AusGroup's LNG contract with Chevron in Western Australia has been extended, while CPB Contractors has been awarded packages for Australia Pacific LNG in Queensland.
Carnarvon Petroleum has launched a $50 million share placement, with the funds set to primarily progress the commercialisation of the Dorado oil discovery, as part of its Phoenix project, located in the North West Shelf.
Perth-based consulting firm Sustainability and Brisbane-based sub-consultant OSD have been contracted by the European Bank for Reconstruction and Development to work on a major gas pipeline in Eastern Europe.
Engineering firms Wood and KBR have secured a multi-million dollar contract for the Crux gas project, confirming Shell's desire to accelerate development of the gas field located 160km off the Kimberley coast.
Exports from Western Australia increased by 17.7 per cent to a record $144.8 billion in 2018, underpinning a strong improvement in the nation’s overall trade performance.
Coles has signed a new deal with petrol partner Viva Energy Australia after predicting earnings from its convenience store division to plunge this year more than 60 per cent.
Australian Gas Infrastructure Group has announced it is expanding its Tubridgi gas storage facility near Onslow in the north-west of Western Australia.
David Biggs has been appointed as a non-executive director at Petrel Energy and Warrego, subject to shareholder approval at an extraordinary general meeting in March.
The country's number two independent gas producer, Santos, expects production to rise by up to 32 per cent this year, boosted by the acquisition of Quadrant assets.
Sheffield Resources has signed a deal with Woodside Petroleum and Energy Developments for the supply of liquified natural gas to the Thunderbird mineral sands project in the Kimberley.
Woodside Petroleum has announced December quarter revenue of $1.42 billion, a rise of 43 per cent on the previous corresponding period and surpassing investment bank UBS's estimate of $1.35 billion for the period.
Woodside Petroleum has awarded four contracts, which it is funding without a contribution from venture partner BHP Group, for front-end engineering design activities at its proposed $15 billion Scarborough project.
Oil prices have fallen nearly two per cent as investors worried about a global economic slowdown, snapping a nine-day winning streak spurred by US-China trade hopes, but clung to some gains from that rally to end the week higher.
The national petroleum industry regulator has responded to media reports that Inpex’s Icthys LNG operation is unsafe, saying it gave the all clear for gas to flow at the $US45 billion ($62 billion) facility.
Red Emperor Resources has tapped investors for £2.8 million (approximately $5 million) from a share placing to increase working capital as it prepares for the drilling of the Winx-1 exploration well in Alaska.
Oil prices have risen by more than two per cent, supported by hopes that crude demand may rise more quickly if talks between US and Chinese officials resolve the trade dispute between the world's two biggest economies.
Oil prices have edged higher, rebounding further from 18-month lows reached in December, on support from OPEC production cuts and steadying equities markets.
Oil has risen nearly two per cent after proposed trade talks between the United States and China eased some fears about a global economic slowdown, but gains were capped after the US reported a sharp build in refined product inventories.
Oil prices have risen more than one per cent in a session of volatile trade, drawing support from signs that Saudi Arabia is cutting crude output but pressured by concerns that slowing global economic growth could dent demand.
Opponents of a Puma Energy development on Dunsborough’s main street have emerged victorious from the three-year stoush, after the developer behind plans to build the 24-hour service station announced it would no longer proceed with its bid.
Oil prices are up about two per cent amid choppy trading supported by a slight recovery on Wall Street, even as concerns remained about weakening global economic growth which could hurt demand for oil.
Woodside Petroleum’s Browse and Scarborough LNG developments are the biggest of $95 billion of major projects under way or likely in Western Australia, with 96 ongoing and a further 68 probable.
Oil prices tumbled more than five per cent overnight, falling for the third straight session as the market grappled with reports that US supply would continue to surge even if demand weakens as global growth deteriorates, which many expect.
Oil prices fell about one per cent overnight on signs of oversupply in the United States and as investor sentiment remained under pressure from concern over global economic growth and fuel demand.
SPECIAL REPORT: Three businessmen will have more impact than most on the state’s economic future, with Peter Coleman leading an oil and gas revival, Chris Ellison building a lithium empire, and Rob Scott reshaping Wesfarmers.
Oil prices have dropped about two per cent, weighed down by falling US stock markets, while weak economic data from China pointed to lower fuel demand in the world's biggest oil importer.
