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Energy

Woodside signs deal with space agency

Woodside Energy and the Australian Space Agency (ASA) have signed a statement of strategic intent and cooperation, which is aimed at promoting technology transfer between the space sector and the oil and gas industry.

Inflection point for transport

OPINION: Emissions concerns are one factor driving change in the car industry, but the transport habits of a changing demographic are also in play.

RCR’s secured creditors may only get 30%

RCR Tomlinson’s secured creditors may only receive around $70.6 million of the $230 million they are owed, and its unsecured trade creditors are likely to receive none of the $170.6 million they are owed, as administrators McGrathNicol recommended the failed engineering firm be liquidated.

Mooney throws Carnegie a lifeline

Carnegie Clean Energy company secretary and non-executive director Grant Mooney has agreed to help fund the company’s operations, while administrators KordaMentha attempt to recapitalise its core wave energy business.

Carnegie enters administration

Carnegie Clean Energy has gone into voluntary administration, three days after the state government withdrew funding for its Albany Wave project.

UGL wins $190m Woodside contract

CIMIC Group subsidiary UGL and joint venture partner Cape plc have secured works at Woodside Petroleum’s Karratha gas plant.

Uncertainty hangs over Browse, Scarborough emissions

Woodside Petroleum has warned it would need to ramp down production at the Burrup Hub in the mid 2020s if the state government does not land on an emissions policy that would support the company’s $46 billion of backfill projects.

Chevron picks Aker for Jansz-Io design work

A second major project to backfill gas into the Gorgon LNG plant on Barrow Island is on the horizon, with Chevron appointing Norway-based Aker Solutions for front end engineering and design work on the Jansz-Io compression project.

Govt terminates $13.1m of Carnegie funding

The state government has ceased its funding agreement with Carnegie Clean Energy for its Albany wave project, a week after the company reported a net loss of $45 million for the half year.

Work starts on $700m Kwinana waste facility

Construction has commenced on Australia’s first thermal waste-to-energy facility, located in Kwinana, which is expected to lead to 860 jobs.

WA govt rejects EPA carbon neutral advice

A recommendation by Western Australia's environmental watchdog that new emissions-intensive projects should be carbon neutral has swiftly been rejected by the state government.

EPA recommends carbon emissions crackdown

The Environmental Protection Authority has recommended that operators of future major projects in Western Australia pay to offset their carbon emissions, in order to help Australia meet its climate change obligations.

Decmil wins $72m Warradarge contract

Decmil Group has secured a $72 million contract for balance-of-plant works at the 180-megawatt Warradarge wind farm.

Carnegie first-half losses up nearly 400%

Carnegie Clean Energy has reported a net loss of $45 million for the half year, largely due to a write-down to the value of its intellectual property.

Wheatstone domgas gets pumping

Chevron has announced its Wheatstone domestic gas plant is ready to begin regular supply, two months after successful test flows into the market and two years after the first LNG shipment.

Regional power rollout moves to Esperance

The state government has continued its rollout of off-grid renewable systems, with Perth-based CPS National set to install micro power systems in the Esperance region.

Carnegie suspended from ASX

The cash-strapped company that received Western Australian government funds despite not meeting milestones attached to a wave power project has been suspended from trading on the Australian stock exchange for failing to lodge its half-year financial report.

Technology focus for Johnston’s power plans

The federal government should offer Western Australia funding for power storage projects in proportion to its spending in the east, Energy Minister Bill Johnston says, while moves to introduce reserve capacity auctions and retail contestability locally are off his agenda.

Paladin approves Langer Heinrich study

Paladin Energy is preparing for a recovery in the uranium market, approving a prefeasibility study to evaluate restarting its Langer Heinrich mine in Namibia.

Zenith profit falls 65%, Pacific's up 76%

Zenith Energy has reported a substantial decrease in first-half profit as it undergoes a transition, a week after local rival Pacific Energy delivered strong half-year results.

Alinta approves $400m wind farm

Alinta Energy has given the green light to the $400 million Yandin wind farm development north of Perth, with the company saying it will dial down production from its gas portfolio to make room for the new capacity.

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