Peter Botten

Prominent Western Australians, including the late Stan Perron, Peter Botten, John Atkins, and Michael Fitzpatrick have been recognised for their service to the business community at this year’s Australia Day Honours.

Oil Search has signed an agreement with the Papua New Guinean government for the Papua LNG Project, enabling initial work to begin on the giant development.

Oil Search says both its second-quarter production and revenue have dipped by 5 per cent as expected, but analysts were reportedly looking for a more substantial first-half recovery after last year's earthquake in Papua New Guinea.

Former Buru Energy managing director Keiran Wulff will replace outgoing Oil Search managing director Peter Botten, with the long-serving leader to hand over the reins in February.

Oil Search has posted a 24 per cent drop in quarterly revenue and cut its 2019 production guidance after damage to a mooring system dented output.

Oil Search shares have dropped more than 10 per cent in value after negotiations on developing a new gas field in Papua New Guinea fell apart over the weekend.

AGL boss Brett Redman is leaving the energy provider after only last month starting efforts to create separate coal-fired power and clean energy businesses.

AGL Energy will give investors a say on reducing carbon emissions but some argue the energy provider needs to do more.

Energy provider AGL has defeated climate activists' attempts to more quickly part with its coal-fired power, including an 18-year-old challenger for a board role.

AGL Energy is abandoning plans to split into two separate entities, while flagging the departure of chair Peter Botten and chief executive Graeme Hunt.

An extraordinary case involving Perth lawyers working for a foreign client but not travelling illustrates a shift in how law is practised.