Energy

Coogee Resources chairman Gordon Martin has described last year’s failed public share offer as “probably the best thing that could have happened” to the company, which is proceeding with its $800m oil project in the Timor Sea under private ownership.

Engineering and construction contractor Clough Ltd has told shareholders the company has dealt with its problem contracts and can look forward to profitable trading in future.

Advanced Nanotechnology Ltd - Harold Clough has resigned as a director. Ampella Mining Ltd - Paul Wright has resigned as non-executive chairman and director.

Now that the federal election is over there’ll be a few former Liberal MPs looking for work.

Booming iron ore exports have pushed resources royalties to the state government above the $2 billion mark for the first time.

Outspoken former Western Australian Liberal Leader Colin Barnett will not contest the next election.

GB Energy Ltd has entered into a funding and subscription agreement to earn up to a 50 per cent stake in Australian Sustainable Energy Corporation Pty Ltd.

Rio Tinto Ltd today announced a $2.7 billion expansion of its Pilbara iron ore mining operations, which it will use to support its claim that it has better growth prospects than its competitors, including would-be suitor BHP Billiton Ltd.

Industry bodies have stated they will work with the new Labor government headed by Kevin Rudd, including the Master Builders Association.  

In the last View from the Arch, Andrew Hobbs wraps up the campaign for John Howard and Kevin Rudd, and casts a brief glace statewards.

Subiaco-based oil and gas explorer Red Fork Energy Ltd has announced plans to raise $10 million through a placement to fast track production at its Oklahoma assets.

It's official, Wesfarmers Ltd has become the Western Australia's most valuable company, the state's biggest employer and the nation's biggest retailer with today's implementation of a scheme of arrangement to take over the Coles Group Ltd.

The dispute over Western Power chief executive Doug Aberle's annual bonus has been resolved, following negotiations between the utility's chairman Peter Mansell and energy minister Francis Logan.

West Perth-based Metex Resources Ltd has raised $6 million to fund development of its subsidiary, underground coal gasification technology developer Carbon Energy Pty Ltd, the company has announced.

West Perth-based Eneabba Gas Ltd has extended its gas swap arrangements with Verve Energy for another 12 months, the company has announced.

Perth-based coal miner GVM Metals Ltd has raised around $98.2 million through the placement of 65 million shares via its listing on the London Stock Exchange's Alternative Investment Market, the company has announced.

Public sector executives in Western Australia continue to earn substantially less than industry leaders in the private sector but, despite that, government workers seem to attract just as much controversy.

There was a big increase in the number of companies paying very large cash bonuses last financial year, and at first glance its hard to reconcile some of the increased payments with company performance.

Patersons Securities Ltd has appointed Rod Evans, Shaun Duffy and David Deloub to head up the newly created Patersons Capital Partners.

Two Western Australian chief executives stand out in our fifth annual salary survey, which also found a big increase in the number of million-dollar packages.

GLOBAL miners, CVRD-Inco Ltd and BHP Billiton Ltd, continued to shower their attentions on resources junior Heron Resources Ltd, increasing their stakes in the West Perth company during the past week.

BHP Billiton’s proposed $400 billion merger with Rio Tinto is being hailed as the biggest game in the resources world, but there is a bigger force at work, and it has the potentia

The going rate for a non-executive chairman of a mid-sized listed Western Australian company sits between $120,000 and $170,000, judging by the data compiled by WA Business News.

Western Australia’s biggest industrial company, Wesfarmers, has confirmed its status as Perth’s very own ‘millionaires’ factory’, with eight executives earning more than $1 million last financial year.

STATE-OWNED electricity generator Verve Energy has been selected to supply power to Gindalbie Metals’ Karara iron ore project, making it the winner of Western Australia’s biggest contested electricity

The booming advisory market is creating some musical chairs among the key players, with corporate lawyer Justin Mannolini heading to Gresham Advisory Partners, prompting Freehills to fill the vacancy by appointing Simon Reed.

PERTH-BASED stockbroker Patersons Securities Ltd has appointed three former Alinta Ltd executives to head up its new arm, Patersons Capital Partners.

South Perth-based oil and gas company Cooper Energy Ltd has completed its $55 million placement to Euroz Securities Ltd after winning the approval of its shareholders, the company has announced.

The booming advisory market in Perth is creating some musical chairs among the key players, with corporate lawyer Justin Mannolini heading to Gresham Advisory Partners Ltd, prompting Freehills to fill the vacancy by appointing a new partner, Simon Reed.

West Perth-based energy exploration company Blue Energy Ltd has completed its acquisition of the Cobalt Seismic Survey within its Queensland petroleum exploration tenure ATP 854, the company has announced.

West Perth-based Heron Resources Ltd will raise $17.2 million through the placement of 15 million shares to CVRD Inco Ltd, just days after raising the same amount in a two-tranche placement of the same number of shares to BHP Billiton.

Doubts Mid-West ore miners can deliver; Taiwan giant locks into gas deal; Stokes lifts stake in WANH to 19.4%; Shareholders seek end to BHP-Rio stand-off; Kiernan draws Olympia into grand plan.