Chevron Australia has lost its appeal of a 2015 Federal Court ruling regarding the company's financial and taxation relationship with its US parent, although the company has not ruled out a High Court appeal.
A Chinese consortium is set to take control of the Dampier to Bunbury gas pipeline and several power stations across WA after regulators and shareholders today approved the $7.5 billion takeover of listed company DUET Group.
Woodside Petroleum has engaged contractors to develop concept options for an expansion of the Pluto LNG facility for consideration as early as mid-year, while reporting an 11 per cent drop in March quarter revenue on the back of adverse weather and inventory build up.
The Japanese owners of the Bluewaters Power Station near Collie face the prospect of substantial payments to the energy market operator, after an incident that has put one of its generating units out of service for up to six months.
Oil and gas explorer Transerv Energy is back looking for opportunities overseas after failing to achieve commercial success in Australia, announcing today a $4.9 million farm-in agreement over a producing operation in Canada.
An international hedge fund holding 4.1 per cent of the shares in BHP Billiton's UK-listed stock wants the global miner to scrap its dual listing in Australia and the UK and spin-off its US petroleum business for listing on the New York share market.
Offshore oil & gas: Woodside Petroleum's February launch of a new supply ship that can use liquefied natural gas as a fuel is an early move in what could be a larger focus on driving new market demand.
Special Report- Offshore oil & gas: First gas at the final train of Chevron's Gorgon project and two potential significant Woodside-led brownfields LNG projects are positives for an offshore energy industry under pressure. Click through for four related articles on the sector.