DBP Transmission, the owner and operator of the Dampier natural gas pipeline, has signed up for a $245 million, seven-year debt facility with a Japanese bank.
A 270 kilometre-long gas pipeline connecting Fortescue Metals Group’s Solomon hub operations to the Dampier natural gas pipeline was officially opened today.
Energy provider AGL has unveiled plans to sell off more than $1 billion worth of assets and cut costs by $200 million within two years, sending its share price to its highest level in eight years.
Western Australia has developed a strong edge in resources technology but must continue to invest in innovation as it faces competition from other regional players and beyond, according to the Western Australian Energy Research Alliance.
Woodside Petroleum has provided some telling insights into how it plans to achieve $800 million in productivity gains by the end of next year; as well as chopping 600 jobs, it has slashed the number of vendors supplying its Australian business from 3,000 to 800.
Former Perth Wildcats chief executive and owner Andrew Vlahov has been flagged as the new head of thermal energy company Enerji, as the company announces a board shake-up.
West Perth-based Liquefied Natural Gas Ltd has tapped investors for a $174 million capital raising to fund ongoing development of its two North American LNG projects.
Western Australia could secure projects worth $1 billion under a reduced renewable energy target, although there is conjecture as to whether the final terms will be business friendly enough.
The state government is aiming to collect up to $5 billion from a vastly expanded privatisation program that includes Fremantle Ports, the TAB, office buildings, residential land estates, Keystart loans, houses, plantations and power stations.
Power generation company Pacific Energy has appointed James Cullen as its new chief executive, following Adam Boyd’s retirement from the role in March.
Mount Gibson Iron has moved to establish a logistics base on Koolan Island, in partnership with Qube Holdings, to service the offshore oil and gas industry.
Clean power company Enerji has revealed its first hybrid solar thermal power station will be housed at one of Northern Star’s mines, and future renewable energy projects with the gold miner are being considered.
WA is poised to double its LNG production, but softer oil prices and global competition for capital mean there is much conjecture about the sector’s future. Click through to see more on our major oil and gas projects feature.
Perth Airport chairman and Curtin University chancellor Colin Beckett has taken the role as head of the Western Power board, with Iluka Resources chair Greg Martin appointed as his deputy.
Two local enterprises have joined forces to leverage off each other’s niche offerings amid a declining resources sector and limited growth opportunities for indigenous businesses.
Engineering firm Clough and its recently acquired US subsidiary CH.IV International have been appointed owner's engineer on the planned Magnolia LNG project in the US state of Louisiana.
Marine services provider MMA Offshore said it was progressing towards its previously announced $15 million cost savings target, while the company suffers reduced demand and lower fleet utilisation.
Global energy companies Chevron, Shell, Inpex and Woodside Petroleum have agreed to jointly fund development of new systems to improve tropical cyclone forecasting in northern Australia.
Australians would pay more for power at peak times, like hot days, and fork out extra at petrol stations under a government blueprint to grow the energy sector.
The peak body representing Australia’s electricity generators, retailers and poles and wire networks has warned changes to WA’s electricity market need to keep new investors in mind.
Shares in thermal energy company Enerji surged on news it will be collaborating with Perth-based technology firm Panorama Synergy to develop a hydrocarbon monitoring system.
Energy Minister Mike Nahan’s announcement earlier this week of the government’s planned introduction of greater competition to the electricity sector has already spurred the growth prospects of one market entrant.
KPMG has secured backing from more than a dozen major businesses for its Energise technology accelerator, which will provide financial and in-kind support to eight startup businesses servicing the energy and resources sector.
