Yearly Archives: 2017

As the price of coking coal reaches a seven-month high of around US$236 a tonne, BHP is studying its options to potentially boost production from its Queensland assets, according to multiple reports. Healthy demand for the product, which is used in steelmaking, drove the benchmark price up 33% in November. And according to The Australian, BHP’s

While Asia has abundant LNG supply, the region MIFF lacks the right infrastructure and commercial arrangements to develop the necessary LNG supply” networks to sustainably meet rising demand. AG&P’s Derek Thomas explains. With the demand for cleaner and cheaper sources of power rapidly increasing across Asia, developers are seeking efficient, low cost and reliable ways

Australian Competition & Consumer Commission boss Rod Sims says recent events in the east coast gas market have confirmed the watchdog’s “worst fears”. Speaking at the recent Australia Domestic Gas Outlook Conference in Sydney, Sims called for new and more diverse sources of gas supply into the domestic market. Just as Australia’s gas market has

Australian potash explorer Danakali Limited has selected Fluor following a competitive bid process. In January, giant US-headquartered engineering firm Fluor Corporation was awarded a front-end engineering, design and optimization (FEED) contract by Danakali Limited in Eritrea, East Africa for the Colluli Potash Project following a competitive tendering process initiated and completed in 2016. “Fluor will

A new, 20,000 TEU per annum deal has helped east coast rail operator Aurizon announce a 10% rise in intermodal volumes in the first half of FY17, balancing out slight declines in bulk and freight. The Brisbane-based, ASX-listed operator disclosed its December quarter above rail volumes on January 18. Coal volumes were up 5% year-on-year