Unions have called to nationalise the shuttering Kwinana refinery as players take sides in a fuel security debate, although most oil processed at the plant is already imported.
Brisbane-headquartered Senex Energy will exit South Australia’s Cooper Basin after more than 20 years, with its assets to be sold to Beach Energy for $87.5 million.
Henderson-based engineering services company Orontide Group has added new capabilities with the acquisition of recently established business Hydrocarbon Solutions.
A Perth business developing autonomous vehicles for subsea surveying has raised £10 million via a spin-off, while Poynton Stavrianou are advising on a further potential deal.
A lower oil price has cut Woodside Petroleum’s revenue by about 40 per cent, but the company is studying to lift planned capacity of its Scarborough LNG project.
The NSW premier insists the controversial Narrabri coal seam gas project went through a robust assessment before it was approved, sparking outrage from locals.
WA gas could be sent east through a pipeline but such a project would need government backing, Peter Coleman said today, while hitting back against Woodside’s environmental critics.
Ora Banda Mining has signed a long-term agreement with Wesfarmers’ liquefied natural gas business to supply power to the Davyhurst goldmine in Western Australia.
The state government has insisted 14-day quarantine rules will be maintained, rebuffing a push by the mining industry for more flexible rules for interstate fly-in, fly-out workers.
The Environmental Protection Authority plans to review the cumulative impact of several developments near Onslow, including a plan for a deepwater jetty for cruise ships.
Oil and gas service provider MMA Offshore has secured $16 million in contract extensions with Woodside Petroleum, which will continue using MMA's vessels.
The shutdown of Shell’s Prelude FLNG since February and planned phased shutdowns at Chevron’s Gorgon could hit LNG exports by about $2 billion this year.
Chevron is planning a phased shutdown of the production trains at its Gorgon LNG plant after striking an agreement with state government safety regulators.
BHP's full-year profit has slipped four per cent and it expects its major revenue earner, iron ore, will have less demand from China and greater competition from Brazil.
Woodside has moved to acquire a majority stake in its Sangomar joint venture, paying $428 million to obtain UK-based explorer Cairn Energy’s interest in the project.
The owners of the giant Waitsia gas field intend to export half the gas rather than reserve it for the domestic market after securing state government approval for their plans.
