I believe John Redwood recently said that it was odd that commodity prices have been falling while Chinese demand has been steadily rising as forecast. As their economy turns more to retail consumption, the demand for consumer products and energy which drive the commodity markets has been rising as China is definitely the elephant in the room in terms of its influence on global demand. 430 more words
Tags » BHP Billiton
By CHRISTOPHER RUSSELL, The Advertiser, July 31, 2015 1:51PM
Jo Barron-Perry, BHP’s senior mining engineer at the Olympic Dam operations. Picture supplied by SACOME.
WORKING deep underground at Olympic Dam in the harsh South Australian Outback would seem like no place for a woman in the minds of traditionalists. 483 more words
Rescuers stand near damaged vehicles close to the site of last week’s explosions at Binhai new district in Tianjin, China. Many operations have resumed at China’s Tianjin port, trade sources said, after explosions last week that killed more than 100 people and disrupted business at what is an important oil, gas and bulk import harbor for Asia’s biggest economy. 27 more words
Sydney (Platts)–7 Aug 2015 958 am EDT/1358 GMT
ExxonMobil has completed a A$335 million ($246 million) drilling program at the Turrum field in Bass Strait aimed at unlocking additional gas supplies for eastern Australia. 364 more words