The GuardianFormer Labor minister agrees overhaul of current tax on oil and gas projects inadvisableThe GuardianThe review acknowledged one of the most controversial design features of the PRRT was the so-called “uplift rate” for exploration deductions tha …

MarketWatchWhy investors should brace for a devastating oil shock aheadMarketWatchIf Independence Day were about feting the U.S. weaning itself from foreign oil and forging a renewables future, the man behind our call of the day probably wouldn't be so …

Cornwall LiveCornwall faces olive oil and wine price hikes because it's too hot in SpainCornwall LiveAn olive oil and wine shortage could be on its way because this time it's too hot on the Costas. International supplies of olives and wine are unde …

The GuardianSenate told current tax on oil and gas projects cannot change but future deals shouldThe GuardianMichael Callaghan, who wrote the review of the petroleum resource rent tax, has defended his controversial recommendation to make minimal changes t …

Financial TimesS&P 500 closes at record as oil prices reboundFinancial TimesBut a late rally on Wall Street helped the S&P 500 edge up to a record closing high, as oil prices rebounded after sliding to their lowest levels since November. The euro h …

The GuardianOil hits five-month low amid warnings of commodities routThe GuardianRic Spooner, chief market analyst at CMC Markets in Sydney, said: “The commodity optimism of earlier this year looks to be in the process of being completely unwound. Last nig …

The GuardianOil hits five-month low amid warnings of commodities rout | Business ...The GuardianCrude hit by booming US output and Opec's unwillingness to cut, while metals were under pressure from slowing Chinese demand.Energy's reversal of fortun …

The GuardianFed rate hike boosts Asia Pacific markets but oil price continues to fallThe GuardianFed rate hike boosts Asia Pacific markets but oil price continues to fall. The first US rate rise since 2006 has stoked confidence in world markets despite con …

The GuardianAsian stock markets drop as China devaluation, oil and Fed stoke fearsThe GuardianAsian stocks have fallen sharply and the Chinese currency hit fresh four-year lows as concern about crude oil prices and an expected US rate rise by the Federal R …