Business NewsAlthough the choices in enterprise are made by men and women or groups of people today, they have been shown to be significantly influenced by the culture in the organization. Some of the North West Shelf Venture partners may well either sell their stake in the operation or take an equity interest in prospective projects such as Browse as a single prospective answer to obtain backfill liquids for Karratha gas plant in the subsequent decade, according to a report by Wood Mackenzie.

The man who famously led the sea rescue of yachtsmen Tony Bullimore and Thierry Dubois 20 years ago has been employed by the state government to fight to get more defence contract work for the state. Gold junior Spitfire Materials has entered into an agreement to merge with Victoria-primarily based Aphrodite Gold in an all-scrip deal that values the target at about $32 million.

About a third of the town of Port Hedland ought to be blocked from any new residential developments, the state government’s dust management taskforce has encouraged. Seven West Media has been dragged to a complete-year loss of $744.three million by practically $1 billion in write downs and 1-off charges.

Two revitalisation projects not only guarantee to create new tourism precincts, but will also bring beachfront apartment living to the regions. Nearby telecommunications corporation ZipTel has entered into an agreement with London-primarily based Space Digital Media for the provision of its intellectual property (IP) in exchange for a slice of revenues.

Woodside Petroleum has boosted its shareholder payout soon after stronger oil and gas rates and a steady reduction in charges contributed to a sharp lift in its half-year profit. Chevron’s Gorgon project has shaken off last year’s teething concerns to ship at an above-capacity run rate in July, exporting 1.4 million tonnes of LNG in the month, according to the most up-to-date data from consultancy Energy Quest.