Private investment player, Wyllie Group, will take a 15 per cent stake in Perth-based oil producer Amadeus Energy Ltd, which has raised nearly $15 million in the process.
Perth-based shipbuilder Austal Ltd has today announced that its executive chairman will step down while its US-based chief executive, former Alinta chief Bob Browning, will takeover the Australian operation.
Investors continued to sell out of Babcock & Brown Power Ltd, driving its share price down a further 14 per cent today after the fund downgraded the earnings of its Alinta gas subsidiary.
As the gas crisis bites into the state's industries and households, the state government has confirmed that it will increase the cap on gas tariffs for residential and small business customers by around 10 per cent.
Perth-based explorer Newland Resources Ltd has entered into an agreement to acquire a share of assets worth $44 million from Pacific International Management Inc.
Clean energy technology group Orbital Corporation Ltd has entered into a funding agreement with the federal government worth $2.8 million to construct and operate an engine testing facility in Balcatta.
South Perth-based coal seam gas explorer Pure Energy Resources Ltd has completed a $15 million capital raising with funds to head towards exploration costs on projects on the east coast.
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With the impact of the gas crisis set to last for months, nickel miner Minara Resources Ltd has secured a long-term gas supply contract from alternative sources while its Murrin Murrin operation operates at two-thirds of normal production rates.
Como-based Aquila Resources Ltd battle with AMCI and Brazilian mining company Vale has ended, with the High Court refusing to grant the company leave to appeal.
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The scale of the impact of the Varanus Island gas explosion is starting to emerge, with about 50 per cent of a large sample of companies in Western Australia reporting their production is down by 30 per cent.
With the release of the state government's Pilbara Third Party Haulage Regime last week, iron ore juniors in the area are hopeful their production aspirations will get a boost, though they are not expecting quick resolution of the issue.
Visiting WA; Business Chicks WA Launch National women’s business group, Business Chicks, is to hold a WA launch entitled the Business Chicks Breakfast at 7am on Thursday June 26 at Sheraton Perth Hot
While the world is full of brave people who try to predict the future, the fluctuating fortunes of Western Australian energy companies Alinta and The Griffin Group show how dangerous this practice can be.
With the state's energy policy firmly in the spotlight in the wake of the Varanus Island incident, it has emerged that the Chamber of Minerals and Energy is undertaking a major study to determine the resources industry's power needs for the next decade or
For Morley-based food producer Mrs Mac's Pty Ltd, the gas crisis has put the company in a state of watchful alert, rather than caused significant disruption.
With the impact of the gas crisis set to last for months, nickel miner Minara Resources Ltd has secured a long-term gas supply contract from alternative sources while its Murrin Murrin operation operates at two-thirds of normal production rates.
A new survey by the Chamber of Commerce and Industry of WA has highlighted the need for the public to cut back on its energy use for the sake of the economy.
Malaga-based Advanced Engine Components Ltd has received an order for over 300 natural gas vehicle system kits from Weifang Weichai Peterson Gas Co Ltd in China.
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Pankaj Oswal's Burrup Holdings Ltd has rejected rumours of an explosion at its Pilbara ammonia plant, as reports surface that up to 80 workers walked off the job over safety fears.
Calls from the federal opposition for a second gas pipeline to protect the state's gas supply are misguided, the Australian Pipeline Industry Association said today.
