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Platts Survey: OPEC pumps 31.11 million barrels of crude oil per day in May

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totalled 31.11 million barrels per day (b/d) in May, up 180,000 b/d from April and the group's highest monthly volume since October 2012, according to the latest Platts survey of OPEC and oil industry officials and analysts.

Tasmanian govt to help open two mines

A mothballed nickel mine in Tasmania is slated to re-open, thanks to a cash injection from the Tasmanian state government, which also granted a mining lease to an iron ore company hoping to move its project forward to production.
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