products
Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
Red Wings reward Babcock for winning...
AP - Mike Babcock's new contract allows the oldest of his three children to graduate from the same high school she's attending. And if all goes well with the Detroit Red Wings...
Qantas full-year profit up 44%
Qantas has increased its full year profit by 44.1 per cent but says it is starting to feel the effect of higher fuel costs amid an uncertain economic outlook.
Telstra to outdo profit guidance
Telstra is expected to do better than its guidance when it reveals its annual profit results this week, as it increases revenue from its Next G mobile services.
Qantas profit up but outlook uncertain
Qantas expects a 41 per cent fall in profit this financial year as the airline faces the headwinds of rising fuel costs and a slowing global economy.
Wesfarmers expecting solid growth
Coles owner Wesfarmers has delivered a 33.6 per cent rise in annual profit and expects solid growth again this year despite a tougher economic environment.
Babcock's jig is up
The writedowns have begun, corporate finance has been axed, and a fire sale of assets is now on. Babcock's survival hinges on this.
Crown reports $370.1m in profit
Casinos operator Crown Ltd says its Australian casinos have been trading satisfactorily since the start of the 2008/09 financial year.
Local punters moderate losing streak...
AFTER a disappointing nine months for James Packer's Crown Limited, in which investors had dumped stock amid fears the company was overexposed to the ailing US gaming market,...
08/20/08
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