Energy

MINING entrepreneur Terry Streeter has continued his aggressive sell down in Western Areas during a busy week involving a takeover and court action.

ALMOST $3 billion dollars worth of electricity generation projects are planned for Western Australia, with almost one-third of the investment going towards renewable energy projects.

INITIAL understanding of coal seam methane (CSM) was as a dangerous by-product of underground coal mining.

CHARTER Hall is selling its 50 per cent stake in Alluvion, bringing to the market the first of the city's new office tower developments.

Peak gas industry groups have urged government backing for the liquefied natural gas (LNG) industry to achieve its economic and environmental potential.

Former Woodside Petroleum executive Erica Smyth will take over the chairmanship of uranium developer Toro Energy, after the resignation of founding chairman Dr Ian Gould.

The state opposition has urged the government to get its priorities right after Premier Colin Barnett admitted to axing the $1.3 billion Pilbara power project in favour of the $4 billion Oakajee port and rail development.

The Australian arm of UK group Cape has been awarded a $61 million contract by Woodside Petroleum to supply scaffolding services during construction of the Pluto liquefied natural gas project.

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The Brand Agency has been named advertising agency of the year, capping off a jam packed 2008 where more than $18 million of business was secured.

Verve Energy has accused the North West Shelf joint venture of "unconscionable conduct" after the partners allegedly hiked up gas prices following the Varanus Island explosion last year.

The directors of South Perth-based Pure Energy Resources have urged shareholders to accept BG Group's cash offer before the takeover closes on Monday.

West Perth-based Otto Energy plans to raise $35 million with the majority underwritten by Euroz Securities and funds to be applied to the repayment of shareholder and director loans.

Carnegie Corporation has received approval from the Victorian government to develop three pilot wave energy projects on the state's coast.

Chevron will become the first user of a $35 million service and supply base at the Australian Marine Complex at Henderson following state approval for the project.

Shares in Aurox Resources have jumped as much as 56 per cent today as the company amends its convertible notes terms for an early cash injection of up to $47 million and modifies its port agreement.

ECONOMIST Ian Satchwell doesn't mince his words when describing the likely impact of big LNG projects like Gorgon.

THE global gas industry could be on the brink of having its first floating liquefied natural gas (LNG) production facility, and there is a likelihood this technology will be in Australian waters in the next decade.

The Gorgon gas project set to proceed this year will be followed by more mega projects off the WA coast, presenting exciting opportunities.

State and federal governments can work together on labour market policy.

THE Perth director of global engineering company Connell Wagner hopes its merger with two South African companies will boost the chances of winning work on major projects.

BRIEFCASE notes that many oil and gas stocks, such as Pan Pacific, Carnarvon Petroleum, Cooper Energy and AED Oil, show little if any market value for their ongoing operating cash flow from production activities, while some trade at or below their cash as

TORTUOUS state government efforts to find a site for an LNG processing hub on the Kimberley coast may count for nought, at least for the next decade.

LIQUEFIED natural gas, or LNG, is natural gas that has been liquefied by reducing its temperature to about minus 160ºC.

FOUR women working on the same commercial building project in the city have joined forces to launch Western Australia's first association dedicated to women working in construction.

JAPANESE company Inpex and US company Apache Energy have increased their interests in two oil fields located near the Van Gogh oil project, which is due to start production in May.

Nexus Energy has placed its Crux oil project on hold and extended a voluntary suspension of its shares as the company seeks funding after an asset sale process fell through.

Western Australians are most likely to be concerned about the state of the economy than other states or territories, according to the Sensis Consumer Report released today.

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The marketing arm of the North West Shelf Venture has extended the relationship with customer Kansai Electric Power Company, which will buy a further 3.3 million tonnes of liquefied natural gas.

South Australian Resources Minister Paul Holloway says the state is prepared for increased competition for investment dollars over uranium assets after Western Australia dropped its uranium mining ban.

Wesfarmers' coal division, Premier Coal, has bought a further 30 per cent interest in Blackham Resources' tenements that surround the existing Scadden Energy joint venture near Esperance.