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Energy

BHP chair cautions activist shareholders

New BHP Billiton chairman Ken MacKenzie has backed his chief executive's performance and cautioned activist shareholders that the board will ultimately determine the company's direction.

Woodside production, revenue falls

Energy giant Woodside Petroleum has posted a fall in third-quarter production following scheduled maintenance and a lower share of pipeline gas from the North West Shelf.

Origin to launch in west today, deepening price war

Sydney-based energy provider Origin Energy will launch in the Western Australian retail gas market today, 10 months after Business News revealed the company would be the fourth business to supply domestic gas in the state.

BHP iron ore, petroleum output dips

BHP Billiton has reaffirmed its full-year production guidance for all its commodities despite posting softer quarterly production for iron ore and copper.

Fed energy change creates a new reality in the west

Western Australian Energy Minister Ben Wyatt has opened the door for a potential state-based renewables target after the federal government confirmed a major change in energy policy today.

Elixir in Golden buy

Perth-based explorer Elixir Petroleum has entered into an agreement to acquire a Mongolia-focused coal seam gas business in an all-scrip deal worth about $4 million.

Exports grow as Chevron, Roy Hill ramp-up

SPECIAL REPORT: Roy Hill Holdings and Chevon have joined the likes of Rio Tinto, BHP, Woodside and CBH Group in an updated ranking of WA’s largest exporters in the BNiQ Search Engine.

Lithium projects progress ahead of $4bn sales surge

SPECIAL REPORT: Ten lithium projects under construction or in advanced planning to bring new lithium supply onto the market will dramatically boost exports of the commodity in coming years.

Chevron withdraws bight drill plan

Oil giant Chevron has shelved a $400 million plan to drill in the Great Australian Bight.

Carnegie recruits Stinson as chairman

Former Orbital Corporation boss Terry Stinson will join the board of Carnegie Wave Energy next month and succeed Jeff Harding as chairman, while Mark Woodall will also join the board of the renewables company.

WA power supplier employee charged

An employee and a contractor of state government-owned energy supplier Horizon Power have each been charged following an investigation by the state's corruption watchdog into allegations of serious misconduct.

Miners turn on power opportunities

More mining projects on the horizon and a move towards outsourcing generation is creating work for power contractors.

Cole appointed Synergy chair

Outgoing Synergy chairman Lyndon Rowe said today he was disappointed he could not continue at the energy utility after the state government announced oil and gas executive Rob Cole would take the role.

Carnegie signs funding deal with Asymmetric

Carnegie Clean Energy has secured a $7.5 million debt facility with a Cottesloe-based investment group to assist with development of a 10-megawatt solar power station in Northam.

Wheatstone begins producing LNG

The joint venture partners of the Wheatstone LNG facility near Onslow have hailed first production, with the first of two gas processing trains coming online today.

$31m for Albany wave farm

Carnegie Clean Energy has secured $16 million of state government funding for a wave energy project at Albany while also gaining conditional approval from the federal government to transfer nearly $12 million earmarked for its Garden Island project to Albany.

Chevron, Woodside buy offshore blocks

Energy giants Chevron Australia and Woodside Petroleum have jointly acquired three exploration tenements offshore Western Australia from the government for an undisclosed sum.

ACCC delays call on BP, Woolies fuel deal

The competition watchdog has delayed its decision on BP's $1.8 billion acquisition of more than 500 service stations owned by Woolworths.

Resources sales up, investment down in WA

The state’s resources industry achieved higher sales in the 2017 financial year at $105 billion, but investment in the sector has fallen to $22 billion according to new data.

Empire Oil & Gas into administration

Local energy producer Empire Oil & Gas has entered voluntary administration today, two weeks after receivers took control of subsidiary Empire Oil, which operates the company’s key Perth Basin assets.

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