Fresh from approving the massive Gorgon gas development, US energy giant Chevron said today that adding two more LNG production trains on environmentally sensitive Barrow Island remained part of the company's long term vision.
The market capitalisation of Western Australia's listed companies have continued their upward trend, adding a further 5.3 per cent in August to be collectively valued at $137.7 billion.
Australia's biggest single resource project has officially been given the go ahead by its joint venture partners, which have stated that the first phase of development will cost $43 billion.
Shell ticks $50bn gas project; Middle-East threat to gas boom profits; PM puts poll pressure on Turnbull; Oil rig spilling 400 barrels a day; Bosses call for bigger class sizes.
Woodside Petroleum and facilities management company Sodexo have been recognised at the Department of Mines and Petroleum's Golden Gecko awards for environmental excellence.
Chevron has secured three new offtake deals for its Gorgon gas project with Japanese and South Korean companies, which Prime Minister Kevin Rudd claims are valued at more than $70 billion.
BHP Billiton has given the go-ahead to a $US152 million ($A177 million) investment to enhance the processing of ore at its Mount Keith nickel operation in the eastern Goldfields.
Development of BHP Billiton's $1 billion Macedon domestic gas project off Exmouth has moved closer, following the formal start of front end engineering and design work.
Electricity sector expert Peter Oates has recommended a string of changes to electricity market rules and the contracts between generator Verve Energy and retailer Synergy to stem Verve's ongoing financial weakness and encourage investment in the sector.
PERTH-BASED Energy Resourcing Australia supplies a range of innovative contracting service and recruitment solutions to a customer base that includes some of the world's leading companies.
AFTER decades in the doldrums under the weight of political obstacles, Western Australia's nascent uranium sector is poised to become a significant player on the world stage.
Synergy should be privatised, Verve's market share should be less than 30 per cent and government should play a minimal role. That is what the energy market should look like in 10 years.
ON top of the $93 billion in major resources projects under way, a number of spin-off developments are planned to take advantage of the long-term growth in Western Australia's resources sector.
DESPITE the resilience of the Western Australian resources sector, underpinned by the imminent boom in LNG development, the past 12 months have been particularly difficult for many companies.
The much anticipated review of state electricity generator Verve Energy, prepared by former Western Power executive Peter Oates, will be tabled in parliament by Energy Minister Peter Collier this afternoon.
Premier Colin Barnett put the price of domestic gas firmly on the agenda last night, telling the Petroleum Club of Western Australia's annual meeting that a competitive domestic gas cost was part of doing business in the state.
The state government has defended its approach to reforming the approvals system in the resources sector following a survey identifying Western Australia as a high risk for resources industry investment.
West Perth-based uranium explorer Energy Metals has recommended a proportional takeover bid by a Chinese firm, which will underwrite an $11.7 million rights issue.
Engineering and construction company Clough today announced that Andrew Walsh has resigned his role of chief financial officer and executive director and will terminate his employment on 30 September 2009.
Uranium explorer WildHorse Energy is diversifying into the coal sector through a deal that will see Mark Hohnen and Ian Middlemas join its board of directors.
LOCAL industry is demanding a say on the state government's next move on energy policy, after it finally scrapped unwelcome plans to merge electricity generator Verve with retailer Synergy.
OIL and gas contracting specialist Clough remains in the running for a $200 million contract for the offshore production facilities at Apache Energy's Reindeer gas field following John Holland Group's successful tender for onshore plant construction.
