The Canberra Times - Budget airline does a roaring trade

Budget carrier Tiger Airways posted a net profit of $S37.8 million ($A30.1 million) in the year to March, despite higher oil prices and stiff competition.

Scoop.co.nz - Matt Renner: Playing Politics With Iraqi Oil Money

Scoop.co.nz - Transport Policy Taking Us Down A Dead End Street

“Investment bankers are clear that the short term dip in petrol prices cannot be sustained. They believe oil may soon top US$200. If this is so, according to government logic we seem embarked upon a road building programme that will end up being largely unnecessary.”

The Australian - Myki smartcard put to test

THE troubled myki smartcard ticket system is being tested on Melbourne's rail network.

Testing at stations in the eastern suburbs began last week.

The Age - Origin to drill offshore from Dunedin

Australian-based Origin Energy Ltd says it will drill for oil in deep water off the coast Dunedin in New Zealand.

The Daily Reckoning Australia - The War for Oil Reserves

Some might say the U.S. now finds itself backed into a foxhole when it comes to meeting its energy needs. Although it has the highest rates of energy consumption in the world, it's no big news that America's traditional sources of oil are either tapping out or have become "No Trespassing" zones, leaving the U.S. dependent on foreign sources for 70% of the oil needed to keep the lights on. It behooves us, then, to better understand the nature of the foreign sources. To do so, we are going to use an approach usually found in a military context, dividing the sources into Allies vs. Axis - an appropriate model given the current war being waged for global resources.

SMH - Young entrepreneurs

''When they think of sustainability, a lot of people just think about how much energy a property consumes, but there are so many more factors.

''There is the energy used to create the materials to build the place, then once it is built there is the power consumption to keep it running. There are the transportation energy costs - if you want to build sustainably in middle of nowhere, how do you effectively transport food and goods to that property?''

The Canberra Times - Waste report: we're top of the scrap heap

Canberrans create more waste than anyone else in Australia, an environmental report says.

Radio Australia - South Korea's oil security ambitions

South Korea imports 100 per cent of its crude oil needs and has a plan to reduce its vulnerability to oil shocks. The government is spending money, increasing energy diplomacy and looking for foreign partners in production and refining.

Scoop.co.nz - Energy Saving Success Story

An energy saving exercise carried out by TrustPower shows that even a well informed electricity company, in a 15-year old energy efficient building, can reduce its energy consumption and lock in that reduction to deliver long term cost savings.

At the end of May TrustPower introduced an in-house energy saving campaign, in response to growing concerns about low hydro storage levels.

3News NZ - Hitch-hiking, carpooling and hopping, alternative work transport

With petrol prices at an all time high and the pressure on to reduce our carbon footprint, more and more people are looking at ways to give up their cars or at least use them less.

NZ Herald - 'Bloodbath' looms on Tasman crossing

From early next year a new plane will make its big presence felt flying the Tasman, a route one carrier says could see commercial "carnage" for airlines.

Otago Daily Times - Sufficiency, efficiency for plucky Waitati

settlement of Waitati are building on their "1970s hippie roots" and are remodelling the township into a hub for energy-saving and sustainability.

In the backyards of many Waitati residents' homes are flourishing vegetable gardens, hen houses and composting toilets.

Not for them, petrol-guzzling vehicles; instead a proposed "hitching" scheme could see residents wait at designated pick-up points to save on petrol and cut environmental impacts.

Scoop.co.nz - The Games They Play in Burma

As for the rest if the West, the case of French oil company Total S. A. provides a convincing testimony to a callous policy that puts profits over the pro-democracy movement. In February 2006, when the company proudly announced that, by exploiting high oil prices, it had raised its fourth-quarter profits by 62 percent to $5.2 billion, protesters in London pointed out that the performance must really be attributed to exploitation of the Burmese people.

By its involvement in Burma's Yadana pipeline, Total is "involved in what is essentially the single largest foreign investment project in Burma, the single largest source of hard currency for the regime," according to Marco Simons of the Earth Rights International.