Energy

NATIONALS WA's Royalties for Regions plan, which is now a key element of the new government's policy platform, is going to be a true test for Colin Barnett and his team as they manage the state's finances.

RALLIES on global markets last week were a direct result of short covering and some over-exuberance by a few who have not yet lost all their investments or hope.

TORO Energy Ltd has clarified statements last week that it was among the top five most likely uranium project contenders in Western Australia to move to commercial fruition.

MALAGA-BASED Complete Site Services is set to become Western Australia's newest player in the transportable mining accommodation sector, having being awarded a $65 million contract to supply and install a camp for 801 workers at Fortescue Metals Group's H

MINERAL and petroleum commodities dominate Western Australian exports, with iron ore alone accounting for almost one-third of the state's total exports.

The Merredin Shire Council has approved the development of a $600 million wind farm that will generate enough electricity to power 160,000 homes.

US failure shocks markets; Reserve poised to cut rates; Emissions deal 'crucial' to economic future; China could be dragged down; NAB unveils $400m hit as global markets dive

The Merredin Shire Council has today approved the development of a $600 million wind farm that will generate enough electricity to power 160,000 homes.

The continued market volatility has claimed another potential acquisition with Newland Resources Ltd scrapping plans to acquire stakes in two companies that hold iron ore and petroleum projects.

Subiaco-based seafood processor Sam's Seafood Holdings Ltd has branched out into the coal sector after agreeing to acquire a company that holds a majority interest in an Indonesian coal project.

Moly Mines Ltd has executed full financing documentation for the provision of a $US150 million interim debt financing facility with various funds associated with the Trust Company of the West.

US-based machinery group Terex Australia has signed a design and construct deal with Perth Airport to establish its new WA headquarters on a four hectare site at the airport's Kewlink intermodal business park.

Former Arc Energy Ltd chief operating officer Marie Malaxos has been elected as the president of the Petroleum Club of Western Australia, replacing Derrick O'Keefe.

Two wholly-owned subsidiaries of Como-based construction company Forge Group Ltd have secured contracts valued at $50 million from mining companies including Rio Tinto.

Western Australia has formally lost its bid to host a multi-billion dollar liquefied natural gas plant, with Japanese company Inpex Ltd today announcing Darwin as its preferred site.

An injunction preventing Cape Lambert Iron Ore Ltd from acquiring a stake in an African iron ore project has been dropped following mediation talks with a disgruntled shareholder.

Found: Firepower chief in London, denies hiding; Double gas trouble as Inpex quits WA and oil tax is passed; Monetary shot 'a necessity'; Rio faces strike as train drivers fire up test case; Timber firms plan writs over Varanus gas crisis

The tax on condensate passed the Senate today, despite fierce opposition from WA Senators who compared the bill to a 'drive-by shooting' on Western Australians.

More than 300 local and international exhibitors will be on show at the 2009 Australasian Oil & Gas Exhibition in Perth, making it the biggest oil and gas expo ever held in the Southern Hemisphere.

State hit by $731m blowout: Buswell; 'Morale' cash quietens builders; Only 'faint glimmer' WA will retain Inpex gas project, says Barnett; Strike move sees NW union revival; Turbulence forces Qantas to delay $2bn float

THE CBD will face a power shortfall in 2010 unless Western Power installs $100 million worth of new electrical infrastructure to cater for the increased demand on the grid from new office and apartment buildings.

THE next stop for the Australian All Ordinaries Index now looks likely to be 4,300 points, which will be a 61.

A MANDATORY renewable energy target of 20 per cent would add up to $300 million a year to the cost of producing aluminium in Australia, according the country's leading producer.

THE gas crisis caused by a pipeline rupture at Varanus Island has left a bitter legacy for many Western Australian businesses, which have been scathing of the former state government's reaction.

IT'S difficult when assessing elections not to immediately reach for statistics - size of swings, percentage of preferences gained by parties, levels of various majorities, and other such measures that help assess how well or how badly parties and candida

A PERTH engineering company that has created a niche for itself in the lucrative mining vehicles market is hoping to do the same in the US.

THERE are many things likely to change following the recent state election, not just as a result of a new government but also due to the circumstances in which it took power.

US oil company Chevron has selected three preferred sites in Western Australia for its planned Wheatstone liquefied natural gas project, with a decision expected mid next year.

Cape Lambert Iron Ore Ltd will find out before the end of the week whether an injunction preventing it from acquiring a stake in an African project will be extended.

Burke emerges as problem for new state government; Barnett: never on a Sunday; Premier backs Woodside on marketing, tax fight; Rudd acts to ease doubts on short-selling confusion; WA's $300m lobster industry facing disaster

Despite the volatility in the wider market, the Deloitte index of Western Australian stocks rose by nearly six per cent over the past 12 months, compared to the All Ordinaries index which declined by over 16 per cent.

Perth-based energy developer Aviva Corporation Ltd said the purchase of an additional mining lease could boost coal reserves at its Coolimba power station by up to 10 per cent.