Chevron managing director of Australasia Nigel Hearne has confirmed a fourth LNG train at the Gorgon project won’t be happening in the near term, while calling on governments not to buckle to calls for higher taxes and increased regulation that will reduce competitiveness of the industry.
Dormant explorer New Horizon Coal has extended its deadline for an $18.8 million capital raising after receiving an underwriting commitment for 70 per cent of the target amount, as it looks to shift its focus to oil.
Oil and gas giant Inpex will hang its logo 24 storeys above the Perth CBD, after confirming it will stay put at 100 St Georges Terrace, one of two new leases covering 20,000 square metres in the ISPT-owned building.
Renewable-focused Carnegie Clean Energy has announced it is developing a $20 million, 10-megawatt solar power station in Northam, which it says will generate enough electricity to power 4,000 homes for 25 years.
The developer of the Ichthys LNG project has moved to assure the 800 workers affected by Laing O’Rourke’s ejection from site that it would redeploy as many as it could to keep construction going.
Western Australia's biggest gas retailer, Alinta Energy, has been bought by a Hong Kong jewellery and property conglomerate, with Premier-elect Mark McGowan saying the deal confirmed his opposition to privatisation.
Australian Vanadium has joined fellow Perth company Carnegie Clean Energy in hoping to help solve South Australia’s energy crisis, today committing to tender to build a battery storage facility in that state.
Engineering contractor Laing O’Rourke has taken 800 of its workers off the $US37 billion Ichthys LNG project in Darwin due to a pay dispute with its Japanese supplier.
Shares in Carnegie Clean Energy jumped 23 per cent today, with the company likely to receive financial support for an Albany wave project from the newly elected state government, while environmental activists are already putting pressure on uranium miners.
The third LNG train at Chevron’s Gorgon facility on Barrow Island is ramping up to begin producing ahead of schedule, with the milestone set to be achieved by the end of the month.
Woodside Petroleum executive Jeroen Buren has been named acting president of the Chamber of Minerals and Energy of Western Australia, filling the role left vacant by Brian Reilly, who has moved to Canada to take on a new role with Cameco.
ANALYSIS: One of the sleeper issues in the election campaign is the strategy for renewable energy over the next four years. There has been surprisingly little debate on the issue, which affects householders and business alike.
Woodside Petroleum boss Peter Coleman has received $2.9 million worth of shares in the Perth-based energy giant as part of a short-term incentive under his executive employment contract.
GR Engineering Services has been contracted for work on Eni Australia’s Blacktip Gasfield operations in the Timor Sea, with the value of the work undisclosed.
Marine services company MMA Offshore will sell its Dampier and Broome supply bases to Toll Group for about $53 million to pay off debt, as the company revealed a $323.7 million half-year loss on the back of a large impairment charge.
Subiaco-based energy company Australis Oil & Gas has announced an $80 million expansion of its shale acreage in the southern US, amid plans for a $100 million raising.
Perth-based Monadelphous Group has received a number of contracts with multiple clients including Fortescue Metals Group, BHP Billiton and Chevron, with the work worth a combined $120 million.
Pauline Hanson’s One Nation is hoping to put an end to decades of fracking in Western Australia, if the party wins seats in the upcoming state election.
WA Labor has promised the state’s sixth-largest town, Albany, would become fully powered by renewable energy – if elected – under a $19.5 million funding commitment with Carnegie Clean Energy.
Outgoing Wesfarmers boss Richard Goyder has been revealed as successor to Michael Chaney as chairman of energy giant Woodside Petroleum, a week after we was named the next chairman of the AFL.