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.
Inpex is reducing its offshore workforce to tackle COVID-19 risk leaving casual workers not knowing when they will next have paying work.
The WA Government wants to lure industry to WA with cheap gas just as the oil price plunge puts further supply from Woodside's Scarborough and Browse projects in doubt.
The first bill of $10 million bill is due for the failed Northern Endeavour as it is revealed that Woodside's sale of the vessel four years ago required no government approval.
Chevron boss Mike Wirth is not distracted by renewables as he pushes for more and lower cost production and looks to move gas through Woodside's Scarborough project.
A WA parliamentary inquiry has supported microgrids as a key element in the State's spread out power system.
If the Federal Government had been alert the financial failure of the Northern Endeavourur would not have been a surprise. Now Canberra has a huge bill for its omission.
The liquidator of Northern Oil and Gas Australia has recommended liquidation, which will leave the Federal Government responsibility for decommissioning its oil vessel.
Woodside buried deep in a huge environmental approval report for Browse LNG a risk it may have to buy massive amounts of carbon offsets.
Woodside's environmental approval submission for its $US20.5B Browse LNG project shows negligible efforts to rein in carbon emissions.
Any large project in WA will now need to tell the EPA how it will achieve zero-net emissions by 2050 before it can go for Ministerial approval.
The WA Environmental Protection Authority has backed off its plan for 100% offsets for new projects but will push for net-zero emissions by 2050.
Woodside chief executive Peter Coleman told investors his Browse and Scarborough LNG projects stood up with a $US40/t carbon price, but the fine print was a different story.
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