Australia's petroleum tax system will fail to raise much revenue, yet big producers won't be earning big profits either, according to oil industry consultant Juan Carlos Boue.
Edith Cowan University's Rob Newton and Curtin University's Phil Bland were named joint winners of the scientist of the year award at last night's Premier's Science Awards.
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.
The $2 billion carbon capture and storage facility at Chevron's Gorgon LNG plant has entered operation, more than three years after first gas was shipped from Barrow Island.
Worsley Alumina has locked in gas supply deals with Chevron and Woodside Petroleum today, as Santos chief executive Kevin Gallagher warns of a looming price spike.
Australia exported 75.1 million tonnes of LNG in the 2019 financial year, 21.2 per cent higher than the previous fiscal year prior, and is expected to become the largest LNG producer in the world this financial year.
Aboriginal-owned Redspear Safety and UK-based Safehouse launched new business called Safespear on Tuesday night, a safety services company chaired by Redspear's Barry McGuire.
Western Australians are putting their bodies on the line to provide vital funds for some of the state's most active medical charities and research organisations.
Chevron has started the second stage of its Gorgon drilling campaign, which will create 11 new wells at the $5 billion project on Western Australia's north-west coast.
Construction of Perth's next premium grade office tower will commence in the middle of next year at Elizabeth Quay after Brookfield Properties and Chevron signed a 15-year sale-and-leaseback deal today.
Woodside Petroleum and Chevron have applied for a new licence for their Kitimat LNG plant in northern British Columbia that could nearly double the project's size to produce 18 million tonnes per annum (mtpa).
SPECIAL REPORT: Major new engineering contracts show momentum is building for $60 billion of oil and gas projects in WA, but the issue of carbon policy has once again created an obstacle.
A second major project to backfill gas into the Gorgon LNG plant on Barrow Island is on the horizon, with Chevron appointing Norway-based Aker Solutions for front end engineering and design work on the Jansz-Io compression project.
OPINION: The clash between domestic politics and international climate-change law was on stark display in WA last week as the EPA weighed in with an emissions recommendation.
As International Women's Day is celebrated globally today, the WA Women's Hall of Fame has inducted 15 high achievers into its ranks, including mining executive Bronwyn Barnes and Committee for Perth chief executive Marion Fulker.
Chevron has announced its Wheatstone domestic gas plant is ready to begin regular supply, two months after successful test flows into the market and two years after the first LNG shipment.
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.
