Caltex Australia says it has been approached by a number of parties about a potential acquisition, but so far the only formal takeover offer it has received is the one made in November by a Canadian retail chain.
A $180 million project to house up to 2,500 fly-in, fly-out workers for the expansion of Woodside Petroleum's Pluto LNG plant was approved by the local joint development assessment panel in December.
Oil prices fell almost one per cent overnight, surrendering some recent gains as investors reconsidered the likelihood of immediate supply disruptions in the Middle East after the United States killed an Iranian military commander last week.
Gold prices inched higher overnight, having earlier retreated from the previous session's almost seven-year high as fears of a larger Middle East conflict following the US killing of a top Iranian general eased.
Insurers have promised to act quickly on claims made by bushfire victims, with companies told to prioritise local tradespeople when they start paying out for rebuilds.
Perth companies Emerald Clinics and Little Green Pharma are seeking to raise up to $18 million ahead of stock market listings as they pursue very different strategies in the medicinal cannabis market.
The Australian share market has enjoyed its best day in three weeks, with every sector gaining as weak economic data was seen to boost the odds of a February cash rate cut.
Andrew Forrest’s agricultural investment vehicle Harvest Road Group has taken a major step towards building Western Australia’s biggest cattle feeding facility, with plans recently lodged for approval by planning authorities.
PharmAust subsidiary Epichem has significantly revised its forecast revenue following the announcement one of its major customers would end its contract with the company next month.
Construction companies EMCO Building, Georgiou Group and Universal Constructions are among five businesses to have been awarded significant contracts from the state government over the past month.
Flinders Mines says it has identified a viable mine plan for its Pilbara iron ore project (PIOP), ahead of a crucial shareholder meeting to approve a joint venture with infrastructure company BBI Group.
A fire at a Cleanaway-owned waste management facility in Kwinana, operated by its subsidiary Tox Free Solutions, has been contained after emitting dangerous smoke and disrupting access to neighbouring businesses this morning.
Oil prices have edged higher, after Brent rose above $US70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions after a US air strike killed an Iranian military commander.
Australia has edged out Qatar to become the world’s largest exporter of liquefied natural gas (LNG) on an annualised basis, according to national consultancy Energy Quest.
The ASX has bounced back from its early losses to close slightly higher, powered by strong gains by goldminers and oil producers as both commodities moved higher amid tension in the Middle East.
New vehicle sales in Western Australia fell 2 per cent last month and 5.4 per cent during 2019, with national sales crashing to their lowest since 2011.
Contractor Sodexo will exit a loss-making contract running Melaleuca female prison in April, about four years after the facility opened, following a December agreement for the government to take over operations.
The Australian Securities and Investments Commission has banned Wayne Blazejczyk from providing financial services for five years, saying the Perth adviser had failed to meet best interest obligati
House prices in Perth were steady in December, with days on market reducing and listings also falling, while the rental market has continued to exhibit improved conditions for landlords.
About $1.9 billion will be split between the Insurance Commission of Western Australia and other creditors of Bell Group when a settlement deal, signed in December, comes into effect later this year.
NRW Holdings has been awarded works at Fortescue Metals Group’s Eliwana iron ore mine and rail project in the Pilbara under an infrastructure contract valued around $138 million, announced last month.
Tourism Minister Paul Papalia announced a series of marketing campaigns with tourism operators in Germany, Switzerland and the UK in December as part of the state government’s $12 million marketing campaign targeting European tourists.
Construction of Western Australia’s second large scale waste-to-energy project will begin this month near Rockingham after the development consortium reached financial close just before Christmas.
A property developer listed in Singapore has put forward a $290 million proposal to redevelop the Four Points by Sheraton Hotel and build two new towers containing apartments and offices on adjoining blocks.
