Stochastic to be sold by receivers

Oil and gas software developer Stochastic Simulation is expected to be put up for sale, two weeks after it was put into receivership. 

Court rejects power station claim

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.

Transerv buys into Canadian gas operation

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.

Gas demand a blue sky opportunity for Woodside

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.

Oil price albatross weighs on marine logistics players

Offshore oil & gas: The marine logistics sector is yet to significantly rebound from the lower oil prices of the past few years, although positive signs are emerging.

Tax uncertainty, competition cloud decision making

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.

Chopper crew rides above turbulence

Offshore oil & gas: The lack of new construction projects is not too much of a headwind for one helicopter operator.

Greater Enfield project a positive for contractors

Offshore oil & gas: Three international players are among those to have won work for Woodside Petroleum’s Greater Enfield oil project since it was given the go ahead in the middle of last year.

Valmec lines up $12m in new work

Energy and infrastructure contracting group Valmec has secured $12 million in new contracts, including a $6 million deal with the Water Corporation.

Decmil in solar JV deal

Decmil Group has entered into a joint venture agreement with US-based SolarReserve for the construction of a 70-megawatt solar photovoltaic plant in NSW.

Advanced tech all part of the drill

As management and staff at Woodside Petroleum keep a watchful eye on the development of their new digs at Capital Square, the company is not waiting to move to its high-tech building to develop digital capability.

WA solar take-up drives major energy storage need

A lack of battery storage across the electricity network in Perth and surrounds is the most significant energy problem facing the state, according to recent research from the University of Western Australia.

Chevron ends Tox Free contract early

Waste management business Tox Free Solutions has announced its contract for work at Chevron’s Gorgon gas project on Barrow Island will end in June, a year early.

Long-term potential for biogas, hydrogen as domgas

Biogas and hydrogen could be injected into distribution networks to partially replace natural gas for use by industry and households within decades, according to a report released today by a group of

Carnegie raises funds for solar power project

Carnegie Clean Energy has announced plans to raise up to $6 million to fund its share of the development costs of the $20 million Northam solar power project.

Contractor fights for $13m owed by John Holland

Private company Applied Electro Systems has become enmeshed in a legal fight with construction giant John Holland after the two businesses had a falling out over contracted work on Chevron’s Gorgon gas project.

Chevron boss warns against political threats

Chevron managing director of Australasia Nigel Hearne has confirmed a fourth LNG train at the Gorgon project won’t be happening in the near term, while calling on governments not to buckle to calls for higher taxes and increased regulation that will reduce competitiveness of the industry.

Raising brings New Horizon back in play

Dormant explorer New Horizon Coal has extended its deadline for an $18.8 million capital raising after receiving an underwriting commitment for 70 per cent of the target amount, as it looks to shift its focus to oil.

Inpex to have name up in lights under new lease deal

Oil and gas giant Inpex will hang its logo 24 storeys above the Perth CBD, after confirming it will stay put at 100 St Georges Terrace, one of two new leases covering 20,000 square metres in the ISPT-owned building.

Carnegie to build $20m solar power station

Renewable-focused Carnegie Clean Energy has announced it is developing a $20 million, 10-megawatt solar power station in Northam, which it says will generate enough electricity to power 4,000 homes for 25 years.

Inpex seeks redeployment for Laing's workers

The developer of the Ichthys LNG project has moved to assure the 800 workers affected by Laing O’Rourke’s ejection from site that it would redeploy as many as it could to keep construction going.