A letter from the US miner raised hope that the jarrah forest inland from Perth would escape its strip mining for bauxite, but Alcoa is keeping its options open.
I worked in oil & gas in commercial and engineering roles for 20 years. Since 2016, I have written for The West Australian, WAtoday, The Guardian and Boiling Cold, winning five WA Media Awards.
Woodside has told investors it can afford to bury CO2 from its Browse LNG project just months after telling regulators it was a "high-risk, high-cost" option.
Woodside had planned for 2020 and 2021 to be years of growth but now the Scarborough and Browse LNG projects are deferred and $US20.4 billion slashed from this years' budget as it joins its peers in survival mode.
Shell's Prelude floating LNG, already besieged with safety and reliability issues, has produced 2.3 million tonnes of greenhouse gases for one cargo of LNG.
WA LNG producers Woodside and Chevron, beset by low prices and COVID-19 work restrictions, are maintaining dividends to shareholders and gas to customers as they shed workers, with unions describing Woodside’s actions as “brutal, cold, and unnecessary.”
The iron ore price that had held up in the economic chaos of 2020 is beginning to fall, and the worst case of $US50 a tonne would shatter government revenue just when it is needed the most.
Delay to Woodside's big growth bet on the "Burrup Hub" Scarborough and Browse LNG projects looks more likely with Woodside warned not to overspend as its partners trim their budgets.
Casual workers taken off Ichthys offshore facilities by Inpex will be paid at least until next week under a standby deal similar to workers from the troubled Prelude LNG vessel.
Hazer's combination of two WA exports - gas and iron ore - to produce the clean energy products hydrogen and graphite has been supported by $9 million from the Federal Government.
