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.
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.
Santos and Quadrant Energy have signed a deal for the sale of the Stag oil project in the Carnarvon Basin to Malaysian company Sona Petroleum for $US50 million ($A70 million).
A joint venture between UGL and UK company Cape has won a contract to provide services to the Woodside Petroleum-operated Karratha gas plant for an undisclosed sum.
Norwegian company Yara International has moved to full ownership of the giant ammonia plant built by Pankaj Oswal in the Pilbara, paying a price that reflects the expected impact of higher gas prices in future.
An independent panel has endorsed the proposed development of a liquefied natural gas precinct at James Price Point near Broome, but the recommendation may have little impact as project developers led by Woodside Petroleum have shifted their focus to floating LNG developments.
Commodity prices are expected to rebound in the next two years, according to forecasts by the Economist Intelligence Unit, led by a sharp rise in the crude oil price and a lift in base metals.
Investors have welcomed news that engineering and contracting firm Monadelphous Group has teamed up with a family-owned company in the US to target work in the shale gas industry.
The proponent of one of Perth’s three waste-to-energy plants is hopeful more local councils will commit to diverting waste from landfill towards the $400 million project, following a contractual agreement with a group of long-term supporters.
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Leading local businesswomen Sharon Warburton and Vicki Krause have joined the board of the energy provider Western Power, replacing outgoing directors Paul Underwood and Sue Wilson.
A clean energy technology developed at the University of Western Australia with funding from Wesfarmers is the driving force behind Hazer Group, which is looking to secure up to $5 million as it prepares to list on the Australian Securities Exchange later this year.
Transferring control of large swathes of WA’s electricity market to the east-coast based national regulator has been welcomed by dominant market player Synergy.
Perth Basin energy producer Empire Oil & Gas has announced its first profit, on the back of improved operating performance and a strong cost control strategy.
