ASX-listed companies have detailed roughly $2 billion in JobKeeper payments spanning the last two financial years, with only a handful making voluntary repayments.
Confirmation of Santos and Beach Energy's $220 million carbon capture and storage project in South Australia has been followed by the swift departure of Beach's chief executive, Matt Kay.
Geraldton-based Garla Barna Civil & Mining has been subcontracted by engineering and construction giant Clough for work on the Waitsia gas field in the Perth Basin.
Our board moves wrap includes Margaret Hall, Paul Say, Shannan Bamforth, Phil Thick, Stuart Tarrant, Barry Woodhouse, Nick Marinelli, Natasha Santi, and Ryan Woodhouse.
Seven Group-backed Beach Energy has downgraded its full-year production and earnings targets along with its Western Flank oil reserves, sending shares in both companies down.
The state government has disclosed that nearly all gas from the onshore Waitsia project will be exported, at least for the initial six years of production.
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.
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.
As the big offshore gas projects planned for WA's north face more delays and uncertainty, the prospects for developing onshore gas fields in the Perth Basin get better.
Beach Energy said its earnings and oil production will be slightly below previous full-year guidance due to the impact of the coronavirus pandemic and low oil prices.
Strike Energy has signed an agreement with ASX-listed Talon Petroleum, which will begin drilling the Walyering appraisal well in the Perth basin next year.
Our weekly appointments wrap includes Alan Langford, Robert Carlile, Ian Grant, Andrea Hoskins, Barry Hartnett, Travis Harvey, Michael Milne and Austin Devaney.
Seven Group Holdings has withdrawn its market guidance on the back of falling advertising revenue and declining oil prices, on the same day that Seven West Media criticised a report it was entertaining a prospective sale of West Australian Newspapers Holdings.
The Australian share market has shaken off a weak lead from Wall Street to rise early as government prepares to announce further economic support measures for businesses amid the COVID-19 pandemic.
Flow tests from the deepest well ever drilled in Australia are expected within days, but it has already refocused attention on the oil and gas industry in the Perth basin.
Seven Group Holdings has reported a 40 per cent surge in full-year underlying earnings but a $291 million write-down in the value of its media business, which hit its bottom line.
SPECIAL REPORT: Four prospective domestic gas projects will be key to ensuring adequate supply in WA in the next decade, despite new facilities recently starting up.
Opinion: Investment bank Credit Suisse says there could be a new micro-LNG train getting ready to roll in WA, and smaller players such as Beach Energy could be in the driver's seat.
Mining services contractor Ausdrill has continued its board renewal, including the appointment of its first female director, just weeks after company founder Ron Sayers retired.
Japanese group Mitsui & Co has begun the compulsory acquisition process of Waitsia gas field operator AWE, after increasing its stake in the oil and gas company above the 90 per cent threshold last week.
Outgoing Synergy chairman Lyndon Rowe said today he was disappointed he could not continue at the energy utility after the state government announced oil and gas executive Rob Cole would take the role.
Kerry Stokes-backed Beach Energy has agreed to buy Origin Energy's conventional oil and gas business Lattice Energy, which has a major stake in two operations in the Perth Basin, for nearly $1.6 billion.
The United States Associated Press has called the presidential election for Republican candidate Donald Trump, after he won swing states Ohio and Florida and pulled bricks out of Hillary Clinton's rust belt blue wall, pushing WA gold stocks well up and causing volatility across financial markets.
