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Browse saves $30 billion going offshore 27 Aug 2013 | 01:43 pm
AuBJ – 27 August – Woodside and its joint-venture partners are saving up to $30 billion in construction costs by aborting a land-based liquefied natural gas plant at James Price Point. WA Premier Col...
Lend Lease profits jump to $551 million 23 Aug 2013 | 01:50 pm
AuBJ – 23 August – Lend Lease today reported a 10 per cent jump in profits to $551.6 million having successfully won contracts on a series of large projects this year. The global construction and dev...
Synergy merger to increase competition 21 Aug 2013 | 01:52 pm
AuBJ – 21 August – Energy Minister Mike Nahan announced this morning that the remerging of energy retailer Synergy and generator Verve will lead to increased competition in the marketplace. “The merg...
ACCC delays NBN pricing plan 21 Aug 2013 | 12:58 pm
AuBJ – 21 August – The Australian Competition and Consumer Commission (ACCC) has suspended its decision on whether or not to accept the NBN Co’s long term pricing plan until after the federal election...
Woodside opts for floating LNG at Browse 20 Aug 2013 | 01:54 pm
AuBJ – 20 August – Perth-based oil and gas giant Woodside has recommended the construction of a floating offshore plant to harness LNG at Browse, in a blow to WA Premier Colin Barnett. Barnett has pu...
Loophole costs $620m in missing GST 20 Aug 2013 | 01:11 pm
AuBJ – 20 August – Overseas retailers have avoided paying the GST on more than $6.2 billion worth of goods shipped to Australian shoppers last year. Local retailers, incensed over the GST-free thresh...
Metals X buys Rio out of nickel JV 19 Aug 2013 | 04:21 pm
AuBJ – 19 August – Metals X has bought Rio Tinto out of the two companies’ Mt Davies Joint Venture in South Australia, consolidating its ownership of the Wingellina layered intrusive complex underlyin...
Abbott pledges $600m for Swan Valley bypass 19 Aug 2013 | 02:10 pm
AuBJ – 19 August – Opposition leader Tony Abbott has pledged more than $600 million towards the $840 million Swan Valley Bypass project should the coalition win next month’s federal election. Campaig...
Rudd to invest $200bn in WA Oil & Gas 16 Aug 2013 | 01:24 pm
AuBJ – 16 August – Prime Minister Kevin Rudd will invest in two new projects to boost research and innovation in the West Australian oil and gas industry, if re-elected. Rudd said the sector was inve...
Taiwan’s Formosa invests $1.15bn in FMG Iron Bridge 16 Aug 2013 | 12:44 pm
AUBJ – 16 August – Taiwan-based Formosa Plastics Group is investing US$1.15 billion in Fortescue Metal Group’s Iron Bridge Joint Venture with China’s Baosteel Group Corp. FMG Iron Bridge Ltd owns the...
