Chevron has again claimed the country's largest ever resource deal with a gas sales deal over the Wheatstone project with Tokyo Electric Power Company, estimated at $90 billion.
Subiaco-based Summit Resources will pay French nuclear company Areva $4.5 million to settle legal action over the uranium marketing rights to the Valhalla/Skal deposit in Mt Isa.
For all the clout that multinationals Chevron and Shell might normally expect to wield, it is clearly Woodside boss Don Voelte who wears the pants when it comes to the Browse LNG venture in the Kimberley.
Woodside chief Don Voelte today welcomed the federal government's strict deadline for moving forward with development of the giant Browse gasfield as "brilliant" and "a shot in the arm" for the people of the Kimberley.
Progress towards a final investment decision for the $20 billion Wheatstone project is gathering pace with operator Chevron today awarding the offshore component of a key contract to Technip Oceania and WorleyParsons subsidiary, Intecsea.
The partners in the Woodside-led Browse Basin gas project must spend $1.25 billion within the next three years under the terms of a lease renewal offer made by the federal and state governments.
Woodside Petroleum says it will not reverse a decision to change new accommodation arrangements at its $12 billion Pluto gas project despite workers today going on an illegal 48-hour strike.
Mining services company Mineral Resources has secured a long-term sales agreement with Baosteel Group Corporation and finalised a $52 million placement.
Construction is officially underway at Gindalbie Metal's $1.8 billion Karara iron ore project in the Mid West following an official ground-breaking ceremony held on site this morning attended by Premier Colin Barnett.
Brockman Resources has today appointed Ausenco as its lead study manager for the definitive feasibility study for its Marillan iron ore project in the Pilbara.
A consortium led by aggressive Perth-based mining services group Mineral Resources will revive the stalled Windimurra Vanadium project near Mt Magnet, after striking a deal with administrators and receivers.
Frank Timis-controlled explorer African Minerals is poised to become the leading shareholder in Cape Lambert Resources via a $31 million scrip deal over the Marampa iron ore project in Sierra Leone.
CBH Resources has decided to develop its Panorama copper-zinc project in the Pilbara as an underground mine with capital costs estimated at $150 million.
Woodside Petroleum chief Don Voelte today slammed key terms of a third party gas supply deal struck by rival liquefied natural gas developer Chevron as "stupid".
West Perth-based Bass Metals plans to raise $15.3 million, which in combination with its $15 million banking facility, will be used to develop the Fossey polymetallic project in Tasmania.
Oil junior AED Oil has drawn the attention of the share market regulator over the timing and content of its disclosure relating to problems at the Puffin oil field in the Timor Sea.
Shares in Subiaco-based IMX Resources are higher after an unnamed party expressed interest in providing $US45 million ($A49 million) in finance for its Southern Oregon mineral sands project in the US through a mix of debt and equity.
Shares in Aviva Corporation have slumped after it decided not to extend its option over the only coal deposit for the Coolimba power project in the Mid West, part of the ramifications of the lost power supply tender contract to Verve Energy.
Shares in West Perth-based Red 5 have surged after it received the final approval from the Philippines government for its $US73 million ($A79 million) Siana gold project.
Perth-based Advanced Well Technologies and Brisbane-based MBA Petroleum Consultants have merged to create a company that services the energy and gas sectors.
Australasian Resources has gained federal environmental approval for its $2.7 billion Balmoral South iron ore project as discussions continue with a number of potential financiers.
State parliament today passed legislation to broaden the gas specifications of the state's main gas pipelines, removing a key obstacle to BHP Billiton's plans to develop the $1 billion Macedon gas project off Exmouth.
The Foreign Investment Review Board has given the green light for a Chinese entity to take a controlling interest in Perth-based Moly Mines, in a $US200 million deal that was first unveiled a month ago.
Murchison Metals-backed iron ore miner Crosslands Resources has significantly boosted the proposed scale of its Jack Hills iron ore development north-west of Meekatharra in the Mid West.
Heavy equipment sales and rental company Emeco expects its 2010/11 earnings to be at the lower end of its earnings guidance of between $46 million and $53 million on the back of a stronger Australian dollar.
Gold and base metals explorer, Rubianna Resources has launched an initial public offer of 30 million shares at 20 cents each to raise $6 million to embark on drilling and exploration programmes across nine Mid West projects.
Gold exploration company Cortona Resources has announced plans to raise $10.3 million to accelerate the development of its Dargues Reef gold project in New South Wales.
Former Environmental Protection Authority chairman Barry Carbon has today been appointed to the board of Bauxite Resources, which is currently awaiting approval for its bauxite operation from the Department of Environment.
A revitalised Macmin Silver will list on the local stock market tomorrow as Alcyone Resources, a year after it fell into administration on the back of the global financial crisis.
