Oil & gas outlook

Shale gas in the US contributed around $80 billion to its GDP and created more than 900,000 jobs, but a new financial analysis has shown developing Australia's vast shale gas resources will cost up

Engineering firms exposed to mining are going through a tough patch but prospects are much better for those like Technip and Clough in the oil & gas sector.

Empire Oil & Gas has stepped up to the ranks of producer, with gas and condensate flowing this week from its operation near Gingin in the Perth Basin.