Tag archive for ‘Australia’
By businessnewstoday On Thursday, March 22nd, 2018

Rio Tinto to sell Queensland coal mine stakes to Glencore for $1.7bn

(adsbygoogle = window.adsbygoogle || []).push({}); Mining industry news : Australian-British mining giant Rio Tinto has made a $1.7 billion deal to exit from two Queensland coal mines – the Hail More...

By businessnewstoday On Sunday, March 18th, 2018

Wesfarmers to spin off Australian supermarket chain Coles into separate company

Retail industry news : Australian supermarket chain Coles Supermarkets is all set to be spun off from its parent company Wesfarmers into a new $18 billion independent company listed on the Australian Securities More...

By businessnewstoday On Sunday, March 11th, 2018

Wartsila signs $123m contract for AGL Energy’s Barker Inlet Power Station

Power solutions provider Wartsila has signed a $123 million worth EPC contract for the 211MW Barker Inlet Power Station, a new gas fired power plant in Australia owned by AGL Energy. Under the terms of the EPC contract, More...

By businessnewstoday On Saturday, March 3rd, 2018

Aus govt to take over full ownership of Snowy Hydro from NSW and Victoria

Energy acquisition news : The Australian government has struck a deal worth more than AUD6 billion ($4.65 billion) with the New South Wales (NSW) and Victorian governments to buy out their stakes in Snowy Hydro, More...

By businessnewstoday On Thursday, February 22nd, 2018

US pharma giant Merck to buy Australian biotech company Viralytics for $394m

Merck acquisition of Viralytics : US pharma giant Merck has made an AUD 502 million ($394 million) deal to acquire Viralytics, an Australian biotech company focused on developing oncolytic immunotherapy treatments More...

By businessnewstoday On Monday, February 5th, 2018

AGL Energy breaks ground on Barker Inlet Power Station in South Australia

AGL Energy has broken ground on its AUD295 million ($234 million) Barker Inlet Power Station, a gas fired power plant with a capacity of 210MW, located in South Australia. The new gas fired power plant of the Australian More...

By businessnewstoday On Friday, January 26th, 2018

Nexif Energy breaks ground on Lincoln Gap Wind Farm in South Australia

Wind industry news : Nexif Energy, an independent power producer has broken ground on its Lincoln Gap Wind Farm, a new 212MW Australian wind farm project being built near Port Augusta in South Australia with an More...

By businessnewstoday On Tuesday, December 26th, 2017

AWE settles for $403m offer from mining service provider Mineral Resources

Energy acquisition news : AWE, an Australian oil and gas company has agreed to a sweetened takeover proposal of AUD 526 million ($403 million) from mining services provider Mineral Resources Limited (MRL). AWE, More...

By businessnewstoday On Tuesday, November 14th, 2017

Shell to exit from Woodside Petroleum in $2.7bn deal

Energy industry news : Oil and gas giant Royal Dutch Shell has entered into an agreement to divest its stake of 13.28% in Woodside Petroleum, an Australian petroleum exploration and production company for $2.7 billion. Shell More...

By businessnewstoday On Monday, November 13th, 2017

Nexif Energy all set to build 212MW Lincoln Gap Wind Farm in Australia

Wind Industry News : Nexif Energy is all set to go ahead with the 212MW Lincoln Gap Wind Farm in Australia having reached financial close on first stage of the onshore wind project. Nexif Energy is a joint venture More...