Energy

ETS risks loss of Sunrise to Timor, warns Voelte; CBA faces $2bn debt threat; Jobs go in Westpac merger; States revolt over carbon plan; Shares dive as US shakes up financial bail-out

Outgoing Wesfarmers chairman, Trevor Eastwood has lashed out at the power of proxy advisers after the company's remuneration report received a majority of negative proxy votes prior to today's AGM.

State Energy Minister Peter Collier has ruled out purchasing the Western Australian assets of troubled utility investor Babcock and Brown Power, namely those in the Alinta group that the ailing investment banking group bought two years ago.

A top Brazilian official estimates $US400 billion ($608.27 billion) will be needed in the next decade to develop massive offshore oil finds.

Petrol price cut demand snubbed; Banks start to wield job axe; WA Opes Prime case could be waste of time, bank claims; ABC plea for new bank lifeline; Struggling Rick Hart owner looks at all options

Powering up in the SWIS A NEW power station in the suburb of Naval Base opened last week, ensuring a capacity boost of 10 per cent to Western Australia’s power supplies.

MUSIC festival organisers in Perth are taking a 'green' approach to the events they stage, creating carbon-neutral concerts and implementing elaborate environmentally friendly programs.

BHP Billiton Iron Ore has been in negotiations for 18 months to get its labour agreement approved, which is the first step to be granted the right to employ overseas workers on 457 visas.

THE state government has announced the appointment of chief executives for three of its major agencies as the focus turns to who will take the reigns at the departments set to be restructured.

AS global carbon emissions continue to rise, the investment world has begun to grapple with growing costs of consuming fossil fuels.

WHILE apprenticeship programs have been a focus for the government in Western Australia during the past few years, the sector is still suffering from a participation shortfall.

HOW many dollars and how many share options does it take to motivate a chief executive? Judging by recent experience with engineering and contracting companies in the Perth market, it could be anything from $350,000 up to nearly $3 million.

Perth-based Westralian Gas and Power has signed a title transfer and share sale agreement and a joint venture shareholder's agreement with Oswal Resources.

Perth-based engineering firm, GRD Minproc has been awarded an ore processing technology contract on the world's largest uranium deposit and a world scale copper and gold resource, BHP Billiton's Olympic Dam Expansion Project.

West Perth-based Iron Ore Holdings has discovered a new high-grade iron ore deposit at its 100%-owned Weeli Wolli Project near Yandicoogina in the Pilbara.

Alcoa has shelved the proposed expansion of the Wagerup alumina refinery in Western Australia, estimated to cost approximately $3 billion, amid weakening demand and volatility in financial markets.

Investors rush to pour $3bn into NAB; 'Green car' drive in Rudd's industry rescue; Community bars bureaucrats to protest Beagle Bay gas plan; Liberty chairman quits uranium hopeful over self-interest issues; World buoyed by surprise stimulus package

Rio Tinto is confident about the future demand from China for iron ore despite announcing today it will scale back production at its operations in the Pilbara region by 10 per cent.

Nido Petroleum has delivered its first cargo of almost 300,000 barrels of Galoc crude oil to the Petron refinery at Limay, Philippines.

Cooper Energy has become the major shareholder in Incremental Petroleum, purchasing a share of almost 27 per cent in the company.

Mine employment caves in; WA gas demand to double; Uranium's still hot despite Rio's slowdown plans; Pressure on US to bail out car giants; Obama demands new rescue plan

RESOURCESTOCKS magazine has named its best performers in the Australian resources sector for 2008 in its Best of the Best Awards.

A new power station in Naval Base opened this afternoon, ensuring a capacity boost of 10 per cent to Western Australia's power supplies.

ASX-listed Po Valley Energy Limited has been granted six-year gas exploration licences for its La Prospera and Terra del Sole prospects near Bologna in northern Italy.

The Water Corporation has named Sue Murphy as its new chief executive, replacing Jim Gill who retires at the end of the year after a 12-year reign.

Engineering firm Monadelphous Group has secured a $76 million contract from Ports Corporation of Queensland for expansion works at the Abbot Point coal terminal.

ONE of the recurring criticisms of Western Australia is that the state is little more than a quarry for the rest of the world and that our small, one-dimensional economy drives bright, young talent to cities like Melbourne, London and Sydney.

RUMOURS of the death of consulting engineering appear to have been greatly exaggerated.

AS someone who prefers small perfectly formed objects as opposed to monolithic structures, when it comes to business, the government's decision to carve up two Labor-created super departments is something I'd generally welcome.

One year after Wesfarmers secured Australia's largest takeover, the investment market is unsure of the company's prospects.

BUSINESSES in Western Australia spend proportionately more on research and development than their counterparts in any other state, the Australian Bureau of Statistics has found.

Downer EDI has secured a $35 million engineering contract with BHP Billiton for expansion works at its Pilbara iron ore operations, while Paladio Group has won its third Woodside contract in two months.