[caption id="attachment_21080" align="alignleft" width="550"] Credit: Rio Tinto[/caption] Rio Tinto (LSE:RIO) (ASX:RIO) has taken a huge step in implementing a driverless train network in its Pilbara iron ore operations. The diversified mining giant completed its first long haul autonomous train journey, controlled by operatives hundreds of kilometres away,...
BHP (ASX:BHP) (LSE:BLT) demonstrated a strong financial performance for the last fiscal year returning to profits of US$5.9 billion. The diversified resources giant’s boost came from a upswing in primary commodity prices and the effects of cot-cutting measures in the downturn taking effect. The Australian firm increased...
Fortescue Metals Group chairman Andrew Forrest has announced that CEO Nev Power will step down from the role in February following seven years in charge of the firm. Forrest said that Power’s departure will signal the ‘next chapter’ for Fortescue and the CEO’s decision is consistent...
BP (LSE:BP) has confirmed that two of its upstream gas projects in Australia and Trinidad have come online, the fourth and fifth of seven major project start-ups expected over the course of the year. First production was achieved at the Persephone project off the coast of...
Australian energy firm Woodside Petroleum (ASX:WPL) has announced its third natural gas discovery off the coast of Myanmar since 2016 following an exploration campaign. The Pyi Thit-1 well was drilled to a total depth of 4,570 metres before wireline logging confirmed the presence of a gas...
Australian energy giant Santos reported an improved production guidance for 2017 combined with reduced costs for the year for its Q2 activities. The oil and LNG producer confirmed that it had upped its production forecast to 57-60 million barrels of oil equivalent (mmboe) for the year,...
Australian businesses are underestimating the value consumers place on renewable energy use, according to a new study by the Australian Renewable Energy Agency (ARENA). The research undertaken by the national renewables advocacy body found that 80% of Australians believe firms should utilise renewable sources of energy,...
BHP (ASX:BHP) is investing US$270 million in its Olympic Dam smelter operations in South Australia to bolster copper production. Copper production at Olympic Dam fell 18% to 166,000t for the financial year ending June 2017 due to a state-wide power outage during in Autumn 2016 and...
BHP (ASX:BHP) has delivered a mixed-bag of results across its operations in its full-year production report for the 12 months to end-June 2017, with iron ore output rising but copper production falling. The world’s number one mining company by value reported a 4% rise in iron...
The Australian state of Victoria has launched a US$113 million Renewable Energy Action Plan, backed by former US Vice-President and environmentalist Al Gore. Gore joined Victoria’s Minister for Energy, Environment and Climate Lily D’Ambrosio at the launch of the clean energy plan, after riding on one...