Archived News for Energy Sector Professionals - April, 2012
BHP Billiton Misubishi Alliance has closed Norwich Park Mine because it’s been losing money for several months, in a move which makes the company the first miner to close a coalmine in Australia since the GFC.
This situation has come about as a result of a combination of lower production, a significant increase in costs and lower coal prices.
The decision to cease production follows a seven week review of the mine’s viability. The review could not establish any immediate remedies that would allow the operation to sustainably return to profitability.
New CEO of the Clean Energy Council appointed
Clean Energy Council appoints UK clean energy pioneer David Green as its new Chief Executive Officer.
$12 million for solar development
The Federal Government has announced close to $12 million in funding to bolster developments in the solar technology sector.
Chevron starts Wheatstone recruitment drive
Chevron has launched its first major recruitment drive to find operations personnel for the company’s $29 billion Wheatstone liquefied natural gas project.
WA passes gas services bill
The Western Australian Government has passed the Gas Services Information Bill, with State Energy Minister Peter Collier saying the legislation will play a key role in securing the state’s gas supply and security.