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.
Chevron may boost gas production from its Jansz-Io field to Gorogn LNG with subsea compression technology used just once before in Norway.
Chevron has surrendered in its $1B fight over interest charged on inter-company loans, leaving an emboldened ATO ready to tackle more multinationals for a predicted $10B haul.
The Inpex-led Ichthys LNG project will export $195 billion of LNG, LPG and condensate over 30 years but it will not pay Australia anything for the gas it extracts.
Woodside and ConocoPhillips are gravitating toward the cheapest development options for their Browse and Barossa gas fields to compete with low-cost Qatar.
The State’s work health and safety laws will undergo a major revamp, streamlining three Acts into a single one more consistent with national legislation.
Designing Shell's Prelude floating LNG project involved shrinking a complex LNG plant and making it safe in cyclonic seas on top of the world's largest offshore facility.
The credibility of estimates from US giant Chevron of the tax it will pay for its LNG production has been undermined by questions from the Senate committee on corporate tax avoidance.
According to Mines and Petroleum Minister Bill Johnston, the onshore oil and gas industry needs to get the community behind fracking.
A subsea oil well that leaked for up to two months off the Pilbara coast in 2016 belonged to the Woodside-operated North West Shelf project.
Macquarie and Brookfield will have to sell exploration potential in their $4 billion float of Quadrant Energy amid concern its domestic gas plants could run dry in as little as six years.
Woodside chief executive Peter Coleman believes WA has enough gas to keep the North West Shelf LNG plant exporting and the local market supplied.
Woodside does not support the use of artificial structures aimed at avoiding or minimising tax, the company’s CFO told a Senate inquiry.
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