Beach Energy has acquired oil and gas exploration company Vintage Energy’s stake in PEP 171 – a gas field in the Victorian section of the Penola Trough located in the Otway Basin. On Thursday, Vintage announced that Amplitude Energy – the other half of the PEP 171 joint venture – has waived its pre-emptive right…
Global law firm Clifford Chance has launched a construction practice in Australia after nabbing a special council from Pinsent Masons to lead the group.
Auditor KPMG has hit back at a shareholder class action over water treatment business Phoslock’s alleged accounting irregularities, saying it should be completely relieved from paying damages since it acted honestly.
Dyno Nobel has lost its bid to invalidate three of explosive manufacturer Orica’s patents for a wireless detonation device, with a judge finding it was liable for patent infringement.
Receivers of the $500 million East Rockingham waste-to-energy project will have until the end of September to hash out a plan to maximise creditor returns, as Acciona’s wait for approval of its bid to acquire the plant continues.
Atlantic will have to pay its dues to a local council in Western Australia, where it operates a $700 million mining project, with a court rejecting arguments that would allow mining companies to avoid paying rates on land that may produce “considerable profits”.
Former senator and ‘transparency warrior’ Rex Patrick has won an order capping the government’s costs at $40,000 in his case seeking documents on the $12 billion Snowy 2.0 renewables project, with a judge finding the matter raised issues of public interest.
International law firm syndicate CMS has hired an energy and infrastructure partner for its newly established office in Sydney, as it seeks to strengthen its presence in the Asia Pacific region.
Australian economist Ross Garnaut’s renewables company Zen Energy has received a boost from the federal government, winning approval for its planned solar farm in southeast Queensland in less than a month.
Fresh off its acquisition of a massive battery network from Tesla, AGL has continued its push into renewables by gobbling up Amsterdam-based Photon Energy’s Yadnarie solar and long-duration energy project in South Australia.