Cooper Energy Ltd has been formally advised by the Tunisian Department of Energy that the Bargou prospecting permit has been converted to an exploration licence for a five year term.
Wesfarmers debt concern; Investors melt down Alumina; Labor to dump takeover tax; Inpex signals cost blowout may delay Ichthys LNG project; Clough hints at surprise turnaround to black ink
It is fitting that the life and legacy of Sir Charles Court, the trade unionist’s son who became Western Australian Liberal premier, be celebrated when the state is in the midst of an unprecedented time of economic prosperity.
An informal survey of investment bankers and corporate advisers has highlighted Wesfarmers’ $20 billion takeover of Coles Group as the top deal of 2007.
Western Australia’s commercial office market notched up almost $1 billion in sales last year, and while some analysts predict the same heights may not be reached in 2008, market fundamentals indicate that strong growth is likely to continue.
Atomic Resources Ltd - Thomas Neff and Patrick Michaels have been appointed as directors. Azumah Resources Ltd - - Non-executive chairman Stephen Stone has been appointed as executive chairman.
The market capitalisation of Western Australian listed companies included in the Deloitte WA Index ended 2007 at a record $179.3 billion, gaining 7.9 per cent in the month of December.
Banks give Swan an interest rate slap; Bad year tipped for super; Race is on to power desalination plant; Alinta shareholders are better off: Indermauer; Investors wary after second stockmarket correction
Perth-based engineering services company, Neptune Marine Services Ltd, has secured its largest integrated subsea services project with global exploration and production company, Apache Energy.
Oil and gas producer Chevron is planning to seek environmental approval for an additional gas production train on Barrow Island, after deciding to expand the capacity of its proposed Gorgon liquefied natural gas (LNG) project by 50 per cent.
Former Western Australian opposition leader Matt Birney announced today that he would be retiring from politics at the next state election, due in early 2009, to pursue opportunities in the private sector.
Western Australia's Chamber of Commerce and Industry has taken a swipe at the state government over its dependence on gas from the North West shelf, as the government-owned Western Power moved to allay fears of rolling blackouts this afternoon.
Woodside Petroleum Ltd, the operator of the North West Shelf Joint Venture (NWSJV), has shut down the Karratha gas plant following an electrical fault.
Clough Ltd has successfully completed a capital raising of more than $45 million, via the placement of 108 million shares to its shareholders and the underwriter of the rights issue, Murray & Roberts Ltd.
The state government has called for submissions on an issues paper released today as part of a review of electricity prices for all residential, community and business customers.
NewGen Power and Rick Stowe's Griffin Energy have signed long-term electricity supply contracts with state-owned retailer Synergy, paving the way for major new gas and coal-fired power stations to proceed.