Petroleum giant Shell has taken a $1.9 billion hit on its Prelude LNG stake as its battles to fix problems with the $22b project’s giant floating platform.
The Ampol brand is officially back in business in WA after a 25-year absence, with the opening of the first revitalised store in Cockburn.
Most Australians would prefer investment in clean energy to help lift the economy out of its COVID-induced recession to the Federal Government’s plan for a “gas-fired” recovery.
The gas play is drilling the deepest well on the Australian mainland just 350km north of Perth as part of an appraisal program for its West Erregulla discovery.
The ambitious hydrogen project that seeks to become the world’s largest renewable energy export facility has received major project status from the Federal Government.
The WA LNG producer has revealed a 9pc drop in revenue in the September quarter, just a week after it sacked 300 staff.
Stuart McKinnon and Daniel Newell
The contractor has been dealt a costly blow in its battle to recoup more than $1 billion from Chevron in a long-running feud over work at the Gorgon LNG plant.
BHP Group Ltd says it produced 74 million tonnes of Western Australia Iron Ore in the three months to September 30, up from 69 million tonnes a year earlier.
Almost 12,000ha of native vegetation will be cleared, with up to 1743 wind turbines to be built 26km from Eighty Mile Beach near Port Hedland.
BHP chairman Ken MacKenzie says deferment requests have been received from Chinese coal customers.
The latest round of cuts come after an organisational review to identify the oil and gas giant’s workforce needs amid a challenging global energy supply environment.
Newly released modelling predicts at least 70 per cent of WA’s main electricity network will be fuelled by renewable energy in 2040.
Western Power has hiked its full-year profit by 6.8 per cent after the State-owned utility was able to continue operating at full capacity throughout the COVID-19 pandemic.
Danielle Le Messurier
Energy provider Synergy lost $27.2 million last year after writing off more than $40 million in debt it expects coronavirus-impacted customers will never pay back.
Spending on big-ticket resources projects will not be able to offset the COVID-sapped retail, construction and education sectors.
Company reports routine sampling yesterday detected an elevated aerobic bacteria count in one of the cooling towers.
Stuart McKinnon and Phil Hickey
Warrego Energy and Strike Energy have overcome recent tensions by agreeing a plan to jointly develop the Perth Basin gas discovery.
Ampol could close its refinery in Lytton, Brisbane, jeopardising the jobs of 550 workers, after suffering huge financial losses due to lower fuel demand.
The gold giant says the new solar-gas hybrid system at the northern Goldfields mine is one of the world’s biggest renewable energy microgrids.
A British energy infrastructure group will start on front-end engineering design work for the proposed $350m Arrowsmith project.
A Federal Government funding boost to be outlined in next week’s Budget will create jobs and deliver a more reliable and more affordable energy supply to WA’s remote communities.
A collapse in global demand has led oil giant Shell to announce job losses of up to 9000 by the end of 2022.
Fiji's leader is urging Australia to adopt a goal of net zero emissions by 2050, saying it's a 'life or death' deadline backed by science.
Global oil demand won’t meaningfully recover for at least 18 months, according to the heads of the world’s biggest independent trading houses.
Andy Hoffman and Laura Hurst
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