Archived News for Industry Professionals
BHP Billiton has predicted Australia's resources industry will need an extra 170,000 workers in the next five years, a figure 60 per cent higher than a previous government forecast used to develop policies for meeting skills demand.
A federal taskforce into resources employment last year said 61,500 mining jobs would be created by 2015 and the construction workforce would peak at 45,000.
The vast majority of the jobs growth is forecast for Western Australia and Queensland, where companies are rapidly investing in coal, iron ore and liquefied natural gas.
Preferred tenderer announced for pipeline to supply resources sector
John Holland has been selected as the preferred tenderer for the construction of the $400 million Connors river Dam to Moranbah Pipeline in Central Queensland.
Wheatstone construction to start immediately
Chevron Australia has announced constriction will begin immediately on the company’s Wheatstone LNG Project at Ashburton North on the Pilbara Coast.
Auditor General urges more focus on mining compliance
Western Australia’s Auditor General Colin Murphy has submitted a report to State Parliament outlining his the need for increased focus on compliance with mining conditions in the state.
WA named a top investment destination for global resources
Resourcestocks magazine has published its 2011 World Risk Survey, finding that Western Australia shares first place with South Australia and Novia Scotia in the Australian States and Canadian Provinces survey.
Queensland seals $2.5 billion coal port deal
Queensland’s coal export capacity will be boosted as a result of the financial close of the $2.5 billion Wiggins Island Coal export Terminal.
Pipeline contract awarded for Queensland LNG site
QGC Pty Limited has announced a new $120 million contract for the construction of the supply of polyethylene to its gas fields in Queensland.
Victoria secures $2 billion in petroleum contracts
Victoria has secured a number of separate long term contracts worth more than $2 billion with the signing of a Declaration of Commitment between purchaser Qenos and suppliers ExxonMobil Australia and BHP Billiton to supply petroleum feedstock to the Qenos Altona plant.
Bow Energy to fuel Arrow growth
Arrow Energy, the wholly owned subsidiary of Royal Dutch Shell and PetroChina, has launched a friendly takeover bid for Bow Energy after months of negotiating a bidding price.
Wheatstone gets environmental approval
A liquefied natural gas project proposed by Chevron in Western Australia’s Pilbara region will go ahead after the Federal Government approved the projet under national environmental law.
WA notches up record resources sales
The Western Australian State Government has recorded state resources sales value of $101.2 billion for the 2010-11 financial year.
BHP Billiton executives on a gold mine
Mining giant BHP Billiton has spent close to $19 million on its executive remuneration pay packages in the 2010-2011 financial year in a move that BHP Chairman John Buchanan describes as an investment geared towards reaping future rewards.
Navy moves to halt engineer exodus to mining industry
The Royal Australian Navy (RAN) has moved to offer $80,000 bonuses for ship’s engineers on its submarines and Anzac-class frigates in an attempt to stop them from moving to the mining industry.
Cottee steps down amid Nexus turmoil
Troubled oil and gas company Nexus has announced Richard Cottee has resigned as the company’s Managing Director.
Federal Government releases carbon tax update
The Federal Government has released an updated model of the impact of the carbon price which states the Australian economy will continue to grow strongly at the same time making reductions in carbon emissions.
Monadelphous secures mining construction contract
Engineering group Monadelphous Group Limited has secured a major constuction contract at Hope Downs 4 Irone Ore Project for Rio Tinto and Hancock Prospecting.
Federal Government announces new skills agency
The Federal Government has announced the formation of a new workforce agency that will target “pressure points” in Australia’s emerging patchwork economy by focussing on training and retraining workers for new jobs in specific industries currently experiencing skills shortages.
Paradise South mine boosted by state acknowledgement
The Queensland State Government has identified Legend International Holdings’ Paradise South mine as a Project of Regional Significance, giving the project exclusive water rights.
Preferred bidder nominated for Darwin's marine supply base
The Northern Territory has named the ShoreASCO Consortium as the preferred bidder to construct, own and operate Darwin’s Marine Supply Base. The base will service the logistical needs of the oil and gas sector.
Hancock sells Galilee Basin interests
Hancock Coal has announced the $1.2 billion sale of large quantities of its holdings in the Central Queensland Galilee Basin area to Indian group GVK Coal.
WA signs new China trade and investment deal
The Western Australian State Government has become the first non-national governmental body in Australia to sign a Memorandum of Understand with China after Premier Colin Barnett signed a co-operative trade and investment agreement.