Energy & Natural Resources

In their defences to a shareholder class action, Mineral Resources’ and founder Chris Ellison have denied that two payments totalling $3.8 million needed to be disclosed to the market as related party transactions.

Perth Airport will pay United Petroleum $8.7 million after the company built a larger petrol station on the basis of the airport's representations that the Qantas terminal would be relocated. 

Oil and gas company Beach Energy has agreed to pay $43. 5 million to settle a shareholder class action on the eve of trial.

A judge has tossed oil company Lighthouse's $600 million suit against the government of East Timor after it failed to provide $1.3 million in security ahead of trial.

Steel trader Macsteel International has won an injunction barring its former chief financial officer from disclosing or using its confidential information, after he downloaded almost 10,000 documents containing sensitive information. 

Privately-owned oil and gas exploration company Timor Resources has filed proceedings against its founder and the company's accountant, seeking access to deleted emails and Whatsapp messages.

A "practice of prudence" required a judge to recuse himself from a $1 billion lawsuit over the Callide power station, CS Energy said Monday.

Mineral exploration company AVZ Minerals does not have the funds to defend itself in ASIC proceedings alleging it failed to disclose a critical legal dispute, including a forgery claim, related to a $32 million lithium mine deal, a court has heard.

A former project manager who enlisted two associates to buy 11 million shares in Beacon Minerals before the market knew it had struck gold has been sentenced to one year in prison following a guilty plea. 

Amazon has signed its first standalone battery storage tolling agreement globally, which will support the development of Anza Power's 50 MW/200 MWh battery in Victoria.