Global energy companies Chevron, Shell, Inpex and Woodside Petroleum have agreed to jointly fund development of new systems to improve tropical cyclone forecasting in northern Australia.
Woodside Petroleum chairman Michael Chaney has set himself an ambitious goal, telling shareholders he wants to more than double the number of women on the company's board over the next two years.
Lower oil prices and sales coupled with a natural disaster contributed to a 20.1 per cent slide in Woodside Petroleum's revenue for the March quarter, but wrapping up its Apache Corporation asset purchase lifted contingent reserves by 151 per cent.
Woodside Petroleum has closed its $US854 million ($A1.1 billion) purchase of Apache Corporation's interests in the Kitimat LNG project in Canada, a week after finalising the WA component of the sale.
A new supply deal struck this week by Western Australia's largest buyer of domestic gas, Alcoa of Australia, has confirmed the availability of gas for customers prepared to pay the going price.
Perth will play host to chief executives from seven of the world's biggest energy and engineering companies during the LNG18 conference, to be held in April next year.
New office builds and significant incentives for tenants to shift premises are ensuring Perth's interior design firms are kept busy, with fresh office fit-outs relying on technology to ensure flexibility and potential growth needs are met.
Woodside Petroleum has completed the purchase of Apache Corporation's interests in the Wheatstone and Balnaves projects, as speculation continues over the ownership of Apache's remaining Australian assets.
KPMG has secured backing from more than a dozen major businesses for its Energise technology accelerator, which will provide financial and in-kind support to eight startup businesses servicing the energy and resources sector.
Woodside Petroleum terminated the contracts of eight employees last year, mostly the result of fraud-related incidents, according to its latest sustainable development report.
Global technology company Cisco has announced plans to invest $US15 million over five years in an ‘internet of everything' innovation centre in Australia, with locations at Curtin University in Bentley and in Sydney.
EXCLUSIVE: Construction giant Brookfield Multiplex has taken the inside rail from rival Probuild to win the main construction contract for Woodside Petroleum's new headquarters at the Old Emu Brewery site on Mounts Bay Road.
East Timor's resources minister Alfredo Pires has revealed new studies by his country show an onshore liquefied natural gas plant for Woodside's shelved Sunrise project is a commercially viable option.
The Pilbara Ports Authority has begun clearing large vessels out of the ports of Dampier and Ashburton, ahead of a cyclone which is expected to hit the Pilbara coast by tomorrow morning.
Chevron and Shell have singled out high costs as a major challenge facing Western Australia's ability to further develop its globally recognised oil and gas industry.
The consumer watchdog has given the green light to Woodside Petroleum's proposed purchase of oil and gas assets from US energy company Apache, after concluding it would not have a significant effect on the domestic gas market.
Some of the biggest names in WA business will help nurture the next wave of philanthropists in the state as part of an innovative program to raise money for the children's hospital.
Retailers and hospitality operators in the city have cashed in on the tour of The Giants, with 1.4 million people filling City of Perth streets for three days for the opening show of the Perth Inte
Oil and gas producer Beach Energy has flagged a $166 million writedown on the value of its assets, as a result the dramatic slide in global oil prices.
Rio Tinto's strong profit reported earlier today will please investors in one of state's biggest employers, though the big miner's fresh round of job shedding is a warning shot across the bows of the Western Australian economy, with more warning shots likely to be fired over the next 12 days.
The North West Shelf's six joint venture partners have yet to declare their hand as a deadline for ending their joint gas marketing agreement draws near.
Perth's office market remains on solid footing despite a rising vacancy rate that's forecast to peak at 19 per cent in 2016, with pundits saying the state's strong economic fundamentals and a small construction pipeline past 2015 will bring balance back into the sector.
Cost wins out above all other considerations in the search for efficiency, which is why a strengthening US dollar could pose challenges for Caterpillar.
The number of people working on the Gorgon gas project on Barrow Island has jumped to 8,000, as project operator Chevron strives to meet its targeted start-up around the middle of this year.
The consumer watchdog is probing Woodside Petroleum's $US2.75 billion purchase of oil and gas assets from US energy company Apache, over concerns the deal could affect the supply of wholesale gas in the Western Australian market and lead to higher gas prices.
In theory, and it is a theory backed by some high-powered research, shares in Australian oil and gas companies such as Woodside Petroleum and Santos have much further to fall, a fact which prompts a question: why haven't they already fallen further?
US company Hess Corporation has moved closer to developing its large Equus gas field off the WA coast, after striking an agreement to process the gas through the North West Shelf venture's Karratha plant.
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.
The international stage has helped this year's local business and political leaders stand out from the pack – including our Person of the Year, Richard Goyder.
Woodside Petroleum has substantially reshaped its project portfolio after buying a minority interest in Chevron's half-built Wheatstone LNG plant, postponing its planned Browse LNG project and acquiring a stake in a Canadian LNG development.
The tougher business climate has prompted some WA companies to cut executive salaries, but most have held the line and some have even awarded pay rises.
