Chevron Australia and the state government have signed a landmark deal to boost residential development in Onslow, near Chevron’s $29 billion Wheatstone liquefied natural gas project.
Gold and silver futures have dropped as investors come to grips with the prospect of continued stimulus reduction by the Federal Reserve in the wake of better-than-expected US employment data.
Chevron is well known as the company behind two of Australia’s largest resources projects, but today the oil and gas giant released data indicating it is also one of the country’s biggest inve
New Standard Energy has reported a profit of $1.2 million for the half financial year ended December 31, with an income tax benefit helping shift its performance back into the black.
Western Australia’s mineral and petroleum sector grew 15 per cent in value last year, after a weaker Australian dollar and greater sales helped counteract falls in some commodity prices.
Engineering firm Downer EDI has won a $70 million contract to perform structural, mechanical, piping and electrical work at the Technical Ammonium Nitrate Plant project on the Burrup Peninsula in Western Australia.
FairStar Resources has cancelled its $260 million joint venture which would have provided 80 per cent of the required funding for its Steeple Hill iron ore mine in the eastern Goldfields, while at the same time announcing an alternative deal that will pay for the project's rail infrastructure.
Flinders Mines has announced plans to raise $14.3 million through a share placement and entitlement offer to fund a bankable feasibility study and further exploration on its Pilbara iron ore project.
Former Labor minister Martin Ferguson has heralded floating liquefied natural gas as the wave of the future, urging the Western Australian government to work with developers like Shell, Woodside Petroleum, ExxonMobil and BHP Billiton.
Woodside Petroleum has signed a sales and purchase agreement with Korea Gas Corporation for up to 2.2 million tonnes of liquefied natural gas over three years.
Southern Cross Electrical Engineering has been awarded a $40 million contract for further electrical and instrumentation works at Rio Tinto’s Cape Lambert Port B project.
Welshpool-based contractor MACA has launched a $59 million capital raising and paid out a special dividend to shareholders on top of last week's interim dividend.
Gold futures have risen after Federal Reserve Chair Janet Yellen said recent data have pointed to softness in the US economy, increasing demand for the precious metal as an alternative investment.
Silver Lake Resources will place its Murchison gold operations on care and maintenance later this year, saying the project is no longer sustainable at the current gold price.
Earthmoving and mining equipment supplier Emeco Holdings is looking to shore up its balance sheet in the wake of a $180 million half-year loss, announcing a plan to raise up to $US360 million throu
Seven Group Holdings has lodged a 42 per cent reduction in revenue for the first half of the 2014 financial year, as a difficult and challenging market for its industrial services divisions took it
Independence Group has provided some rare positive half-year results in the gold and nickel sectors, reporting a 30 per cent lift in net profit and lifting its interim dividend.
A joint venture between engineering firms UGL and Kentz has been awarded a $US640 million contract for construction work at Inpex's Ichthys liquefied natural gas project.
