Several local councils are hoping the state’s assets privatisation program will give them control over one of their most significant expenses – the cost of operating street lights.
ATCO Australia has announced the appointment of Bobbi Lambright as its new managing director and chief operating officer, replacing Wayne Stensby in the Perth-based role overseeing a major energy utility and mobile accommodation builder.
Energy giant Woodside Petroleum has awarded a front-end engineering and design contract to a consortium comprising two NYSE-listed companies, for its proposed Browse FLNG project.
AGL Energy will make more than $600 million worth of writedowns on its upstream gas ventures and sell underperforming businesses as it battles uncertainty surrounding oil and gas prices.
France’s Technip and South Korea’s Samsung Heavy Industries have been signed up as the lead engineering and construction contractors for the Browse floating LNG project, continuing similar work they have undertaken for the Prelude FLNG project.
Coogee Chemicals has started the new financial year with a freshly installed executive chairman in Tim Martin, and a new managing director in Grant Lukey.
Woodside Petroleum has stuck with its planned timetable for the Browse gas project, announcing today it has reached agreement with its joint venture partners to commence front-end engineering and design ahead of a final investment decision by the end of 2016.
The value of Australian iron ore exports is expected to fall next year as strong growth in production volumes is offset by a slump in prices to a forecast $US52.10 per tonne in 2016.
WA has become a leader in wave energy, but commercial realities loom as a major constraint to rolling out the technology to the national electricity market.
The state government expects to reap inabout $1 billion in revenue after signing a development agreement with the Woodside Petroleum-led Browse consortium to supply 800 perajoules of gas to the domestic market.
Stonehenge Metals has entered into an agreement with Yanchep Beach joint venture for collaboration on the development of a wave farm off the state’s coast to potentially supply energy to the Two Rocks community.
Metals explorer TNG has signed a deal with a local renewable energy group for the supply and installation of a solar power system at its flagship Mount Peake vanadium project in the Northern Territory.
THE launch this month of independent oil and gas producer Quadrant Energy has underlined the big role private equity investors play in Western Australia, owning more than a dozen major businesses a
State-owned electricity provider Synergy has declared itself to be at the ‘leading edge’ of energy management and storage technologies, after selecting a Perth contractor for a trial electricity battery storage project in Perth’s north.
Pacific Energy has won a contract to build, own and maintain a 14 megawatt power station at Saracen Mineral Holding’s Thunderbox gold project near Leinster for an undisclosed sum.
Listed Perth company AnaeCo has achieved a significant milestone at its waste-to-energy plant in Shenton Park, with Western Power approving its connection to the electricity grid.
DBP Transmission, the owner and operator of the Dampier natural gas pipeline, has signed up for a $245 million, seven-year debt facility with a Japanese bank.
A 270 kilometre-long gas pipeline connecting Fortescue Metals Group’s Solomon hub operations to the Dampier natural gas pipeline was officially opened today.
Energy provider AGL has unveiled plans to sell off more than $1 billion worth of assets and cut costs by $200 million within two years, sending its share price to its highest level in eight years.
Western Australia has developed a strong edge in resources technology but must continue to invest in innovation as it faces competition from other regional players and beyond, according to the Western Australian Energy Research Alliance.
Woodside Petroleum has provided some telling insights into how it plans to achieve $800 million in productivity gains by the end of next year; as well as chopping 600 jobs, it has slashed the number of vendors supplying its Australian business from 3,000 to 800.
Former Perth Wildcats chief executive and owner Andrew Vlahov has been flagged as the new head of thermal energy company Enerji, as the company announces a board shake-up.
West Perth-based Liquefied Natural Gas Ltd has tapped investors for a $174 million capital raising to fund ongoing development of its two North American LNG projects.
Western Australia could secure projects worth $1 billion under a reduced renewable energy target, although there is conjecture as to whether the final terms will be business friendly enough.
The state government is aiming to collect up to $5 billion from a vastly expanded privatisation program that includes Fremantle Ports, the TAB, office buildings, residential land estates, Keystart loans, houses, plantations and power stations.
