THE state government has announced the first release of acreage for geothermal exploration. The acreage stretches from south of Kalbarri down to Dunsborough and goes inland about 250km.
Western Australia's biggest stocks were among the hardest hit by today's market jolt, with Woodside Petroleum Ltd, Fortescue Metals Group Ltd and Paladin Energy Ltd all suffering big falls as Perth-based companies lost a collective $13.72 billion.
The race is on to develop Western Australia's clean energy potential, following the historic first release of acreage for geothermal exploration by the state government.
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Shareholders in Anzon Australia's parent company, Anzon Energy Ltd, have voted overwhelmingly in favour of the proposed Arc Energy and Anzon Australia merger.
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Engineering and construction contractor Clough Ltd has confirmed that Woodside Ltd has approved the initial expenditure of up to $30 million for preliminary works for the LNG jetty berth of the Pluto LNG Project.
Hythane Company LLC, a wholly owned subsidiary of Perth-based Eden Energy Ltd, has been selected by the Indian Oil Corporation to supply and install the first public hydrogen/Hythane dispensing station in India.
Paladio Group Ltd has announced that two of its subsidiaries have won a further $7 million in new orders, taking the total value of its new orders in January 2008 to $30 million.
With many investors in Western Australia’s fledgling technology sector having been burned by lossmaking companies such as Chemeq, Clinical Cell Culture and ERG, it has been difficult for new companies emerging in their wake to attract support.
A Bayswater business that started from the family home just more than a decade ago has joined the growing list of small to medium enterprises across the state to benefit from the mining boom.
After a couple of failed attempts earlier this decade, Western Australia is edging closer towards connection to its first new international subsea cable in almost 10 years.
THE state government has allocated $700,000 to widen a 43-kilometre stretch of road on South Coast Highway between BHP Billiton’s Ravensthorpe Nickel mine and Munglinup Bridge.
Wesfarmers Premier Coal Ltd and Blackham Resources Ltd have ended their dispute over the Scaddan Energy Project tenements near Esperance, by signing a joint venture agreement to develop the project.
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