Energy

Energy analytics firm Greensense is set to be acquired by Brisbane-based energy provider ERM Power in an all-cash deal worth $5.25 million.

Tap Oil has flagged a range of cost-cutting strategies while announcing a $6.75 million capital raising to pay back debt, after final terms of a refinancing deal with Macquarie Bank fell through.

The consumer watchdog has found retail margins in the petrol industry are at their highest level since monitoring began 13 years ago.

Eden Energy, which is seeking to commericalise its innovative concrete product, is looking to wipe out its debt by completing a $6.1 million capital raising, with its major shareholder committing to over a third of the offer.

Engineering contractors Monadelphous Group and Wood Group have secured new contracts with Woodside Petroleum and ConocoPhillips to service existing oil & gas facilities.

Woodside Petroleum has formally abandoned its attempted takeover of rival energy company Oil Search by withdrawing its $11.6 billion bid.

SPECIAL REPORT: The 2015 CEO salary survey has some surprising names near the top of the list while some of the state’s best chief executives are unexpectedly low down.

The Australian Competition and Consumer Commission is understood to be investigating Synergy following predatory pricing complaints from several players in the state’s electricity market.

Programmed Maintenance Services is among five companies to be added to the S&P/ASX200 in changes to the market indices set to occur after market close on December 18.

Analyst firm EnergyQuest has predicted lower liquefied natural gas prices will not lead to Australian operations switching off or cutting back production, in its latest quarterly review of the industry.

Santos will tap investors for around $585 million to meet a shortfall in its $2.5 billion rights entitlement offer.

Synergy chairman Lyndon Rowe has mapped out a detailed agenda for energy market reform, saying there would be catastrophic consequences if the government did not tackle market players with vested interests.

The latest official report into Western Australia’s gas supply and demand outlook has raised the ire of a group of major domestic gas users, which says some of its key findings are misleading and called for an independent review into how the report is compiled.

Three workers have been killed in two separate incidents across Perth today, including two men crushed by a concrete slab at a construction worksite in East Perth.

Chinese investors appear increasingly bullish about opportunities in Western Australia’s energy sector, following revelations a division of China’s biggest offshore oil and gas producer, CNOOC, was a significant influence in one of the state’s biggest battery storage trials.

IT services provider Empired has grown its energy sector portfolio with the award of a $10 million contract by regional utility Horizon Power.

Engineering firm Monadelphous Group has won a $200 million contract for work on Shell’s Prelude floating liquefied natural gas project in the Browse Basin.

A hotel and a laboratory in Perth have been recognised as two of the best places to work in Australia, while two Western Australian workers have also been honoured for excelling during their training.

Having invested million of dollars over many years in an uncertain regulatory environment, Western Australian private power station developers are now facing further delays due to proposed changes to the electricity market.

Local company Bhagwan Marine has won a contract to provide its services to Quadrant Energy’s operations in the North West Shelf for an undisclosed sum.

The competition watchdog has cleared oil and gas giant Shell's proposed $70 billion takeover of rival BG Group, saying it will not substantially alter the domestic natural gas market.

Labor senator Sam Dastyari has accused oil and gas multinational Chevron of being the "biggest tax dodger" in Australia.

Energy Made Clean has won the contract to build a solar farm on Rottnest Island as part of a $7.3 million renewable energy project.

A parliamentary committee report on fracking in Western Australia has found that there is misinformation in the public debate on the issue and made 12 recommendations to the state government for regulating the industry.

Perth company Liquefied Natural Gas has finalised an engineering contract for an LNG plant in the United States that will cost about half as much, per tonne of production, as most of the LNG plants under construction in Australia.

Energy Minister Mike Nahan has welcomed the ‘Uberfication’ of the electricity industry, saying the largely state controlled market must be challenged.

Marine services company MMA Offshore has won a $50 million contract to provide services to Woodside Petroleum, but says low oil prices are placing significant pressure on market demand, with conditions unlikely to improve during the financial year.

Oil and gas producer Santos plans to cut its debt by $3.5 billion through two capital raisings and one asset sale, in an effort to ride out weak oil prices, and has recruited Clough boss Kevin Gallagher as its new chief executive.

Engineering firm RCR Tomlinson has secured new contracts worth a combined $100 million, including $48 million in water infrastructure projects in Western Australia.

Labor's candidate for the new West Australian federal seat of Burt has hinted the party's policy of a national interest test for gas exports will form a key plank of his election campaign.

Construction giant Cimic's Leighton Contractors unit has secured a contract from BG Group for setting up gas infrastructure in Queensland's Surat Basin.

Vinalco Energy, the Synergy-owned Muja power station operator, could be fined up to $100,000 after it was found to have exercised unlawful power over Western Australia’s electricity market.