Archive for May, 2013

30
May

Mining services slump is not a passing storm

Mining services slump is not a passing storm

Earlier this year the mining services stocks took a collective bath as large mining companies such as BHP, RIO, Xstrata and Peabody made it clear that they were winding back their spending on exploration and development. It was clear that service providers needed to rethink their business plans.

02
May

Oil Search – first gas looms

Oil Search – first gas looms

Oil Search is now within months of running first test gas from Kutubu in the Papua New Guinea highlands down the pipe to the ocean and across the Gulf of Papua to the LNG facility just west of Port Moresby. Gas for LNG export will commence flowing mid next year.