Woodside will take operating control of Australia's first major offshore oil and gas development in the Bass Strait from ExxonMobil, in a 50-year first.
Andrew Forrest has accused the world's plastic producers of derailing a global push for a binding treaty on pollution, in a recent letter obtained by Business News.
The United States' largest oil company claims Andrew Forrest damaged its reputation through his charity's campaign against plastic polymers and Fortescue's efforts to reduce fossil fuel use.
The fuel industry wants incentives and new laws to make bioenergy a key part of the energy transition so Australians can drive conventional trucks and utes.
Chevron's proposed US$60 billion (A$94 billion) acquisition of producer Hess Corporation has been hailed as the acceleration of a new era of global oil megamergers.
The partners behind the Papua liquified natural gas plant have begun fully integrated front-end engineering and design work, taking the project closer to completion.
The chief executives of ExxonMobil Corp and Chevron Corp reportedly held preliminary talks in early 2020 to explore combining the two largest US oil producers.
Oil Search shares have dropped more than 10 per cent in value after negotiations on developing a new gas field in Papua New Guinea fell apart over the weekend.
Nine WA-linked resources businesses are ranked among the country's top 20 corporate taxpayers, despite a widespread perception the industry does not pay its way.
Edith Cowan University's Rob Newton and Curtin University's Phil Bland were named joint winners of the scientist of the year award at last night's Premier's Science Awards.
Chevron has started the second stage of its Gorgon drilling campaign, which will create 11 new wells at the $5 billion project on Western Australia's north-west coast.
Oil Search has signed an agreement with the Papua New Guinean government for the Papua LNG Project, enabling initial work to begin on the giant development.
SPECIAL REPORT: With shipments at Shell's Prelude FLNG facility still to get under way, one Perth businessman is hoping to reignite use of the technology for stranded gas fields.
Harvey Millar and Christobel Saunders have been jointly named scientist of the year at the Premier's Science Awards for 2017, winning the approval of a judging panel led by Western Australia's chief scientist, Peter Klinken.
Special Report- Offshore oil & gas: First gas at the final train of Chevron's Gorgon project and two potential significant Woodside-led brownfields LNG projects are positives for an offshore energy industry under pressure. Click through for four related articles on the sector.
Energy giant Woodside Petroleum has entered into an agreement to buy half of BHP Billiton's stake in the Scarborough offshore gas fields in the Carnarvon Basin for up to $US400 million ($A528 million).
Papua New Guinea-focused Oil Search has backed down from a bidding war with global energy giant ExxonMobil, choosing not to raise its near $3 billion bid for New York-listed explorer InterOil.
Australian oil and gas producer Oil Search could find itself dragged into a bidding war over InterOil after a counter-bid by global energy giant ExxonMobil.
A successful Oil Search takeover of Interoil will be one factor that could help trim billions off the cost of LNG projects in Papua New Guinea in the next two decades, according to consultants Risc.
Energy giant Woodside Petroleum has bolstered its board with the appointment of a former Shell executive, while Dacian Gold has welcomed a prominent lawyer to its board.
Chevron Australia has moved another step closer to completion of the Gorgon gas project, with a commissioning LNG cargo arriving at Barrow Island to cool down the storage and loading facilities prior to commencement of exports.
A program that links PhD students with industry is attracting support from companies as diverse as iron ore miner CITIC Pacific Mining, software developer Lateral, and aged care provider Southern Cross Care.
SPECIAL REPORT: As the energy construction boom winds down, policy makers must get the settings right to prepare for future investment, while energy players mull the best way to allocate scarce capital.
Woodside Petroleum has spent the past 60 years focused on the development of its own projects in Australia, but in the space of one year, two major takeover deals collectively worth $15 billion look set to reshape the Perth-based energy giant.
Energy giant Woodside Petroleum is considering growth opportunities in Papua New Guinea, announcing today it was evaluating a takeover offer for Oil Search through an all-scrip deal valued at more than $11 billion.
Securing Australia's economic future will require a strong focus on harnessing the nation's energy resources and further developing the global connections that provide pathways to both imports and exports. This is especially true in Western Australia, where energy is emerging as a sector of key state economic importance.
WA is poised to double its LNG production, but softer oil prices and global competition for capital mean there is much conjecture about the sector's future. Click through to see more on our major oil and gas projects feature.
Former US Consul General Robin McClellan has been appointed Leadership WA's new chief executive officer, following Sue van Leeuwen's retirement after seven years at the helm.
Multinational oil and gas service providers have set up in WA for the long haul, as the state searches for the best way to enhance its competitive advantage.
Iron ore miner Fortescue Metals Group has recruited the former vice-president of global procurement at oil giant ExxonMobil to its board of directors, as it seeks to lift the efficiency of its business.
The free-falling iron ore price has hit the state's coffers hard this year, but one of the state's most respected resources authorities is pragmatic about the future, given the cyclical nature of the commodities sector.
