ARC Energy Ltd has negotiated deals to buy oil producer Anzon Australia Ltd and its UK parent company Anzon Energy Ltd, creating a merged group with a market value of about $1.1 billion.
Futuris to sell 43 per cent of its AAC stake; Uranium contracts puts BHP on the spot; Atomic authority says nuclear energy industry planning has to start next year; PM releases $4b concession package; Gage Roads main shareholder sells most of its stake.
Electricity retailer Synergy has emerged as the only one of the four disaggregated electricity corporations to exceed budget forecasts, reporting earnings before interest and tax of $64.9 million for the 2006-07 financial year.
Strong overseas demand for minerals and petroleum, particularly from China, and strengthening commodity prices pushed the value of Western Australia’s resources industry up 25 per cent to a record $53.4 billion in 2006-07.
Growth in the Western Australian residential property sector over the past year may not have reached the stellar heights of the 2004-06 period, but a double-digit return still points to the market’s continuing strength.
The state government is likely to approve two gas processing hubs on the west Kimberley coast despite conservation groups expressing concern about the impact of giant gas projects and the associated shipping movements.
WEST Perth-based charity group United Way WA has appointed HBF Health Funds Inc chief executive Rob Bransby and Freehills partner Dan Dragovic to its board of trustees.
The City of Perth Heritage Appeal is challenging negative perceptions by launching two innovative programs and pushing the economic case for heritage preservation.
Whether or not Kevin Rudd – Kevin07 during the campaign – takes Labor into power on November 24, nobody will ever be able to take from him that he has managed to make a very average mob look like winners.
Perth-based gas explorer Po Valley Energy Ltd has signed a contract with Hydrodrilling International SpA to secure a drill rig for use on its gas fields in northern Italy starting in April 2008.
AGL dumps Anthony; Nexus shut down of the auction for Anzon; tax cuts promises to cost $80b in the next five years; Gordon raids Ten options for a 4.3 per cent stake; Labor widens the gap over the coalition after one week.
Ric Stowe's private Griffin group is claiming success with its latest efforts to use its Collie collieries as a solution to the salinty issues plague the massive Wellington Dam.
Energy Minister Francis Logan has opened the Broome office of Horizon Power, the construction of which had taken place in conjunction with the West Kimberley Power Project, he said.
Oil explorer Gippsland Offshore Petroleum Ltd Ltd has scrapped the planned $25 million acquisition of West Perth-based Finder Exploration Pty Ltd after it was unable to reach agreement with the vendors of Finder.
Oil and gas producers ARC Energy Ltd and Anzon Australia Ltd have announced they are negotiating the final terms of a merger that would create a $1.1 billion energy group.
West Perth-based oil and gas exploration company GB Energy Ltd subsidiary Crown Energy Sro has been granted a uranium exploration licence in the Slovak Republic by the nation's department of environment, the company has announced.
South Perth-based oil and gas company Cooper Energy Ltd has announced a $60 million capital raising to fund its farm-in to a 35 per cent stake in a project off the coast of Tunisia.
