• Exclusive
• 'PNG Payoff'

PNG department silenced over Horizon licence

Staff who spoke out against issuing a controversial petroleum licence in PNG were threatened with suspension or demotion, according to an employee at the time.

• Feb 14, 2020
• Angus Grigg and Jemima Whyte

• Opinion
• The AFR View

Time to close the horizon on corruption

Business corruption in foreign nations is illegal and undermines the country's aid and foreign policy.

• Feb 14, 2020
• The AFR View

• 'PNG Payoff'

Horizon suspends CEO amid corruption allegations

The ASX-listed oil and gas company is facing allegations it paid $15 million to a politically connected shell company.

• Feb 12, 2020
• Angus Grigg and Jemima Whyte

• Oil

Energy investors unfazed as stocks hit by Norway divestment plan

Investors in local oil and gas stocks are watching if any domestic pension funds follows Norway's huge government fund in stepping away from the sector.

• Updated Mar 11, 2019
• Angela Macdonald-Smith

World's biggest fund to dump Woodside, Santos and others

Norway's sovereign wealth fund announces plans to sell off holdings of oil and gas producers with few exceptions.

• Mar 10, 2019
• James Frost and Ben Potter

• Oil

OPEC deal elates market, but CEOs cautious

Local oil and gas producers are warning it's too early to consign tough times in the oil market to history.

• Updated Dec 1, 2016
• Angela Macdonald-Smith

• Chanticleer

Reverse takeover loophole needs addressing

It has been more than two years since Roc Oil's $900 million merger with Horizon Oil exposed a loophole in ASX listing rules around reverse takeovers.

• Updated Jun 8, 2016
• Michael Smith

• Oil

Junior oil players find hedging to be a lifesaver

Oil hedging may be frowned upon by the larger companies but it has been close to a lifesaver for several of the smaller outfits.

• Updated Jan 14, 2016
• Angela Macdonald-Smith

• Gas

Horizon Oil reassures market as funding concerns weigh on stock price

Horizon Oil's share price has slumped 75 per cent since the junior was dumped by its intended merger partner Roc Oil in August 2014, but market concerns about its funding position are starting to ease.

• Jul 14, 2015
• Angela Macdonald-Smith

• Market Wrap

CBA ‘overweight’ on Horizon Oil

Commonwealth Bank has an “overweight” rating on Horizon Oil and a $0.35 target price.

• Updated Jan 30, 2015
• Will Willitts

• Market Wrap

Santos battles to keep rating as S&P cuts forecasts

The risk of further credit rating downgrades for oil and gas producers has intensified after Standard & Poor’s cut its 2015 price assumptions for the second time in the space of a month.

• Updated Jan 12, 2015
• Peter Ker

• Gas

Oil plunge will stir M&A when price settles

The dive in the oil price to near-six-year lows has set the scene for a wave of mergers in the sector but bankers say the risk prices will fall further will likely delay activity until later in the year.

• Updated Jan 12, 2015
• Angela Macdonald-Smith

• Market Wrap

Aussie shares join global slide

The losses of the past week have consolidated the Australian sharemarket’s woes for 2014. With just 11 trading sessions left the market is now down 2.5 per cent year-to-date, with hopes of the year ending with a “Santa rally” fading fast.

• Updated Dec 13, 2014
• Sally Rose

Simon Marais scales back

Simon Marais, head of funds management firm Allan Gray, is reducing his duties because of illness.

• Updated Dec 2, 2014
• Matthew Smith

• Opinion

Limited horizon

If the best form of defence is attack, Horizon Oil might have been stretching the point recently.

• Nov 27, 2014