Babcock & Brown Power, owner of Alinta's retail assets, will realise $125 million from the release of an "onerous" contract but has revised down its operational earnings from $310 million to $270 million.
WA's peak energy user group, DomGas Alliance, says the federal government's white paper into energy security is "flawed" as it focuses on maximising exports rather than domestic energy use.
BHP Billiton is ramping up its Pilbara iron ore expansion efforts with Ausco Modular today securing a $36 million contract to install a 1,200-bed village and central facilities in Yandi.
Finnish global consulting and engineering group Pöyry Energy has acquired local oil and gas engineering services company Aquarius International Consultants.
Melbourne-based SKILLED Group, as part of a joint venture, has won a $350 million, three-year marine vessel and labour supply contract for Chevron's Gorgon gas project.
West Perth-based Liquefied Natural Gas has raised more than $10 million which will be used in the ongoing development of its Fisherman's Landing gas project in Queensland.
Nickel miner Western Areas is expecting $100 million to come its way shortly after the company raised over $35 million through a slightly discounted share placement.
Companies seek capital as confidence buoys market; BG wins first big Chinese gas deal; WA adjusts its numbers; Chinalco deal under cloud; Changes sap super - analysts
DESPITE the official start of the Carbon Pollution Reduction Scheme being two years away, trading on the unofficial carbon market is already under way.
THE renewable energy sector has welcomed the government's commitment to an expanded national renewable energy target, saying the emissions trading scheme alone won't encourage renewable energy investment.
BUSINESSES have been warned not to become complacent and halt their readiness programs despite some relief from the revised start date of Carbon Pollution Reduction Scheme.
PREMIER Colin Barnett has described the loss of the giant Ichthys gas project to Darwin as an embarrassment for Western Australia, yet under recent contracts at least some work is flowing to engineers and other businesses in the west.
RESPONSIBLE for more than half of Australia's greenhouse gas emissions, the energy sector will be one of the biggest industries affected by the Carbon Pollution Reduction Scheme (CPRS).
Shares in carbon offset specialists in Western Australia and Aviva Corporation have jumped after the budget unveiled a $4.5 billion Clean Energy Initiative, a move welcomed by the Chamber of Minerals and Energy WA.
Babcock & Brown Power, the owner of Alinta's retail assets, have placed its shares in a trading halt, pending the release of details likely to have an impact on the business.
Around 240 employees and contractors at BHP Billiton's Leinster nickel operations will be affected by the company's decision to halt activities at the Rocky's Reward open pit mine.
Get ready for $58bn deficit and million jobless; Regional fund gets a haircut; Stockpile hinders Magellan's reopening; Conroy plan to split up Telstra; Woodside faces suit from pearl farmers
The state government will invest more than $260 million in the Kwinana power station as Verve Energy continues talks with a potential joint venture partner over the restart of the Muja AB station near Collie.
Carnegie Corporation is set to acquire all of the intellectual property and global development rights for the CETO wave energy technology under a deal with its UK-based joint venture partner.
Oil and gas producer Santos has launched a $3 billion capital raising to fund its growth projects, including the PNG liquefied natural gas project, which is estimated to have a capital cost of $US12.5 billion ($A16.3 billion).
The implementation of an exploration incentive scheme for the resources sector could create over 4,000 new jobs and add $114 million to gross domestic product, a report has found.
Nickel miner Western Areas is seeking new offtake deals for 2010 onwards after allowing BHP Billiton to take Norilsk Nickel's share of concentrate until the end of the year.
INVESTORS in listed equities are now asking how far the current rally on global equity markets can go and whether it is safe to entrust savings into those markets.
