Otto Energy says it will wait until market conditions improve to re-initiate talks with potential partners for its Philippines prospects, after a last chance to salvage a BHP Billiton deal was called off.
Rio eyes a compromise; Credit cloud set to delay expansion of airport; House prices fall at fastest rate for 25 years; US order gets Austal back on course; Fortescue says no harm done over Chinese deal
Banks ordered to pay $1.6bn in compensation; Macquarie set to raise $1.2bn; Alumina to tap investors for $1bn to ease debt risk; Turnbull sees red on Rudd China policy; Swan reveals $50bn budget revenue hit
Japanese company INPEX has awarded AMEC Engineering the contract for the offshore front end engineering and design (FEED) for the Ichthys liquefied natural gas project in the Browse Basin.
A federal government report released today has recommended the establishment of a national offshore petroleum industry regulator to streamline the approval process for oil and gas projects.
Chevron says it will work with the state government on appropriate conditions for its multi-billion dollar Gorgon gas project after the environmental watchdog reluctantly gave the go-ahead to expansion plans.
Woodside Petroleum says production at its Vincent oil project will resume production at the end of June after a fire at its processing facility earlier this month.
Australia's largest resource project, the Gorgon gas development, inched closer to proceeding after WA's Environmental Protection Authority gave it qualified support today.
The Environmental Protection Authority will tomorrow release its recommendations on Chevron's expansion proposal for the Gorgon liquefied natural gas project.
Straits Resources says it expects to deliver shareholders around $94 million of the $US335 million ($A470 million) deal with Thailand's PTT International Company, which achieved financial close today.
EPA approves Karara but blocks satellite pit; Fortescue had only an MOU, says witness; NAB's swinging door; Building fund hit by crisis; Death of a tycoon - Pratt loses cancer fight
Nedlands-based Tox Free Solutions has decided to drop its acquisition of a Victorian waste management company as it revises down its earnings forecast for the 2009 financial year.
Perth-based energy group Aviva Corporation has today invited the public to comment on its environmental review documents for its Coolimba power and coal projects located near Eneabba.
The state's economy is tipped to fall into recession in fiscal 2011 however Access Economics has forecast a "slow slowdown" as spending on big projects such as the $12 billion Pluto project offsets a dramatic downturn.
Million to face the dole queue; Clarke quits AMP's board; Laws force scrutiny of ability to repay loans; ASIC leniency for business failure; Allco crash blot dogs Eddington
Engineering and mining services provider Macmahon Holdings will axe a further 360 jobs over the next two months as it forecasts second-half profits to collapse as mining contracts are cancelled and rain hampers operations.
West Perth-based Target Energy has pointed to suitor Advance Energy's operational viability as it advises shareholders to take no action on a takeover bid.
Uranium play Wildhorse Energy has moved to reduce the size of its board as part of its strategic review with director Craig Burton taking over from chairman Mark Hughes who has decided to step down.
Perth-based CityView Corporation says it will use the $14 million owed to it by Fortitude Minerals to buy an interest in a coal operation in South Africa.
A PERTH-BASED inventor has used $80,000 in government grants and some of his own money to develop an award-winning safety line he says would be on the market by year's end.
Ravensthorpe closure 'leaves scar on land'; Forrest in self-censorship bid; Long march for a great haul; Mining giants to combine power; No early recovery, says IMF
The national petroleum safety regulator has issued a prohibition notice to Woodside Energy following a fire at its processing facility last week in the Vincent oil field.
Only two companies were allocated funds in the first round of the federal government's $50 million Geothermal Drilling Program with West Perth-based Torrens Energy one of the companies to miss out.
GRD's engineering subsidiary GRD Minproc has been awarded a design contract for Felix Resources' $400 million Moorlarben coal project in New South Wales.
Perth-based oil and gas explorer Buru Energy has unveiled a $41 million takeover bid by a company linked to its chairman, which has proposed to fund the offer out of Buru's cash reserves.
Engineering firm RCR Tomlinson has forecast a full-year fiscal 2009 net profit of up to $13 million as profit expectations are hit by delayed or cancelled projects.
Coles to be main act at Wesfarmers’ briefing; Forrest, China in talks over Pilbara push; Bank move on B&B holders; Inflation data in the March quarter eases the RBA; Qantas flies with Etihad deal
