Energy & Natural Resources

Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia's off-grid mining industry.

Rail operator Aurizon has secured agreements with BHP to provide logistics for the mining giant's South Australia copper operations over the next 15 years, estimating total revenues of $1.5 billion.

ASIC has told a court that a PwC report into allegations of inaccurate coal pricing found that 12 “inconsistent” invoices issued by TerraCom resulted in a $1.15 million benefit to the company, contrary to the company's claim that the audit found no wrongdoing.

A consortium led by the investment arm of Abu Dhabi's National Oil Company has launched a $30 billion takeover bid for Santos, the energy giant said Monday.

A judge has stayed engineering firm Clough’s $54 million cross-claim against its former joint venture partner on the EnergyConnect transmission project, Elecnor, saying the claim must be sent to arbitration.

Brookfield has shed 23.2 per cent of the stapled securities in major coal exporter Dalrymple Bay Infrastructure, but remains the major shareholder, retaining a 26.25 per cent interest in the venture. 

Recovery of legal costs has been capped in a case over Woodside’s $16.5 billion Scarborough gas venture that will give the Federal Court the first chance to weigh whether an environment plan complies with the law.

Collapsed gold mine owner Kirkalocka has brought a High Court challenge in a dispute with energy company Zenith over the ownership of a power plant in WA, saying the case raises important issues about the operation of security interests.