The Australian share market has come under pressure in early trade as investors take cues from a weak close on Wall Street on Friday and a lack of local drivers.
Royal Dutch Shell has sold its entire shareholding in Woodside Petroleum for $3.5 billion, after strong demand from institutional investors prompted the energy giant to upsize its previously announced sell-down.
The share market has taken its sharpest fall in seven weeks as profit-takers moved in, selling off across the market and dropping the benchmark index back under 6,000 points.
A newly established company led by a group of Perth oil and gas executives aims to become a major supplier to the domestic gas market after buying the offshore Equus gas fields from US company Hess Corporation.
The Australian share market is trading solidly higher at lunchtime, with upbeat overnight sentiment lifting the local markets to near 10-year highs and the S&P/ASX200 to twice breach the key 6,
One of Western Australia's largest resources projects has achieved a major milestone, with the first shipment of LNG from Chevron's Wheatstone project departing to Japan today.
Energy giant Woodside Petroleum has posted a fall in third-quarter production following scheduled maintenance and a lower share of pipeline gas from the North West Shelf.
SPECIAL REPORT: Mitsui & Company, Shell and Itochu Corporation are among a swag of businesses that have made substantial investments in the state's exporting industries over the decades, showing that foreign investors can contribute without directly operating assets.
SPECIAL REPORT: Roy Hill Holdings and Chevon have joined the likes of Rio Tinto, BHP, Woodside and CBH Group in an updated ranking of WA's largest exporters in the BNiQ Search Engine.
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.
The joint venture partners of the Wheatstone LNG facility near Onslow have hailed first production, with the first of two gas processing trains coming online today.
Energy giants Chevron Australia and Woodside Petroleum have jointly acquired three exploration tenements offshore Western Australia from the government for an undisclosed sum.
Perth-based Monadelphous Group has won a suite of new contracts and extensions for maintenance and construction work around Australia and internationally, to the tune of $220 million.
The City of Karratha has strongly opposed Woodside Petroleum's plans for a 700-bed fly-in, fly-out camp, but the final decision rests with Planning and Lands Minister Rita Saffioti, who is playing her cards close to her chest.
Woodside Petroleum chief executive Peter Coleman said today that changes to the ownership of the North West Shelf Venture would be a natural progression as it became an infrastructure asset servicing offshore gas fields.
Some of the North West Shelf Venture partners might either sell their stake in the operation or take an equity interest in potential projects such as Browse as one potential solution to find backfill liquids for Karratha gas plant in the next decade, according to a report by Wood Mackenzie.
Harvey Millar and Christobel Saunders have been jointly named scientist of the year at the Premier's Science Awards for 2017, winning the approval of a judging panel led by Western Australia's chief scientist, Peter Klinken.
A new $62 million research centre at UWA plans to advance solutions for the management, sustainability and conservation of marine resources via tie-ups between scientists and industry.
Chevron's Gorgon project has shaken off last year's teething issues to ship at an above-capacity run rate in July, exporting 1.4 million tonnes of LNG in the month, according to the latest data from consultancy Energy Quest.
Woodside Petroleum is hoping to win state government backing for a new 700-bed fly-in, fly-out camp at Karratha, after selecting a consortium led by Multiplex and Compass Group to build, own and operate the facility.
Six months after shutting down specialist oil and gas advisory firm Miro Advisers, Tim Woodall has joined the board of Melbourne-based explorer and producer FAR as a non-executive director.
SPECIAL REPORT: A focus on creating and sustaining a liveable, connected and internationally appealing city is driving arts and culture development and construction projects across Perth.
Two Western Australian businesses have been recognised for their achievements in the subsea engineering sector at the 2017 Subsea Energy Australia awards.
Despite staring down a looming vacancy in one of its largest assets, Dexus says there is a lot to like about the fundamentals of Perth's office market.
Business needs to be unshackled from red tape to compete with technology, while lower tax would boost wages growth, Richard Goyder told today's Success & Leadership breakfast.
