WA drives Alcoa $US4.1b buy of South32 aluminium business
The US company will have a monopoly over WA bauxite mining and alumina refining, which it plans to operate for 40 years.
While the idle Northern Endeavour costs $4 million a month, Government and industry are still talking about how to keep the clean-up bill below a possible $230 million.
Safety regulators knew nothing of cracked pressure vessels at Chevron's Gorgon LNG plant until alerted by media reports and now plan to inspect the equipment themselves.
Thousands of cracks raise questions about the safety of the Gorgon LNG plant and operator Chevron will decide to shutdown or maintain revenue, with the safety regulator on the sidelines.
Cost, climate concerns and delay have killed Woodside's Browse LNG project and now it must negotiate with its old foes, the North West Shelf partners, to ensure Scarborough is developed.
If Western Gas' Equus LNG project does not take off in these tough times neither the small company nor regulator NOPTA have an answer to how making safe the wells is paid for.
WA will be coal-powered for sometime and Synergy is working to ensure its Collie power stations can cope with the new world of intermittent renewable energy.
Hundreds of 7000-year-old Aboriginal artefacts found off the Pilbara coast highlight a new issue for oil and gas to maintain its social license, with Woodside's Scarborough project at the forefront.
No deal with Alcoa has cost Adelaide Brighton 31% of its value and threatened its WA lime business that is warring with its neighbours in suburban Perth.
Don Voelte does not hold back telling the tale of the east coast gas mess that Woodside wisely avoided and Beach Energy profited from.
Shell has followed BP in thinking its oil and gas assets are now worth much less in a post-COVID more climate-aware world and Prelude LNG is a big contributor to the value destruction.
Delays in offshore oil and gas maintenance after COVID-19 workforce cuts worries safety regulator NOPSEMA and unions, who have pointed to Inpex's Ichthys LNG project as a concern.
Woodside looks at gas to ammonia to fuel coal-fired power stations as concerns grow about the viability of LNG mega-projects.
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