[vc_row][vc_column][vc_column_text]A steady flow of write-downs across most metals and oil and gas is tipped over the next year, as many of the mining majors tweak their medium-term price forecasts and try to offload non-core assets in a depressed market. Glencore is a candidate to take hits in nickel and possibly other base metals at its interim results, analysts say. If thermal coal prices […]
AGL Energy to take $603m write-down on gas business
AGL Energy to take $603m write-down on gas business AGL Energy will take more than $600 million of write-downs on upstream gas ventures as a result of a review of the business that will also see several assets in Queensland, South Australia and New South Wales put up for sale. The stalled expansion of the […]