Downer has added $750 million to its forward work books after signing a 15-year maximum term agreement with Chevron for maintenance and support services.
Chevron made its first payments under the Petroleum Resource Rent Tax in August, the latest in a long-running debate over industry's obligations which triggered a policy reform last year.
The mining sector paid more tax than all other sectors combined for a third consecutive year, led by iron ore heavyweights Rio Tinto and BHP with their multi-billion-dollar tax bills for 2023-24.
Mineral Resources has had its request to obtain the state development agreement between Pilbara Ports and Chevron slapped down, as a trial nears over levies the state says the miner owes.
Counsel for Pilbara Ports and Mineral Resources will go head-to-head in a scheduled trial, as the parties dispute a $5 million debt claim that has allegedly escalated to $14 million.
A Curtin University-operated hub, partly funded by the state government's $40 million agreement with Chevron, is set to support major projects aimed to decarbonise the state.
Decommissioning Chevron's oilfields on Barrow Island is expected cost more than $2.3 billion, with state and federal governments thought to be on the hook for at least $500 million of the bill.
Chevron Australia has started a round of redundancies, as it delivers on a mandate from US-based parent company Chevron Corporation to cut its global workforce by up to 20 per cent.
WA Labor's third successive election victory has resulted in a significant financial windfall, with almost $800,000 worth of donations, levies and fees flowing into its coffers since March 8.
The state's environment watchdog has recommended greater independence for the panels advising Chevron and the state on turtle and quarantine management at the Gorgon gas project.
Mineral Resources has hit out over a levy agreement between Chevron and the Pilbara Ports Authority, as the state pursues $5 million it claims it's owed by the embattled miner.
Chevron Australia has returned more than $8 billion to its US parent company since the beginning of last calendar year, after generating $8.3 billion in profit over the course of 2024.
Senior Western Australia gas executives have warned a growing list of policy demands is souring the oil and gas industry's appetite to invest in Australia.
Some of Australia's largest gas producers have warned they may invest elsewhere in light of ongoing delays in project approvals and social licence challenges.
Chevron Australia director of operations Danny Woodall says Australia is in an international race for investment, as the company reviews its global operating model.
Chevron has announced a suite of leadership changes including Balaji Krishnamurthy moving from its technical center in Houston to become president of its Australian operations.
Hancock Prospecting spent $500,000 on donations to arms of the Liberal Party last financial year, in search of a government "more attuned to Australians".
Woodside Energy has submitted a carbon capture plan covering its proposed Browse joint venture project to federal regulators, with the hope of addressing emissions from the gas field.
Woodside and Chevron have agreed to an asset swap which will shake up gas project ownership in WA, with parts of the North West Shelf and Wheatstone projects and $644 million to change hands.
A Chevron-led joint venture has been awarded a greenhouse gas assessment permit next to Barrow Island, where the company operates the Gorgon carbon capture project.
Chevron will supply 130 petajoules of gas over 10 years from 2028 to fuel Alcoa's Western Australian alumina refineries, in a boost for the latter's operational certainty.
The federal government will look to support the offshore decommissioning industry with the launch of its new Offshore Resources Decommissioning Roadmap.
LNG producer Chevron has tipped more than $68 million into a state government desalination plant at Onslow, as part of a state development agreement over its Wheatstone project.
Chevron and Woodside have secured a greenhouse gas assessment permit off the WA coast, as the pair explore selling carbon capture as a product to industrial users.
