BHP Billiton has confirmed it is reviewing its iron ore operations, after it was revealed last week job cuts were likely following a review at its Worsley Alumina operations south of Perth.
Origin Energy says it had to act after agreeing to fork out up to $US800 million ($A865.57 million) for a stake in a new gas project off the Western Australian coast.
Oil prices have finished lower on mixed economic data and signs of higher crude output from members of the Organisation of Petroleum Exporting Countries (OPEC).
The slump in the price of iron-ore to near 20-month lows has failed to halt the development of assets in Australia and overseas, despite ongoing cost cutting across the sector.
Canada-focused explorer Coalspur Mines says it stands little chance of developing its flagship Vista thermal coal project in the near-term as tough equity market conditions threaten the company's ongoing viability.
Perth drilling company Enerdrill has been selected to provide drilling rig services to AWE and Titan Energy's Perth Basin exploration permit for an undisclosed amount.
Fortescue Metals Group has called for the phasing out of the state government's contentious domestic gas reservation policy, which has traditionally been backed by big gas buyers, in favour of stricter application of the ‘use it or lose it' rules.
Chinese steel giant Baosteel and listed railway operator Aurizon have cleared a key hurdle in their $1.4 billion joint takeover bid for Perth-based Aquila Resources, with the Foreign Investment Review Board giving the green light to the proposed deal.
Perth oil and gas explorer Rey Resources has agreed to farm into the Dunnart-2 exploration well joint venture in the Perth Basin with Key Petroleum and Caracal Exploration.
The CEO of Exxon Mobil Corp says alternative fuels will grow but that oil will remain the world's leading source of energy for another quarter century.
Engineering contractor Thiess has been awarded a $330 million contract to construct the process plant facilities for the Roy Hill iron ore mine in the Pilbara (with updated list of 36 major engineering construction contracts awarded in past year).
Programmed managing director Chris Sutherland says the group's annual results show the benefits of its diversification, with its government and property contracts largely offsetting a decline in resource sector work.
Global oil prices have dipped after a successful presidential election in Ukraine over the weekend helped ease some concerns despite continued fighting in the pro-Russian east.
Mines and Petroleum Minister Bill Marmion has flagged new industry safety guidelines in the wake of five mining fatalities in Western Australia in nine months.
The resources sector will struggle to find enough skilled workers to drive production on the LNG plants expected to come on-stream in the next few years.
The accommodation squeeze in the north-west appears to be over with at least one Pilbara hotel shutting temporarily amid industry claims construction camps close to major population centres are competing with traditional hospitality providers.
The enormous gas supply deal Russia recently struck with China reduces Australia's advantage as a major liquefied natural gas exporter, according to Australian advisory firm EnergyQuest.
Perth-based potash exploration company Reward Minerals has been served a $33,000 penalty by the Australian Securities and Investments Commission and has complied with the infringement notice.
Rio Tinto has committed to plans to develop the $US20 billion Simandou iron ore project in Guinea, signing a deal with the West African nation's government and development partners.
The Gina Rinehart-backed Sun Resources has purchased a stake in oil and gas leases in the prospective Eagle Ford and Austin Chalk shale formations in the American state of Texas.
Shares in Subiaco-based explorer Resource and Investment have closed higher on the back of strong drilling results at the company's Grosvenor copper-gold project in the Bryah Basin.
