Apache Corporation and Kuwait Foreign Petroleum Exploration Co have teamed up with Chevron over the $25 billion Wheatstone gas project, leaving Woodside Petroleum to look elsewhere for extra gas supply sources for its Pluto expansion.
Red Fork Energy expects to make an additional $1 million each year in revenue after it struck a deal with a US company to market gas from its Pawnee prospect.
Shares in Sandfire Resources climbed higher today after exploration work pointed to a new discovery at its Doolgunna copper-gold project, 150 kilometres from Meekatharra.
Joint venture partners Nido Petroleum and Kairiki Energy have sold a combined 15 per cent interest in the Tindalo oil project in the Philippines to international commodities trader, Trafigura, for $12.7 million.
BHP Billiton chairman Don Argus says Australia needs policies to ensure foreigners do not squeeze out locals to invest in the country's natural resources.
Galaxy Resources says it will award a key contract for its Jiangsu lithium processing facility after today revealing a slight increase in the operation's capital cost estimate of $55 million.
South Korea's Hyundai Heavy Industries and GE Oil and Gas have been awarded a collective $2.46 billion worth of work on the Gorgon gas project, taking the total amount of contracts awarded to just under $9.5 billion.
Environmental bonds for the state's mining industry will remain unchanged until the end of next year, as the government extends the existing moratorium to help miners weather the global economic crises.
Shares in Po Valley Energy closed higher today as it began commissioning its first gas field in Italy, with first gas sales expected by the end of the year.
Shares in Breakaway Resources have not been affected in trading today after announcing it will recommence drilling at it's Scotia Nickel mine project, located 70 kilometres northwest of Kalgoorlie, by early November.
Asset impairments and one-off items totalling $52.2 million substantially impacted Territory Resources' bottom line with the iron ore miner reporting a full-year loss of $71.4 million.
Shares in Moly Mines surged higher today after the company last night announced a $US700 million deal with privately-owned Chinese company Hanlong Mining Investment for its flagship Spinifex Ridge molybdenum project in the Pilbara.
The cost of developing the PNG LNG project, which is competing with Western Australian gas projects for customers and resources, has lifted by 20 per cent to US$15 billion (A$16.7 billion).
South Perth-based Central Petroleum says it will launch proceedings against joint venture partner Petroleum Exploration Australia after the latter failed to execute a key contract condition after Red Sky Energy joined as a partner.
The awarding of contracts for the massive Gorgon gas project is gathering pace with operator Chevron so far handing out about $7 billion worth of work, including the latest $810 million contract to Dutch group Boskalis.
Hannans Reward managing director Damian Hicks will go ahead with the listing of his other company, Scandinavian Resources, which will launch its $6.5 million initial public offer next month.
Lynas Corporation has selected United Group as its lead engineering contractor for its Mt Weld rare earths project in WA, after previous ongoing delays forced then contractor, Ranhill WorleyParsons, to demobilise its resources.
Sam Walsh has been appointed as chief executive of Rio Tinto's Australia operations and will maintain his position in the iron ore division, as the global mining company reshuffles its organisational structure.
Australia's largest provider of contracted air services, Cobham Aviation Services Australia will begin regular direct public flights between Kambalda and Perth next Monday.
Troy Resources' dissident director John Jones has returned fire in an increasingly heated boardroom battle as the company sets a date for the shareholders to decide which directors stay or go.
The administrators of View Resources say they will liquidate the former gold miner as the $16 million from the sale of its Bronzewing mine is used to partly repay a secured loan facility.
The Foreign Investment Review Board has given the greenlight to a $10.5 million investment by a Chinese company into Meridian Minerals, which will apply the funds to its Lennard Shelf zinc project in the Kimberley.
Epsilon Energy has entered into a binding deal to acquire the outstanding shares in private Canadian outfit Takatu Minerals, which holds prospective gold and uranium projects in South America, in an all-scrip deal valued at more than $9 million.
Mining services company Mineral Resources has reached an agreement with Gina Rinehart's Hancock Prospecting for the start of operations at the Nicholas Downs manganese mine from March next year.
GRD Minproc, a subsidiary of Perth-based engineering company GRD, has been awarded the definitive feasibility study contract by Kentor Gold for its Andash gold-copper project in the Kyrgyz Replublic.
The takeover battle for South Perth-based Rocklands Richfield is heating up, with first bidder Jindal Steel and Power boosting its shareholding through a $2.8 million on-market purchase.
