Takeover target Oil Search eyes growth
OIL and gas producer Oil Search says it can finance growth despite low oil prices, and repeated it remains open to outside offers that create value.
OIL Search is confident of financing growth opportunities in Papua New Guinea without having to accept Woodside's $11.6 billion takeover offer.
THE Papua New Guinea-focused company rejected Woodside's approach in September after its board decided the bid undervalued Oil Search.
Aussies to be slugged $100m this weekend
Collectively Aussies will spend millions of dollars in additional costs as the price of visiting cafes, pubs and restaurants is set to soar over the long weekend.
ASX bucks global trend on energy stock rebound
A surge in energy stocks and Australia’s major miners has driven the ASX 200 higher.
New way to save $250 on electricity bills
A new energy provider is vowing to free customers of the ‘loyalty tax’ by automatically switching Aussies to the cheapest provider on the market.