Energy & Natural Resources

A judge has tossed oil company Lighthouse's $600 million suit against the government of East Timor after it failed to provide $1.3 million in security ahead of trial.

Steel trader Macsteel International has won an injunction barring its former chief financial officer from disclosing or using its confidential information, after he downloaded almost 10,000 documents containing sensitive information. 

A "practice of prudence" required a judge to recuse himself from a $1 billion lawsuit over the Callide power station, CS Energy said Monday.

Mineral exploration company AVZ Minerals does not have the funds to defend itself in ASIC proceedings alleging it failed to disclose a critical legal dispute, including a forgery claim, related to a $32 million lithium mine deal, a court has heard.

A former project manager who enlisted two associates to buy 11 million shares in Beacon Minerals before the market knew it had struck gold has been sentenced to one year in prison following a guilty plea. 

Amazon has signed its first standalone battery storage tolling agreement globally, which will support the development of Anza Power's 50 MW/200 MWh battery in Victoria.

A judge has allowed collapsed oil and gas company Timor Sea Oil & Gas Australia to assign its claims against the Commonwealth over  alleged losses stemming from the loss of its petroleum licence rights.

The Australian Energy Regulator has rejected transmission company Transgrid's bid to bill customers an extra $1.2 billion in costs for its EnergyConnect project.

A unit of ASX-listed mining company Equatorial Resources has lost a bid to block its former solicitors Clifford Chance from arbitrating a $5 million costs dispute.

Renewable energy company 1414 Degrees has purchased Vast Solar Aurora, securing control of South Australia's Aurora Energy Precinct in the process.