BHP Billiton has sold its interest in two oil fields, near the Van Gogh oil field off the coast of Western Australia, to Japan's Inpex and Apache Energy.
Australia's export earnings from energy and mineral resources increased by 9 per cent to a record $47 billion in the 2008 December quarter, according to lastest statistics from ABARE.
Greens and Chevron set to face off over Gorgon vision; Unions opt for jobs over pay; Sacked workers rejected pay cuts; Coal price cut hits export earnings; China hit raises fear of great recession
REBOUNDS in the retail and mining sectors have lead a 13 per cent increase in the Deloitte Western Australian Index for the month of February, rising $73 billion to $82.
Inpex says it remains committed to developing its $12 billion gas processing plant, located in Darwin, after a Liberal Senator said the company could move to offshore locations due to the Rudd government's emissions trading scheme.
Coal baron Ken Talbot will increase his holding in Sundance Resources to 22 per cent after purchasing $5 million worth of shares in the iron ore explorer.
Kalahari claims another Extract chairman scalp; Chinese buy more Fortescue; Gillard beefs up work umpire; Wong admits ETS deadline in doubt; Rio’s US mine exit to chip at debt
The state government says it is happy to facilitate discussions to help find an alternative site for Pankaj Oswal's $1.5 billion solar energy plant after it was reported the Indian billionaire has approached a South Australian council.
Rebounds in the retail and mining sectors have lead a 13 per cent increase in the Deloitte WA Index for the month of February, with the index up from $73 billion to $82.5 billion.
Tycoon pulls plug on $1.5bn solar project; China risk to iron ore royalties; Labor ready to deal on IR reforms; Lloyds bank gets second bailout; D-day for Jupiter as Gilbertson orbits
The company behind a planned $3.5 billion urea plant near Collie hopes to secure financing from banks by early next year as it reveals a 25-year deal with coal supplier Griffin.
Woodside Petroleum has reportedly signed an agreement with state-owned Korea Gas Corporation to invest in three exploration permits in the Browse Basin.
China billions set to benefit WA economy; Rio shareholders still unhappy with deal; Axe to fall at NAB; Short-selling ban 'in the national interest'; Agencies in spotlight as banks push for ratings reform
Nomad Building Solutions has secured contracts worth nearly $30 million from Woodside Petroleum for the construction of two housing lots in the Pilbara, which will house workers for the Pluto liquefied natural gas project.
The turn in global markets has prompted Reindeer gas project owners Apache Energy and Santos to re-tender contracts, with Clough today awarded a substantially smaller contract compared to the $460 million deals it won last year.
GORDON Martin may preside over one of Western Australia's leading private businesses, but it was his recent experiences in the public sphere that shaped his understanding of the current economic crisis.
CHEVRON says it is a step closer to commercialising its Wheatstone project after exploration of two natural gas fields showed there were enough resources to support a two-train development.
Thirty Western Australian mining services companies were in Indonesia last week for the annual Ozmine Conference, which aims to align Australian suppliers with the Indonesian mining industry, delivering positive results for those involved.
Air services provider National Jet is embarking on a complete rebranding and name change amid the renegotiation of $90 million in aviation contracts with Western Australian mining companies.
PERTH-BASED engineering and construction company Monadelphous Group hopes to strengthen its competitive position if it succeeds with plans for a closer link with Sydney-based contractor Norfolk Group.
TWO Japanese companies will buy into the Lake Maitland uranium project in Western Australia after owner Mega Uranium sold a 35 per cent stake for $77 million.
Expanded Gorgon cost to hit $50bn, Barnett claims; $34bn drop in key exports tipped; Companies face higher rates - ANZ; Financial gloom buys time for climate fight - Garnaut; Forrest land deal sparks row
West can defy global crisis, says Premier; Contractors ready to roll as port project awaits nod; Four Pillars our shield; Iron ore mountains grow as China stalls; Macquarie sidesteps funds taint
Mining services company Emerson Stewart Group has posted a strong first half result, with an interim net profit after tax of $1.5 million, a 125 per cent increase on the previous corresponding period.
Two Japanese companies will buy into the Lake Maitland uranium project in Western Australia after owner Mega Uranium sold a 35 per cent stake for $77 million.
BG Group is determined to remove Arrow Energy from the takeover battle for Pure Energy Resources as it lifts its already recommended cash offer to $8.25 for each share.
Alinta owner Babcock & Brown Power has revealed an $18 million hit from the Varanus Island gas explosion as earnings for the half year dipped 9 per cent.
Engineering and infrastructure firm GRD has recorded a 236 per cent jump in full year net profit for its ongoing business, before the shine was taken off after a $58 million hit from the sale of a Sydney asset and other losses.
