Santos has called on the state government to provide more certainty on its domestic gas reservation and offsets policies, to encourage new investment in ‘domgas’ supplies.
The state government has agreed to increase the price it pays Premier Coal for its coal supplies, as uncertainty continues over the fate of fellow Collie producer Griffin Coal.
A joint venture between AusGroup and Japanese-based Meisei Industrial has won a $197 million subcontract for industrial work at Inpex’s Ichthys liquefied natural gas project near Darwin.
The Business News annual export review has the latest data on 33 businesses representing $122 billion in outgoing trade. It also shows that while iron ore continues to dominate, the emergence of LNG, agriculture and services will benefit from a lower dollar.
As the state’s review of its electricity market seeks to turn the system on its head, investors protecting their interests have argued strongly to keep Western Australia out of the national electricity market (NEM).
Lower operating costs and an efficiency drive have helped Western Power record an improved net profit result, in a year where strong capital investment continued.
A subsidiary of Wesfarmers, liquefied natural gas supplier EVOL LNG, has won a deal with Saracen Mineral Holdings to supply 7,000 tonnes of the resource per year to its Carosue Dam operations north of Kalgoorlie for an undisclosed amount.
A joint project between Woodside Petroleum and Curtin University is aiming to boost productivity in the construction of liquefied natural gas projects in Western Australia.
Scientists and engineers in Perth have begun quietly setting up a centre which could encourage more floating gas projects off Western Australia's coast and create local jobs.
Otto Energy says the sale of its Galoc oil field assets in the Philippines to Singapore-based energy company Risco Energy Investments for $113.4 million will help fund exploration activities for two years and return capital to shareholders.
The federal government has appointed former Western Australian bureacrat Stuart Smith as CEO of its oil and gas industry regulator, the National Offshore Petroleum Safety and Environmental Management Authority.
Rural network provider Horizon Power has in part blamed a downturn in the economy for the company’s decision to reduce its number of electrical linesmen by 28 per cent
Fremantle-based Carnegie Wave Energy says its $31 million Perth Wave Energy project is close to the commissioning stage after completing offshore preparations and testing its CETO technology.
Sunbird Energy has announced a deal with Vandasia Investments under which the gas explorer and developer will secure a $25 million cash injection and a new major strategic partner.
Engineering and project services firm Clough says its AMEC joint venture has been awarded a $70 million contract for Arrow Energy’s Bowen gas project in Queensland.
Engineering and infrastructure company RCR Tomlinson has returned a fifth straight year of revenue growth, delivering a statutory net profit after tax of $43.3 million.
The release of a discussion paper on how to fix the electricity market has reignited the debate over whether Synergy and Verve should be split into two separate generator-retailers.
Stonehenge Metals has entered into an agreement to acquire a Protean Energy subsidiary for a cash and share package worth about $1.34 million, to gain access to Protean’s wave energy converter technology.
Producing electricity for Western Australians costs at least 125 per cent more than elsewhere in Australia, according to a newly released state government discussion paper on the largest ever review of the electricity market.
Power generator Pacific Energy has reported a 1 per cent fall in profit over the last financial year despite record earnings from its Kalgoorlie Power Systems and hydro-electric businesses.
Ratings services Standard & Poor's said today it had revised its outlook on the 'BBB-' issuer credit ratings on DBNGP Trust, the owner of the Dampier to Bunbury Natural Gas Pipeline, and relate
New warnings have emerged electricity prices could rise if Western Australia adopts an east-coast style energy market, according to a report commissioned by a private operator.
The private developer of a 150 megawatt power station with contracts to Fortescue Metals Group has announced the all inclusive cost of the project will be $570 million.
