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Energy

EGL to buy RCR energy assets

Victoria-based gas turbine engineering services company The Environmental Group will acquire the energy division of RCR Tomlinson, less than two months after the latter entered into voluntary administration.

Kleenheat in hot water with the ACCC

Wesfarmers-owned Kleenheat Gas has paid $25,200 in penalties, after the Australian Competition and Consumer Commission issued two infringement notices for alleged false and misleading discount gas campaign.

Appointments wrap

Former Synergy executive Stephanie Unwin is set to lead regional energy retailer Horizon Power next year, while Screenwest, SNC-Lavalin, Worksafe WA and Destination Perth have also announced significant appointments.

Pluto gas enters domestic orbit

Domestic gas has started flowing from Woodside Petroleum’s Pluto plant near Karratha today, around six years after LNG exports from the facility got under way.

Woodside moves forward in Senegal

Front end engineering and design work for Woodside Petroleum’s SNE oil development in Senegal has been awarded to Subsea Integration Alliance, with a final investment decision penciled in for mid-2019, after a long dispute among the project’s partners.

Signs point to coal closures

Older coal fired power stations such as Synergy’s Muja C&D could begin closing in 2023, driven by changing market dynamics, while harsher carbon policies would accelerate shutdowns, according to a recent report by the Australian Energy Market Operator.

Alcoa locks in gas supply

Alumina producer Alcoa of Australia has signed three supply deals with BHP Group, Woodside Petroleum and Chevron to provide about 23 petajoules of gas between them annually from 2020 for its Western Australian refineries.

Burrup projects gain momentum

New industrial projects planned for the Burrup Peninsula will need to co-exist with the area’s heritage features.

EMC deal falls through for Carnegie

Carnegie Clean Energy has been forced to abandon plans to sell its battery storage and microgrid business, while chairman Terry Stinson has detailed the renewable energy outfit’s recent struggles in an address at today’s annual meeting.

RCR collapse a classic case of overextension

The downfall of RCR Tomlinson is another reminder of the dangers of a business getting out over its skis.

RCR into administration

RCR Tomlinson, which grew rapidly to be one of Australia's largest engineering contractors with annual revenue of $2 billion, 3,400 staff and multiple contracts in WA, has been placed into administration after failing to secure new funding.

Zenith extends power deal to 24MW

Zenith Energy has amended its power purchase agreement with Northern Star Resources to add a further 6-megawatts to its power station at the Jundee gold mine.

SNC-Lavalin wins Perdaman contract

Vikas Rambal’s Perdaman Industries has signed up Canadian engineering company SNC Lavalin as lead contractor on its $4 billion Karratha urea project, one day after announcing a gas supply deal with Woodside Petroleum.

ACCC approves Quadrant takeover

The competition watchdog has cleared Santos’ planned $2.9 billion takeover of Quadrant Energy despite concerns from some businesses in the Goldfields region about reduced competition for gas supplies.

Coleman tips hydrogen power by 2030

Woodside Petroleum has urged governments across Australia to back its ambitious growth projects, which include $30 billion on LNG projects along with development of industrial-scale hydrogen power.

$400m waste plant signs supply deal

Plans for a second waste-to-energy plant in Perth have advanced after the HZI consortium signed its fourth supply deal, with the City of Cockburn.

Green wins national EY award

Power Ledger co-founder Jemma Green has been named as EY’s fintech entrepreneur of the year at the national awards in Sydney last night, while Melbourne-based Jo Horgan took out the main award.

Power Ledger wins world tech comp

Perth-based blockchain company Power Ledger has claimed top honours at an international technology competition run by English entrepreneur Richard Branson.

Pacific wins Panoramic power contract

Pacific Energy has won a power supply contract with Panoramic Resources for the restart of the nickel producer’s mothballed Savannah project in the east Kimberley.

Carnegie cuts new Tag deal

Carnegie Clean Energy will take a reduced stake in ASX-listed Tag Pacific in exchange for the Perth company’s battery storage and microgrid business, after the parties agreed to remove a $2.2 million cash component from their original deal.

Zenith to add solar to Nova power station

Zenith Energy will incorporate a solar facility in its existing diesel power station at Independence Group’s Nova operation in the Fraser Range, taking capacity to 26 megawatts.

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