Latest Headlines

Chevron has again claimed the country's largest ever resource deal with a gas sales deal over the Wheatstone project with Tokyo Electric Power Company, estimated at $90 billion.

Galaxy Resources says it $130 million project and plant loan has now been approved after China Development Bank Corporation joined the project finance syndicate led by Austrian bank, Raiffeisen Zentralbank Österreich AG.

Leighton-owned carrier Nextgen Networks has today been announced as the successful tenderer for the federal government's $250 million regional blackspots program, part of the roll-out of the national broadband network.

Shares in Carnegie Wave Energy have dropped after the company said it had raised $3.5 million, the first part of a total $6 million capital raising to fund its first wave energy plant at Garden Island.

Subiaco-based Summit Resources will pay French nuclear company Areva $4.5 million to settle legal action over the uranium marketing rights to the Valhalla/Skal deposit in Mt Isa.

For all the clout that multinationals Chevron and Shell might normally expect to wield, it is clearly Woodside boss Don Voelte who wears the pants when it comes to the Browse LNG venture in the Kimberley.

Cazaly Resources has had to terminate a $4 million capital raising after it received indications that it was unlikely to get the funds.

Woodside chief Don Voelte today welcomed the federal government's strict deadline for moving forward with development of the giant Browse gasfield as "brilliant" and "a shot in the arm" for the people of the Kimberley.

West Perth-based Avalon Minerals plans to raise $6.6 million to fund exploration and feasibility studies at its Viscaria copper project in Sweden.

Three Western Australian boutique hotels have been named among Australia's and New Zealand's top 33 properties in an international travel guide from boutique and luxury hotel specialists, Mr & Mrs Smith.

Progress towards a final investment decision for the $20 billion Wheatstone project is gathering pace with operator Chevron today awarding the offshore component of a key contract to Technip Oceania and WorleyParsons subsidiary, Intecsea.

The partners in the Woodside-led Browse Basin gas project must spend $1.25 billion within the next three years under the terms of a lease renewal offer made by the federal and state governments.

THE state government will defer a mandatory introduction of six-star green-star energy efficiency requirements to new residential building projects for 12 months, following a five-year campaign against the proposed amendments by the Master Builders Associ

THE Diabetes Research Foundation of WA has embarked on a $1.2 million fundraising initiative to finance research designed to tackle the escalating health and financial toll of diabetes in Western Australia.

Despite a certain ambivalence towards the industry, a local restaurateur has staked his claim in Scarborough and Hillarys. Russell Quinn reports.

Premier Colin Barnett was in a good mood at a Chevron function earlier this week, remarking how politics is cyclical.

A WA senator believes local climate evidence contradicts the case for a Carbon Pollution Reduction Scheme.

The change in Liberal Party thinking on an emissions trading scheme constitutes a remarkable about face.

Dick Lester's changing strategy amid fallout from the GFC.

The corporate watchdog seems under-represented in this state.

AN alternative fuel that could help tackle waste oil problems faced at mine sites is being tested and developed in Western Australia.

Liberal Party research points to a declining support base.

The state needs friends for the tough task of making the Pilbara liveable.

The pay packets of top executives at Western Australian companies have been largely unaffected by the global meltdown.

SHARE options are a common part of high-level remuneration packages intended to be powerful incentives for company executives- but they can quickly go 'underwater' when markets tumble.

IF you measure the value of a chief executive by the salary he or she takes and compare it to what heads of similar size companies receive, Andrew Forrest would come out on top in Western Australia year in, year out.

PLANNING Minister John Day has released a new industrial lands strategy with a focus on general and light industry needs for the next 20 years.

BELMONT-BASED construction firm Pindan has responded to a spike in demand for transportable housing by creating a new transportable housing company, Formas Australia.

Local forestry veteran Tony Jack has accused receiver McGrathNicol of using his bid for the collapsed Great Southern timber schemes to find a better deal for the bank creditors at the expense of out-of-pocket investors.

Northbridge-based Impact Minerals plans to raise $5 million through a placement managed by Hartleys, to ramp-up exploration at its Bostwana uranium project.

Brainytoys has called in Bryan Hughes of Pitcher Partners as administrator to the company, ending more than a year of uncertainty surrounding the Perth toy company.

Property developer Aspen Group has secured a new $20.5 million banking facility which will allow it to pay back its short-term debt and create more headroom under an existing senior facility.