Shell has taken Woodside Energy and Paladin Resources to court over another clean-up bill to decommission Northern Endeavour, claiming $83 million in compensation.
A subsidiary company holding a 10 per cent stake in the Shell-led Prelude LNG project recorded a $58.3 million impairment on its stake in the asset last year.
The government contracts will provide a big boost to renewable power in the South West but there is debate over how much the projects will help to replace coal-fired power.
Woodside Energy's acting CEO has weighed in on the process of replacing former boss Meg O'Neill, as the company reported a 24 per cent year-on-year profit drop.
Oil and gas supermajor Shell will reduce occupied floor space at its Perth headquarters by 40 per cent over the next year, consolidating its tenancy at Shell House from 10 floors to six.
The 10 per cent owner of the Shell-operated Prelude floating LNG platform off Western Australia's coast has reported a $77 million profit from the operation.
Premier Roger Cook has highlighted the need to incentivise investment in the state while playing down the findings an Australia Institute report targeting the lack of royalties paid on LNG in WA.
Shell Australia has launched legal action against Woodside Energy and Paladin Resources, claiming a $86.6 million compensation for the levy it paid over the Northern Endeavour.
The 10 per cent owner of the Shell-operated Prelude floating LNG project reported a post-tax loss of $US3.4 million ($5.2 million) in 2023, despite gross profit of almost $US76 million.
Premier Roger Cook has told WA parliament that the state's gas supply is secure, despite the looming threat of strike action at offshore platforms operated by major producers.
Shell Australia's Prelude project has caught the attention of the national offshore energy regulator, after a process was found to have put staff at risk of explosion or fire during an inspection in December.
The Greens will back Labor's safeguard mechanism laws after a deal was struck, creating new hurdles for oil and gas projects but helping manufacturers.
As criticism of the government's energy market intervention settles, Madeleine King is focused on pushing Australian resources to the fore of the global energy transition.
Our weekly appointments wrap includes Simona Chady, Anna Reece, Iain Grandage, Dan McAulley, Donna Nelson, Sandra Eades, Mike Nelson, Paul Laybourne, Lance Malone and Mark Ritter.
A Woodside-led cohort of oil and gas majors has been granted a permit to evaluate the potential of turning a depleted gas field off the coast of Dampier into a carbon capture and storage project .
Operations on Shell's Prelude FLNG facility are expected to resume after weeks of industrial action, with the energy giant agreeing to union demands for pay rises and better job security.
Shell has been forced to halt production on its Prelude FLNG facility amid escalating industrial action, with the energy giant set to enter peace talks with union officials as early as tomorrow.
BHP has welcomed MV Mount Tourmaline to its fleet, the world's first LNG-fuelled Newcastlemax bulk carrier which will start transporting iron ore between Western Australia and Asia this year.
A restart on Shell's Prelude floating LNG vessel is still some time away, Shell chief executive Ben van Beurden said, with the pandemic making workforce movements more difficult.
The state government and Shell Australia have penned a deal to supply and install boiler training equipment at South Metropolitan TAFE's Munster facility.
Advisers have been appointed for a potential sale of Seven Group's share of the Crux LNG project, managing director Ryan Stokes has said, while flagging deals around Coates and WesTrac.
