September 2018
Origin Energy signs up for more gas offshore Victoria
Origin Energy has won a competitive tender for gas from Cooper Energy's Casino Henry venture off the Victorian coast.
- Updated
- Angela Macdonald-Smith
July 2018
Due Diligence: Rich Lister Chris Ellison isn't a fan of bidding wars
Chris Ellison fans suggest that he is the most pragmatic managing director in the country.
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- Brad Thompson
April 2018
Mitsui's way clear to full AWE control as Seven Group sells
Kerry Stokes' Seven Group has finally accepted Mitsui's $602 million takeover offer for its shares in oil and gas play AWE.
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- Angela Macdonald-Smith
- Opinion
- Gas
Mitsui moves to front seat in Australian gas
The idea that Mitsui could or would be squeezed into surrendering the opportunity to operate the major WA gas project it has bought is risible.
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- Matthew Stevens
Seven Group holds out on Mitsui's $602m offer for AWE
Kerry Stokes' Seven Group Holdings has emerged as a thorn in the side of Mitsui, creating a real risk the Japanese trading giant will fail to secure total ownership of AWE in its $602m takeover bid.
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- Angela Macdonald-Smith
March 2018
Mineral Resources off restricted list at Macquarie
Here's something to think about for anyone holding out for a fourth round in listed oil and gas junior AWE's bidding war.
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- Sarah Thompson, Anthony Macdonald and Joyce Moullakis
- Opinion
- Gas
BHP opens shale data doors
All four of BHP's US shale datarooms are now open and the global Australian says it is likely to attract up to 50 authentic investors to the sale process for the two oil-rich corners of its portfolio.
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- Matthew Stevens
AWE activist urges investors hold onto their shares for higher price
Activist shareholder James Dunphy is urging AWE shareholders to hold on for $1.10 a share, some 15 per cent more than Mitsui's $602 million takeover bid.
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- Angela Macdonald-Smith
February 2018
AWE sees slow progress on Waitsia gas as takeover works through
Takeover target AWE has advised of a delay in progressing toward development of the prized Waitsia gas field in WA.
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- Angela Macdonald-Smith
Mitsui eyes Australian oil and gas expansion with AWE takeover
Japan's Mitsui looks set to expand into a fully fledged operator in the Australian oil and gas sector after it seals $602 million AWE takeover.
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- Angela Macdonald-Smith
RBC forces CERCG to mealy-mouthed apology
What a miserable week it's been for China Energy Reserve and Chemicals Group, the state-owned suitor for Sydney-based oil and gas company AWE.
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- Myriam Robin
Mineral Resources boss Chris Ellison refuses to concede defeat in battle for AWE
Mineral Resources boss Chris Ellison refuses to concede defeat in the takeover battle for AWE, and vows to push into new commodities
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- Peter Ker
Mitsui moves to seal $602m takeover of AWE as Mineral Resources walks
Japan's Mitsui has signed a $602 million cash takeover deal with AWE after the board of the oil and gas player switched its recommendation from Mineral Resources' lower bid.
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- Angela Macdonald-Smith
Mitsui in box seat for AWE as MinRes finds price too rich
Rich Lister Chris Ellison's Mineral Resources has given up on its ambitions to acquire in-demand oil and gas play AWE.
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- Angela Macdonald-Smith
- Opinion
- Coal
Ombudsman targets CFMEU and Scabby the Rat in Oaky North fight
The Fair Work Ombudsman has confirmed a formal investigation into coal union conduct at the increasingly infamous Oaky North lock-out.
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- Matthew Stevens
January 2018
Beach Energy 'protecting its interests' amid AWE's $600m-plus takeover war
Beach Energy is "making sure our interests are protected" as the $600 million-plus takeover tussle plays out over AWE.
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- Angela Macdonald-Smith
AWE gives Mineral Resources chance to match Mitsui's $602m takeover offer
Mineral Resources now has three days to match Mitsui's $602 million takeover offer for AWE or lose the recommendation of the target's board for its lower bid.
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- Angela Macdonald-Smith
- Opinion
- Gas
Mitsui trumps Chris Ellison in the race for AWE
With impeccable timing, Mitsui & Co of Japan has made a three-cornered and now increasingly multinational contest for AWE Limited.
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- Matthew Stevens
Mitsui enters race to take over AWE
AWE has attracted a third takeover offer, with Japanese heavyweight trader Mitsui lobbing a bid that trumps Mineral Resources' one.
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- Angela Macdonald-Smith
Rothschild, Freehills tow Mitsui towards AWE
Rothschild and law firm Herbert Smith Freehills are advising AWE's latest suitor, Japanese trading house Mitsui.
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- Sarah Thompson, Anthony Macdonald and Joyce Moullakis