Energy

South Perth-based Central Petroleum Ltd has released details of its $6 million fund raising via a pro rata rights issue to shareholders to address the dilutionary affect of a bond subscription deal with DB Zwirn Mauritius Trading No 3 Ltd.

Macmahon pitches $446m hostile takeover at Ausdrill; Verve expected to lose $334m in next 2 years; Talbot triggers coal shake-up; Iluka puts faith in spot prices for zircon future; AWB solid depite two-year drought

Visiting WA: Robin Sharma, organisational and leadership coach and best selling author of The Monk Who Sold His Ferrari and The Greatness Guide, to present his full day leadership workshop ‘Lead Witho

The oil and gas industry is a major contributor to Australia’s economy, generating estimated revenue of $33.6 billion in 2007, mostly out of Western Australia.

In the share market, it is extremely rare for anyone to be compelled to buy a share.

West Perth-based clean energy company Cool Energy Ltd has joined forces with one of Australia’s premier geological storage companies to provide what it claims is a total service solution for the capture and storage of carbon dioxide.

Wave energy and clean tech developer Carnegie Corporation Ltd has raised $2.5 million through a private placement to institutional and sophisticated investors.

Perth based IT services company L7 Solutions has been awarded two long term contracts with Western Power and Horizon Power.

IAG spurns QBE's revised offer; Burrup says Apache deal ends gas shortfall fears; BHP pushes ship rates to record; Predators line up for bite at Albidon nickel; Woodside breaks $70 as resources stocks boom

West Perth based mineral exploration company Metex Resources has raised $22 million, with funds being used to complete its Underground Coal Gasification trial site in Queensland.

A five year agreement to supply subsea equipment and support services for the part Chevron Australia Pty Ltd owned Gorgon Project has been awarded to GE oil and gas business VectoGray.

West Perth based Straits Resources Ltd subsidiary, Straits Asia Resources Ltd, has posted a quarterly net profit of over $21 million ($US20.1 million), an increase of 139 per cent on the same quarter last year.

West Perth based Otto Energy Ltd are planning to raise $15 million to fund drilling preparations, site surveys and costs associated with its two permits in Po Valley, Italy.

AFTER a setback earlier this year, Pankaj Oswal’s Burrup chemicals empire appears to have gained renewed confidence in the market, unveiling plans for a $600 million ammonia nitrate plant and a likely relaunch of the IPO it shelved in March.

AS more and more cranes appear on the city skyline in response to the boom engulfing the state, it’s not the largest amount of cranes to occupy the CBD area, according to the Master Builders Association of Western Australia.

SPECIALISED Broking Associates Pty Ltd hit the ground running when it was set up as a general insurance broker on July 1 2003.

I WAS in Houston last week at the annual Offshore Technology Conference, touted as the world’s largest gathering of oil and gas professionals.

A RAPID decline in North Sea oil field reserves has prompted at least 70 British and Norwegian companies to establish operations in Western Australia during the past decade.

AUTOMOTIVE manufacturers are facing unprecedented challenges with escalating costs, changing environmental regulations, and warnings about peak oil across the globe.

BURSWOOD-BASED technology firm NGIS Australia believes a commitment to innovation has driven its success and cemented its position as a market leader in the spatial industry.

Perth-based Arafura Resources Ltd is the latest in a string of companies announcing positive phosphate news - with $220 million a year in projected revenue - as rising global demand for agricultural inputs excites investor interest.

Applecross based Hawk Resources Ltd has reached agreement to acquire 100 per cent of the issued capital of oil and gas exploration company New Standard Energy Ltd.

Malaga based Automotive Technology Group has raised its minimum subscription of $6m, in an Initial Public Offering to expand the global penetration of its emissions efficient supercharger technology.

The Minister for Resources and Energy, Martin Ferguson, has awarded nine exploration permits, representing a $425 million investment in Australia's offshore petroleum sector.

BHP lays claim to oil major standing; Fortescue rockets Forrest to $9.4bn; $US120 oil blows budget forecast; Creasy-backed Croesus poised to rise from ashes; Call to rebuild Australia with budget surpluses

Visiting WA; Robin Sharma, organisational and leadership coach and author of The Monk Who Sold His Ferrari and The Greatness Guide, to present his full-day leadership workshop, ‘Lead Without Title Get

Graphic design is not an industry normally associated with exports, yet West Perth firm BKAY Design generates a big chunk of its revenue from sales to international clients.

As an economist I have closely studied the rise and rise of China for a number of years, but it was not until I set foot on Chinese soil that I truly understood the enormity of what’s occurring in this rapidly developing country.

Not so long ago it seemed that Perth was a tenants’ market, with property owners shopping for companies to anchor their new buildings.

From uncertain beginnings in the early 1990s, Australia’s coal seam, or coal bed, gas (CSG) or coal seam methane (CSM) business has come a long way. Today, we see a large cohort of companies involved in the local industry, supplying more than 70 per cent

Global facility services management group ISS has bought Western Australian mine site accommodation services provider, South Perth-based Topic Caterers, in an effort to further expand its reach in the resources sector.

Some key power brokers in both major political parties have apparently been heard using the term ‘new chums’.