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(22 October 2015, The Age, BusinessDay, p25, Angela Macdonald-Smith, Energy Reporter, View more articles from Angela Macdonald-Smit) ‘BHP Billiton, Rio Tinto, Shell and other fossil fuel producers are betting on over-optimistic demand growth for their products, ignoring rapid advances in technology such as solar power and battery storage and likely lower-than-expected population growth, according to … Continue reading
(15 Jan 2015, AFR, p29, Jonathan Saul) ‘Some of the world’s biggest oil traders have booked supertankers to store at least 25 million barrels at sea in recent days, seeking to take advantage of the crash in crude prices and make a profit down the line. Floating storage levels are expected to increase further in … Continue reading
(19 Feb 2014, The Age, p4, Clay Lucas) ‘It is an exodus on a scale not seen before in Victoria’s second city: Ford, Qantas, Alcoa and perhaps Shell will all soon be gone. Ford’s pull-out will see 510 manufacturing jobs go in late 2016 (although hundreds of design jobs with Ford will stay). About 300 … Continue reading
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