CHEVRON says it is a step closer to commercialising its Wheatstone project after exploration of two natural gas fields showed there were enough resources to support a two-train development.
Thirty Western Australian mining services companies were in Indonesia last week for the annual Ozmine Conference, which aims to align Australian suppliers with the Indonesian mining industry, delivering positive results for those involved.
Air services provider National Jet is embarking on a complete rebranding and name change amid the renegotiation of $90 million in aviation contracts with Western Australian mining companies.
PERTH-BASED engineering and construction company Monadelphous Group hopes to strengthen its competitive position if it succeeds with plans for a closer link with Sydney-based contractor Norfolk Group.
TWO Japanese companies will buy into the Lake Maitland uranium project in Western Australia after owner Mega Uranium sold a 35 per cent stake for $77 million.
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Mining services company Emerson Stewart Group has posted a strong first half result, with an interim net profit after tax of $1.5 million, a 125 per cent increase on the previous corresponding period.
Two Japanese companies will buy into the Lake Maitland uranium project in Western Australia after owner Mega Uranium sold a 35 per cent stake for $77 million.
BG Group is determined to remove Arrow Energy from the takeover battle for Pure Energy Resources as it lifts its already recommended cash offer to $8.25 for each share.
Alinta owner Babcock & Brown Power has revealed an $18 million hit from the Varanus Island gas explosion as earnings for the half year dipped 9 per cent.
Engineering and infrastructure firm GRD has recorded a 236 per cent jump in full year net profit for its ongoing business, before the shine was taken off after a $58 million hit from the sale of a Sydney asset and other losses.
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It was frenetic time for the Australian oil and gas sector in 2008, with deals in the industry multiplying six-fold to $US17.2 billion ($A27 billion), a new study reveals.
Clough says it will ramp up its position in the oil and gas sector after it agreed to sell its majority stake in Indonesian subsidiary PT Petrosea Tbk for $129 million.
A lower than anticipated performance from Alinta and other operating businesses has prompted Babcock & Brown Power to revise down its full year earnings.
The buoyancy of the oil and gas sector in the current economic climate has helped deliver record revenues and profit for the half year for Neptune Marine Services.
Po Valley Energy has secured three-years of forward sales from two of its Italian gas fields, valued at around $150 million, after signing a second offtake deal with Elettrogas.
WHILE Western Australia's geothermal energy industry progresses at a snail's pace, former Perth-based BHP Billiton executive Bret Mattes is enjoying rapid progress in Indonesia.
MACMAHON Holdings director John Massey has seized on the company's declining share price to bolster his interest in the stock, a day after the release of a subdued interim report.
FEDERAL schemes designed to increase the uptake of solar panels have created plenty of business for companies like Solar Unlimited, but the rapid expansion is providing a major management challenge for the Western Australian firm.
THE state government's plans for a gas processing hub on the Kimberley coast have received a boost from the region's traditional owners, which have said they are ready to negotiate a deal for a large-scale liquefied natural gas development on Aboriginal l
THERE must have been high-fives all through the halls of power in Beijing last week as government Mandarins celebrated victory over Western mining interests.
Woodside Petroleum says it will issue $US1 billion in corporate bonds in the United States in a bid to repay short term debt and for capital expenditure.
Chevron Corporation says it is a step closer to commercialising its Wheatstone project after exploration of two natural gas fields showed there were enough resources to support a two-train development.
Mining services company Emeco Holdings has revised down its full year earnings forecast as it books a 30 per cent lift in half year net profit after tax of $39 million.
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