Tag: crude oil
BHP Billiton to invest $2bn in Mad Dog Phase 2 project
BHP Billiton will spend US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico.
Located...
ExxonMobil Australia announces multi-million dollar investment in Altona Refinery
ExxonMobil Australia’s subsidiary Mobil Refining Australia (Mobil) has announced plans to expand Altona refinery’s capacity utilising locally produced crude to meet the region’s growing...
No permit, no problem – BHP Billiton plans to export US oil despite ban
Mining giant BHP Billiton has revealed plans to export ultra-light oil from the US without getting formal approval from Washington, testing the limits of...
Is the closure of the Brisbane refinery the beginning of things to come?
The recently announced closure of the Brisbane oil refinery delivered yet another hammer blow to the Australian manufacturing, signalling more shut-downs in the sector.
In...
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
