THE three partners in the Gorgon gas project have approved spending of $1 billion and the employment of 1200 staff and contractors ahead of a final investment decision over the coming 12 to 18 months.
A consortium headed by WorleyParsons is embarking on a major study to develop a series of 250-megawatt advanced solar thermal power stations across Australia.
The short, sharp election campaign called by Premier Alan Carpenter makes it imperative that the major parties focus on the core issues that will affect Western Australia's long-term future.
Australian Business Arts Foundation has appointed a new WA coordinator, Maeve Kavanagh, following the resignation of Margot Dorrington, who has taken up a position with Western Power.
Retail trading hours and major project development emerged as the top business issues in the first week of the state election campaign, with Labor and the Liberal opposition both claiming they have a better track record.
Portman Ltd has turned up the heat in its battle with junior iron ore company Golden West Resources Ltd, which has recruited a senior Rio Tinto manager as its new chief executive one day after signing a Chinese iron off-take deal.
West Perth-based Emerald Oil & Gas NL has entered into an agreement to acquire a 25 per cent interest in 50 gas wells in the United States for $2 million.
Late surge nudges St George to record run; Gas blast warnings ignored; Partners set $1b budget for decision on Gorgon; WorleyParsons reaps bonanza on resources; BHP, Rio to square off as they pull out profit guns
Golden West Resources Ltd has entered into a 15-year offtake agreement with a Chinese steelmaker, which will also subscribe to nearly $27 million worth of shares for an 11 per cent stake.
An investigation into the Varanus Island gas pipeline rupture has found the operation complied with general safety standards as the government calls on the state opposition to not jeopardise the inquiry.
A consortium headed by WorleyParsons and including the state's biggest companies is embarking on a major study to develop a series of $1 billion, 250 megawatt solar thermal power stations across Australia.
Perth-based Jupiter Energy Ltd will pay up to $57 million to move to full ownership of an oil field in Kazakhstan, with Macquarie Bank to provide funding assistance.
The three partners in the Gorgon gas project have approved spending of $1 billion and the employment of 1200 staff and constractors ahead of a final investment decision over the coming 12 to 18 months.
Perth-based coal miner Handini Resources Ltd has revised its initial public offer, this time doubling the amount of funds to be raised to $10 million as it pins its hopes on a major company to take the majority of shares.
Strike Resources Ltd is banking on the high iron ore and coal prices to feed the development of its flagship Peru project as it signs a $19 million scrip deal to reacquire two projects from Perth-based Orion Equities Ltd.
Shares in West Perth-based ARC Energy Ltd will be suspended from trading at the close of business today after the Federal Court approved its merger with Australian Worldwide Exploration Ltd.
Steel price squeeze hits economy; Sub-prime spotlight to fall on CBA result; RBA to prune growth outlook; Time has come for WA to process its resources: Barnett; Rio eyes coal IPO as it ramps up asset sell-off
A Queensland-based consortium is pushing ahead with bold plans for a A$14 billion, 3300 kilometre rail line from the Pilbara to Queensland with industrial smelter hubs at each end after gaining support from 19 steel producers.
Subiaco-based Red Fork Energy has secured $33 million for the exploration of a new gas project in Oklahoma after signing a joint venture deal with a Dallas-based company.
Western Australia will head to the polls on September 6 after Premier Alan Carpenter called a snap election, drawing surprise from the state opposition and predictions it will be a close-fought race.
West Perth-based Hawk Resources Ltd will start trading as New Standard Energy Ltd tomorrow after finalising the acquisition of oil and gas assets in the Canning Basin.
Queensland government owned power generator Stanwell Corporation Ltd has taken a 19.6 per cent stake in Blue Energy Ltd after buying a parcel of shares from CVC Ltd for nearly $35 million.
West Perth-based Straits Resources Ltd subsidiary, Straits Asia Resources Ltd, has posted a 264 per cent jump in net profit for the first half of 2008.
In halls of power around the world, some very worried politicians and public servants are beginning to realise that peak oil production is real and it is happening right now.
The federal government's Productivity Commission has released its evaluation of the financial performance of 86 government trading enterprises across Australia.
Developers of the Gorgon gas project are looking to invest almost $1 billion on carbon capture and storage, which could reduce CO2 emissions by up to 40 per cent.
Business has asked for temporary tax relief and sought a bigger role for the Small Business Development Corporation as the key elements of an assistance package in the wake of the Varanus Island gas crisis.
The Carpenter government has ordered a review into the security of the state's gas supplies following two major interruptions this year as gas begins to flow at Apache Energy Ltd's Varanus Island facility today.
