Telstra gets offer it can't refuse; Hard man has telco on the ropes; Small harvest in bumper crop; Banks may lift rates before Reserve; Too soon to claim compo: oil body
The momentum in the state's oil and gas sector continued today with construction officially starting on Apache Energy's Devil Creek domestic gas plant near Karratha.
VDM Group's order book has been boosted to $346 million after subsidiary Wylie and Skene was awarded a $14.2 million contract for works on BHP Billiton's Rapid Growth Project 5 in the Pilbara.
Shares in Eden Energy have surged after an Indian tea-plantation company ordered the Perth-based company's dual fuel system that could see diesel use slashed among industries reliant on generator power.
Low interest rates and a more generous government housing grant have failed to lift the rate of new home building, with housing starts in WA falling by a larger than forecast 18.1 per cent in 2008/09.
Perth-based energy specialist Enerji will investigate the potential use of its low-emission cogeneration technology in two of Babcock and Brown Power's power stations.
Perth-based biotechnology outfit BioPharmica plans to seek an initial public offer for its wholly owned subsidiary, Molecular Discovery Systems, which will focus on cancer treatments.
Adelaide-based Toro Energy has raised $40 million to advance its Wiluna uranium project in Western Australia, with first production anticipated in 2012.
Construction to slow after funding slide; Gorgon giant set to power nation into new age; Executives face tougher pay scrutiny; Business raises carbon claim; Hot dollar cools rate expectations
Grain handling and exporting group CBH has changed the way it charges for its services, to accomodate growers who use alternative transport arrangements in the deregulated grains market.
The state's housing market is forecast to grow at a slower rate in 2009/10 than previously projected, as building approvals show slow signs of life, a new report shows.
Australia investors have emerged as one of the most pessimistic compared to other countries, in a new survey of senior fund managers who say the global financial crisis is still not over.
The Domenic Martino-chaired mining and engineering services company ORH has secured a $7.5 million equity and debt deal with Helmsman Funds Management.
Fresh from approving the massive Gorgon gas development, US energy giant Chevron said today that adding two more LNG production trains on environmentally sensitive Barrow Island remained part of the company's long term vision.
The corporate regulator has agreed to settle a class action against Professional Investment Services relating to financial advice it gave to clients over the failed Westpoint Group.
Major resources projects that import capital equipment will have to pass a tougher 'local content' test before they qualify for customs duty concessions on the imported goods.
The state's corruption watchdog has cleared former Labor MP John Bowler of misconduct in relation to disclosing information to lobbyist Julian Grill about Fortescue Metals Group's railway line application.
Engineering construction activity in Western Australia is tipped to slump 20 per cent over the next two years, above that of a national 15 per cent decline, economic forecaster BIS Shrapnel says.
The state's Planning Commission has endorsed the structure plan for the redevelopment of the Cockburn coast, which will attract about 10,000 new residents to the area.
Henderson-based shipbuilder Austal has secured its third commercial contract this year with the design and construction of four passenger ferries valued at $75 million.
The market capitalisation of Western Australia's listed companies have continued their upward trend, adding a further 5.3 per cent in August to be collectively valued at $137.7 billion.
Australia's biggest single resource project has officially been given the go ahead by its joint venture partners, which have stated that the first phase of development will cost $43 billion.
Cape Lambert Iron Ore has emerged with a 46.52 per cent stake in Perth-based Corvette Resources after its takeover offer for the junior explorer closed last week.
Shell ticks $50bn gas project; Middle-East threat to gas boom profits; PM puts poll pressure on Turnbull; Oil rig spilling 400 barrels a day; Bosses call for bigger class sizes.
Fortescue Metals Group has settled its third shipping dispute, today agreeing to pay an upfront $6.1 million to a Greek shipping company which had launched a $US130 million lawsuit against the iron ore miner last year.
Woodside Petroleum and facilities management company Sodexo have been recognised at the Department of Mines and Petroleum's Golden Gecko awards for environmental excellence.
