Energy

There are no signs of any contraction in the Western Australian construction industry according to Master Builders Western Australia.

BHP Billiton's petroleum arm is expecting double digit volume growth for the next four or five years following flat production volumes over the last two fiscal years, the company said today.

Western Power today announced a new alliance agreement with Downer EDI Engineering and Tenix Alliance which will provide Western Power, with resources for the future transmission and distribution infrastructure of its south-west interconnected system.

Small companies listed on the Australian stock exchange today continued to reveal details of their exposure to the collapse of stockbroker Opes Prime, including Perth-based Blackham Resources, Hodges Resources, Catalyst Metal and Conquest Mining.

Western Australia remains the driving force behind the nation’s economy and is predicted to sustain strong growth rates despite higher interest rates, a weak stockmarket and the United States’ economic downturn.

The mining sector, the small business sector and the regions all claim from time to time to be the powerhouse of Western Australia’s economy, and they will all find evidence to back up their claims in a new research report prepared by the Chamber of Comme

Clough Limited has been awarded a $30 million contract for Iluka Resources Limited's Murray Basin Stage 2 Development, which is due for completion in early 2009.

Explorer and aspiring potash producer Reward Minerals Ltd has reached what is being touted as a ground-breaking native title deal to potentially give the Central Western Desert's Martu people more than 10 per cent of the company.

Incremental Petroleum Limited has announced that it has concluded the purchase all of a further 10 per cent equity in the Edirne licence in Western Turkey from one of its Turkish partners for US$1.5 million.