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.
