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.
Perth-based Carnegie Corporation had been issued a five-year exclusive licence to identify suitable areas for a wave energy facility off Albany's coastline.
Perth-based Coal of Africa Ltd has boosted its bank balance to more than $280 million following approval for an African investor group to increase its stake to 17.3 per cent.
The state president of the Australian Institute of Company Directors Fiona Harris and former senior manager of Western Mining Corporation Mike Donaldson have been appointed to Territory Resources Ltd's board.
Engineering company Neptune Marine Services Ltd has been awarded a $2.5 million contract from Dutch marine contractor Van Oord to provide services for the Blacktip gas field development in the Timor Sea.
West Perth-based ARC Energy has hit back at claims that it breached a confidentiality agreement after it received a writ from Oil Basins Ltd late last week.
Apache Energy Ltd delivered good news on the gas criris today when it said partial production from its Varanus Island gas plant will resume ahead of schedule but the Chamber of Commerce and Industry WA said the state is not "out of the woods".
Perth-based green energy firm Eden Energy Ltd has established a new US subsidiary to lead the production and promotion of its 20/80 hydrogen/natural gas fuel blend.
This week's landmark decision on the preferred developer for the Oakajee port project has reminded Western Australians that Japan still plays a very big role in the state's economy.
While much of the state's focus has been on the Varanus Island gas crisis, operator Apache Energy is forging ahead with its Devil Creek gas development project, which is open for environmental submissions from the public.
Property developers in Western Australia are likely to face higher costs for water connections to projects in regional areas if changes to developer contributions, put to the state government by the Economic Regulation Authority, are adopted.
Although they are at the heart of Western Australia's resources boom, regional communities are only just starting to receive the downstream benefits from the state's strong economy.
BHP Billiton Ltd is expected to restart rail and port activities at its Nelson Point operation shortly after a 52 year old employee was killed on site yesterday.
Developers of the Gorgon gas project are looking to invest more than $1 billion on carbon capture and storage designed to reduce the project's emissions by up to 40 per cent.
