Brookside Energy has booked a maiden operating profit for the quarter on the back of an 800 per cent surge in earnings following first production at its flagship Jewell Well.
A $4 billion-plus fertiliser plant proposed on the Burrup Peninsula has received ministerial approval, moving entrepreneur Vikas Rambal’s dream project a step closer.
Analysis: The Australia Institute claims WA earns a paltry return from oil and gas companies, while estimating state government royalties from the North West Shelf will likely surpass $17 billion over 25 years.
Woodside has long-term hopes to install up to 500 megawatts of solar generation and 2 gigawatt hours of batteries near Karratha, environmental documents show.
Kerry Stokes-backed BCI Minerals is set to proceed with its $1.2 billion Mardie project after overcoming opposition from Santos and Chevron, which were concerned about risks to WA’s gas supply.
The federal and state governments have awarded Strike Energy with a $2 million grant and streamlined approvals for the company’s fertiliser project in the Mid West.
The state could have a shortage of gas production for the domestic market as soon as 2025, driven by reserve downgrades at the Reindeer and Macedon fields.
A dozen WA-linked businesses paid more than a fifth of Australia’s corporate tax take between them in the 2020 financial year, with Rio Tinto the nation’s top contributor.
Exmouth Gulf will be home to a new marine park and nature reserves, the state government announced today, while proponents of two projects believe they will be able to coexist.