Energy

The Clough family, including patriarch Harold Clough, has sold its remaining shareholding in the engineering and construction company Clough Ltd, pocketing over $21 million from an on-market sale.

Oil Basins Ltd has applied to the Supreme Court of Western Australia for an urgent hearing into an alleged breach of obligations by a Perth-based Australian Worldwide Energy Ltd subsidiary over licences in the Canning Basin.

Fears of global crash see US take over big insurer; TLG knocked back tied gas supply; Moly Mines dips again on nervousness about project funding; Tidy windfall off back of credit slump; Employers win new IR powers

CONTROVERSIAL resources projects in the Mid West and the Pilbara regions of the state are looming as early tests for the newly elected government's approach to environmentally-sensitive developments.

Emeco Holdings appoints Cahill FORMER Alinta Infrastructure Holdings chief executive officer John Cahill has joined the board of mining services company Emeco Holdings Ltd as an independent non-execut

PERTH is emerging as the gateway for international service and maintenance firms in the oil and gas sector, with many strategically positioning themselves here for the expected boom in the fast-growing Asia-Pacific region.

Oil and gas services companies see an abundance of opportunities in WA, but local firms aren’t assured of winning the work.

ONE of the many challenges facing the new state government will be development of a coherent industry policy.

CIVIL contractor Brierty Ltd has appointed former United Group Ltd executive manager Stuart Croft as its new chief executive to take over from company founder Alan Brierty.

MAJOR opportunities exist for local engineering, procurement, construction and management companies to take advantage of the billions of dollars worth of LNG and oil projects planned for construction in Australia.

INTERNATIONAL companies are steering away from Western Australia because of industrial relations instability and confrontational unions, the WA Business News forum has been told.

PEAK industry groups in Western Australia have voiced concern over the federal government's proposed Carbon Pollution Reduction Scheme, saying it would adversely affect exporters.

Herald Resources Ltd executive director, Michael Wright, has stepped down after 22 years with the company.

The Federal Court has ordered Victoria-based Oil Basin Ltd to pay costs related to its proceedings launched against Perth-based companies ARC Energy Ltd and Buru Energy Ltd.

Norwegian fertiliser company Yara International ASA has lifted its stake in Burrup Holdings to 35 per cent after purchasing additional equity from the company's founder and chairman Pankaj Oswal.

Cape Lambert Iron Ore Ltd will seek legal advice after it received a requisition notice from new major shareholder Power United Ltd, which has proposed to oust several directors including executive chairman Tony Sage.

Woodside Petroleum Ltd said the introduction of the government's emissions trading scheme will more than double the operating costs of a liquefied natural gas project.

Perth-based integrated energy company Aviva Corporation Ltd has entered into a joint venture agreement with a New York-listed company effectively valuing its 400 megawatt Mid West power project development at almost $70 million.

Civil contractor Brierty Ltd has appointed former United Group Ltd executive manager Stuart Croft as its new chief executive.

A yet to be made decision by Inpex Ltd to build a $12 billion liquefied natural gas plant in the Kimberley may be under threat by the federal government.

Former chief executive officer of Alinta Infrastructure Holdings, John Cahill, has been appointed as an independent non-executive director of mining services company Emeco Holdings Ltd.

Premier-elect Colin Barnett will seek an urgent meeting with Inpex Ltd to encourage the Japanese company and its joint venture partner to build a $12 billion liquefied natural gas plant in Western Australia.

Shares in uranium stocks with assets in Western Australia have surged this morning as the prospect of a ban on mining the commodity comes to an end following the Nationals support of a minority Liberal state government.

Perth-based property developer Peet Ltd said it remains "deeply concerned" over gas emissions from a disused landfill site neighbouring one of its estates in Victoria.

A scoping study into Perth-based Heron Resources Ltd's Yerilla operation, which includes the Jump-up Dam project, has estimated a capital cost of $1.2 billion with a payback period of six-and-a-half years.

Brisbane-headquartered contractor John Holland secured a $125 million contract for construction works at the $2 billion expansion of the Worsley Alumina refinery in Western Australia.

Western Australia's Nationals party has been handed more power in the outcome of the state election, with independent member for Kalgoorlie John Bowler announcing he will side with the party, potentially strengthening the Liberal claim to government.

The Chamber of Commerce and Industry WA said the introduction of an emissions trading scheme could potentially present the biggest challenge to business and industry over the last 50 years, as it lodged its submission with the federal government today.

The Kimberley Land Council has released its shortlist of potential site suitable for the development of a liquified natural gas hub with the government's Northern Development Taskforce to release its shortlist after the election result is known.

Continued strong growth in iron ore and gas projects in the Pilbara has underpinned WA's economic growth.

Antaria Ltd Thibaut Mortier has resigned as director. APA Financial Services Ltd Mark Perry has resigned from the board of directors.

Could the emergence of Brendon Grylls as a power broker in Western Australian politics create a shockwave that reverberates across the country and around the globe? It is possible that a few thousand regional and rural voters could have a major impact on