Extension of gas pipeline to preserve Kimberley; Chinese mills seek long-term offtake agreements in WA; Rudd IR changes 'a threat to WA'; Demand dive savages iron exports; PM told to hasten tax cuts
Oil and gas explorer Buru Energy says it will defer this year's exploration work at its Canning Basin tenements and reduce employee numbers in response to the current economic climate.
Perth-based Coal of Africa has appointed Morgan Stanley & Co and Evolution Securities as joint brokers as it prepares to list on the London Stock Exchange.
Spending in the latest inquiry into the Varanus Island gas explosion has been capped at $1 million as former Woodside executive Dave Agostini and federal government appointee Kim Bills join the expert panel.
Western Power has been ordered to get its act together by October this year by the independent regulator or face fines of up to $100,000 after it was found to have breached its transmission and distribution licences.
Equinox Minerals has hit a hurdle with its offtake partners over its Lumwana copper mine in Zambia as it puts its uranium project on the backburner and prepares for a court hearing over power supply.
Alcoa freezes pay, cuts contractors; WA gas prices to surge on Citic deal; Babcock down for the final count; Fletcher loses Midas touch as car venture fails; Gillard tells unions - jobs not pay rises
The market capitalisation of Western Australian listed companies remained steady at $75 billion in December but was down by over $100 billion on the same period last year, according to the latest Deloitte WA Index.
Shares in engineering and construction firm Clough have skyrocketed 60 per cent in trade today on hopes its previously terminated contract for work on the Reindeer gas field will be resurrected.
Business braces for the worst; Lenders repossessing homes at soaring rate; Bosses eye early job cuts; ATO pursues new business dispute plan; NAB denies planning withdrawal from Britain
Subiaco-based Golden State Resources has entered into a $3 million share facility agreement to raise additional funds for its Golden Eagle oil and gas project in Utah.
Low oil prices have forced Incremental Petroleum to defer non-essential exploration at its Edirne gas project in Turkey as it prepares for first gas sales for later this year.
Perth-based alternate energy explorer Eden Energy expects to start trading on the local market by March next year after it entered a deal to sell its stake in a Welsh coal bed methane project for over $5 million.
The commercial viability of a liquefied natural gas hub in the Kimberley appears to rest on oil giants Woodside Petroleum and Inpex, as the state government selects James Price Point, 60 kilometres north of Broome, as its preferred site.
Perth-based Aspen Group says its revenue stream will be boosted by some $58 million over the next five years following the completion of the Karratha Accommodation Village for Woodside Petroleum.
ATO gives Wickenby target $1m; Multiplex poised to build Fiona Stanley; Regulator ready to curb ATO aggression; CCC fails to censor McCusker report; Arrow takes aim at Pure
The traditionally quiet time for businesses in the days before Christmas has been set aside as six Western Australian companies today unveiled merger and acquisitions plans valued at over $506 million.
