Developers across Perth's CBD are positioning themselves to ride the city's next wave of office development, with options for tenants with large space requirements becoming scarce despite an overall vacancy rate of 18.5 per cent.
Scitech has today renewed three partnerships with major organisations – Chevron Australia, Alcoa of Australia and Mitsui Iron Ore Development – to support delivery of its science, technology, engineering and maths programs.
Exports from Western Australia increased by 17.7 per cent to a record $144.8 billion in 2018, underpinning a strong improvement in the nation's overall trade performance.
Perth's next wave of CBD developments is taking shape, with Brookfield Property Partners' plans to add an 8-storey office tower to a redeveloped Elizabeth Quay busport approved this week, and its $360 million riverside headquarters for Chevron also understood to have gotten the nod from planning authorities.
Woodside Petroleum's Browse and Scarborough LNG developments are the biggest of $95 billion of major projects under way or likely in Western Australia, with 96 ongoing and a further 68 probable.
The cost of building the Ichthys LNG project has blown out again, with French group Total saying it has increased by $US5 billion to $US45 billion, but project operator Inpex is disputing the extent of the increase.
Alumina producer Alcoa of Australia has signed three supply deals with BHP Group, Woodside Petroleum and Chevron to provide about 23 petajoules of gas between them annually from 2020 for its Western Australian refineries.
ANNIVERSARY SPECIAL: Foreign investment, free trade and a skilled workforce have helped WA tap its enormous oil and gas reserves, to the benefit of the entire country. This article is part of a special series to mark Business News' 25-year anniversary.
Woodside Petroleum has urged governments across Australia to back its ambitious growth projects, which include $30 billion on LNG projects along with development of industrial-scale hydrogen power.
ANNIVERSARY SPECIAL: The growth in household disposable income provides a graphic illustration of the effect of 25 years of technological change and investment in WA. This article is part of a special series to mark Business News' 25-year anniversary.
Gas is flowing at Woodside Petroleum's Greater Western Flank-2 project, an extension of the North West Shelf Venture, with the company saying costs came in 30 per cent under budget.
SPECIAL REPORT: Gold Corporation, Alcoa, Roy Hill and Chevron have all posted higher revenue numbers in Business News' annual analysis of WA's biggest exporters.
Woodside Petroleum has reported around a 25 per cent jump in third-quarter revenue, underpinned by rising output at the Wheatstone liquefied natural gas project and higher oil and LNG prices.
Chevron Australia has given the green light to a purpose-built tower at Elizabeth Quay, lodging a development application for a 30-level building for lot seven of the precinct.
Chevron's Clio and Acme gas fields could provide backfill supply for an existing LNG plant, most likely North West Shelf Venture's Karratha facility, under a plan to be unveiled by the company's Australian managing director Nigel Hearne this afternoon.
Woodside Petroleum has further fleshed out its plans for the Scarborough and Browse LNG developments, as it reported a 6.7 per cent lift in half yearly profit.
Nearly 140 major projects are either under way or planned for WA, new research by Business News has found. Click through to access the new list on the BNiQ Search Engine.
The board of APA Group has accepted a $12.98 billion takeover offer from a consortium led by Hong Kong's CK Infrastructure (CKI), in a deal that will see major gas pipelines in WA sold to a new owner.
States and territories have signed up to the federal government's proposed National Energy Guarantee today, and it will have a big impact on Western Australian industry despite the state not being part of the National Electricity Market.
Belmont-based remote power provider Zenith Energy has won a contract to provide a 20 megawatt power station at Chevron's oil operations on Barrow Island.
A doubling of production at Chevron's Gorgon LNG plant has helped boost national exports of the fuel 38 per cent to $30.8 billion in the year to June 2018, according to consultancy Energy Quest.
WorleyParsons has been awarded a contract extension for engineering services at Chevron's Gorgon and Wheatsone LNG projects, while NRW Holdings has received a $93 million extension to its Stanmore Coal contract.
Chevron has today announced that the second processing train at its Wheatstone project in the Pilbara has started production of liquefied natural gas, meaning all five trains at its two giant Western Australian projects are now in production.
A renewed activist focus on the carbon sequestration efforts on Barrow Island is, like many populist arguments these days, abusing language to stir up emotions.
Chevron Australia managing director Nigel Hearne has proposed a major shift in the development of WA's offshore gas reserves, suggesting the industry should collaborate to build a multi-user pipeline to be shared by multiple LNG producers.
Opinion: The current banking royal commission and global shift to downsizing are raising questions as to whether any institution or business is too big to fail, or at least be broken up.
Consulting group Energy Quest has cast doubt over the long-held expectation that Australia will overtake Qatar as the world's largest LNG producer, in part because of the anticipated decline in production at Woodside Petroleum's North West Shelf project.
Chevron's decision to build stage two of the Gorgon LNG project, announced on the weekend, takes the total value of petroleum industry investment committed or under construction in Western Australia to around $55 billion, according to state government data.
A not-for-profit group established and chaired by retiring Governor Kerry Sanderson has attracted strong corporate support in its mission to improve our state's parks.
Rio Tinto has co-hosted 21 of the state's major companies at Scitech to announce further details on its partnership with South Metropolitan Tafe, with high-tech courses in automation expected to be rolled out in 2019.
