Energy

The Corruption and Crime Commission has released its second damning report in less than a week, calling for criminal charges against a former Horizon Power IT manager, his business partner and his accountant.

Subiaco-based oil and gas junior Calima Energy has raised $25 million through a placement, and aims to pick up a further $40 million through debt to underpin a drilling campaign at its Canadian exploration tenements.

Opinion: WA's interest and those of other states are poorly aligned in terms of national energy policy, and the same is increasingly the case given US trade tensions with China.

Origin Energy has more than doubled underlying profit on the back of improved performance in its retail and gas production operations, and signalled a return to dividend payouts in the current financial year.

State opposition leader Mike Nahan has locked in part of his party's energy policy early in the election cycle, pledging on the weekend to allow competition in retail power markets if his party wins the 2021 election.

The board of APA Group has accepted a $12.98 billion takeover offer from a consortium led by Hong Kong's CK Infrastructure (CKI), in a deal that will see major gas pipelines in WA sold to a new owner.

States and territories have signed up to the federal government's proposed National Energy Guarantee today, and it will have a big impact on Western Australian industry despite the state not being part of the National Electricity Market.

Sydney-based energy supplier AGL Energy has continued its slow growth in to the WA market, with its annual results revealing it had secured 21,000 gas customers locally by the end of June.

WA-based Azark Projects is calling on the federal government to review its preference for a nuclear waste storage facility in South Australia, with the George Gear-led company proposing Leonora as a more suitable location.

Zenith Energy has completed a $40 million issue of subordinated debt notes through FIIG Securities, with the proceeds to be used for refinancing existing debt, capital expenditure and acquisitions.

Belmont-based remote power provider Zenith Energy has won a contract to provide a 20 megawatt power station at Chevron's oil operations on Barrow Island.

It may have gone largely unnoticed in Western Australia, but a recent report into the east coast's electricity market could have major implications for the state, including for government-owned monopoly power business Synergy.

Gas users will save nearly $200 million over five years after the Australian Competition Tribunal dismissed a move by the owner of the Dampier to Bunbury Natural Gas Pipeline to alter a pricing decision by the state's Economic Regulation Authority.

Three Perth entrepreneurs in the fields of solar energy, defence technology and engineering services are heading to the EY national finals.

A new mercury waste treatment plant in the state's north-west is aiming to process a large share of the local oil and gas industry's waste.

Lithium advocates have been cautioned to separate facts from hype as it is not yet clear if battery manufacturing in Western Australia will be practical, although refining plans should proceed immediately, according to Mckinsey & Co partner Prabhav Sharma.

The much anticipated Browse LNG project has taken a step forward with partners arriving at an early stage agreement on pricing to pipe gas through an existing Karratha plant, while a proposed second train at Pluto LNG now looks likely to be much larger.

Shares in Carnarvon Petroleum were up 57 per cent today after the company revealed its joint venture partner Quadrant Energy had made an oil discovery described as staggering.

A doubling of production at Chevron's Gorgon LNG plant has helped boost national exports of the fuel 38 per cent to $30.8 billion in the year to June 2018, according to consultancy Energy Quest.

An avocado farm near Pemberton, deep in the state's South West, may not be the obvious location for an award-winning energy technology application.

Engineering and construction group Valmec and Geraldton-based WBHO Infrastructure have secured infrastructure contracts with Water Corporation at its facilities in Western Australia.

Newly listed Babylon Pump & Power has secured a $1.1 million power supply contract at BHP Billiton's Mining Area C project in the Pilbara.

Oil prices fell on Thursday after US President Donald Trump sent a tweet demanding that OPEC reduce prices for crude.

Pacific Energy says it will meet its underlying earnings guidance for the 2018 financial year, but has flagged impairments totalling $14.8 million.

Carnegie Clean Energy has agreed to sell its battery storage and microgrid business to ASX-listed Tag Pacific as part of an all-scrip merger deal.

Perth-based blockchain business Power Ledger has signed a deal to work on an electric vehicle charging project in California's Silicon Valley.

Monadelphous' joint venture business, Zenviron, is part of a consortium that has been contracted to deliver a wind farm in regional Victoria, with Zenviron expected to perform $70 million of work on the project.

SPECIAL REPORT: The rollout of next generation energy infrastructure such as batteries and microgrids is kicking off in WA, adding to the opportunities available for contractors in this space.

Rooftop solar capacity across Perth and surrounds will nearly triple in the next decade, to be about 2.3 gigawatts, as the Australian Energy Market Operator confirmed current capacity and demand side management was sufficient to meet forecast demand on the South West Interconnected System power network.

Iron ore miner Roy Hill has connected its Port Hedland operations to Horizon Power's North West Interconnected System following the installation of extensive underground facilities, which began in 2016.

Frank Tudor has resigned as managing director of Horizon Power to take the reins of eastern states energy player Jemena.

The ownership of two major gas pipelines in Western Australia could change hands after a Chinese consortium proposed a $13 billion takeover of energy infrastructure giant APA Group, one year after the same consortium bought DUET Group, which owns the Dampier to Bunbury gas pipeline.