Australia and NZ news

PetroChina venturing Outback

 

China’s largest oil and gas producer, PetroChina, has agreed to buy BHP Billiton’s stake in the Browse liquefied natural gas (LNG) project in Western Australia. 
PetroChina venturing Outback

Fortescue debt deal results in share price rise

Fortescue Metals Group has seen its share price rise by up to 17 percent after the Australian miner confirmed it had secured a $4.5 billion credit facility.
Fortescue debt deal results in share price rise

Qantas and Emirates form alliance

Qantas and Emirates airlines have joined forces to create a new global aviation partnership, it has been announced.
Qantas and Emirates form alliance

Sundance agrees to Chinese takeover bid

Australia’s Sundance Resources has accepted a takeover offer from China’s Hanlong (Africa) Mining Investment.
Sundance agrees to Chinese takeover bid

Environmental green light for Alpha Project

India’s GVK has been granted environmental approval for its Alpha Mine and Rail Project in Queensland, Australia
Environmental green light for Alpha Project

Coca-Cola to re-enter Australian beer market

Australian bottling company Coca-Cola Amatil has agreed to lend around $46 million to the Australian Beer Company, it has been announced.
Coca-Cola to re-enter Australian beer market

Drilling begins at Mbawa prospect

Australia’s Origin Energy has announced the commencement of drilling at the Mbawa prospect offshore Kenya.
Drilling begins at Mbawa prospect

Steel giants agree coated products joint venture

Bluescope and Nippon Steel have formed a $1.4 billion joint venture encompassing BlueScope’s ASEAN and North American building products business.
Steel giants agree coated products joint venture

Bannerman provides Epangelo update

Australia’s Bannerman Resources has announced an update on its discussions with Namibian state-owned mining company Epangelo Mining Company.
Bannerman provides Epangelo update

Qantas confirms Emirates talks

Australian airline Qantas has confirmed it is in discussions with a number of other airlines about potential alliances.
Qantas confirms Emirates talks

Terra Nova Minerals signs geophysical data acquisition agreement

Terra Nova Minerals Inc. has signed an agreement with Geokinetics (Australia) Pty. Ltd. of Brisbane, for a 127 square kilometre 3D seismic survey.
Terra Nova Minerals signs geophysical data acquisition agreement

Vodafone acquires TelstraÔÇÖs New Zealand operation

Vodafone Group has announced its acquisition of the New Zealand business of Telstra Corporation for £430 million.
Vodafone acquires TelstraÔÇÖs New Zealand operation

Gate Gourmet to acquire Qantas assets

Airline services company Gate Gourmet has agreed to acquire catering facilities owned by Qantas Catering Group in Australia.
Gate Gourmet to acquire Qantas assets

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