Failed construction group Clough will be almost completely absorbed by Webuild,bringing relief to current customers but a further concentration of Australia’s large-sale construction market.
Kerry Stokes-backed Beach Energy has cut its Perth Basin gas reserves after disappointing drilling results and expects a delay and cost bump at its Waitsia project that was being built by failed contractor Clough.
The Albanese government has broken the curse of a nation too timid to stand up to the might of industry. Can Perrottet follow suit with his push against pokies?
WA Premier Mark McGowan often boasts about the security of his state’s gas supply,but a deal he cut in 2020 has gone a long way to undo that reputation – and it means a potential shortage looms.
At the heart of this takeover tussle between billionaires Kerry Stokes and Gina Rinehart is a small gas exploration company and a bigger issue - energy security.
Australia’s richest person has wasted little time in putting a firmer offer on the table for Warrego Energy,escalating her stoush with Kerry Stokes’ backed Beach Energy for control of the resources minnow.
Two WA billionaires Gina Rinehart and Kerry Stokes are on opposite sides of a bidding war for small listed gas play Warrego Energy.
Mineral Resources is a $15 billion valued,diversified resources player with a low profile. But if chief executive Chris Ellison has his way,this will soon change.
Gas producer Beach Energy says the threat of intervention over soaring energy bills could further inflame the east-coast gas crisis.
WA’s largest gas user Alcoa is part of a push to force exporters to offer more gas to local buyers before a predicted shortage hits mid-decade.
Teal independent and MP for North Sydney Kylea Tink says she purchased “small shareholdings” in two fossil fuel companies to understand them better.