IG Energy and former subsidiary IG Power — now owned by Czech investment firm Sev.en — are fighting over a $3.5 million surplus from the administration of IG’s interest in the Callide Power Station in Queensland.
A shareholder of gold and lithium exploration company TG metals has won its bid to inspect the company’s books over concerns about two capital raisings that occurred within six weeks of each other.
A judge has granted a 30-year suppression order shielding the names of individuals in a case over the Environment Minister’s decision to declare a section of the McPhillamy’s gold mine project heritage protected.
BHP has reached a $3 billion agreement with BlackRock for the asset manager’s Global Infrastructure Partners to take an interest in Western Australia Iron Ore’s inland power network.
A judge has approved a $110 million settlement in a class action against BHP over the collapse of a tailings dam, and has OK’d fees and commission reducing the sum by 50 per cent, despite concerns the costs were excessive.
Snowy Hydro has been joined to former senator and self-styled ‘transparency warrior’ Rex Patrick’s case seeking documents on the $12 billion Snowy 2.0 renewables project.
Delta Power & Energy, the owner of the Vales Point coal-fired power station in NSW, will defend ASIC proceedings accusing it of manipulating the market for electricity futures contracts by arguing that it acted honestly.
A community group has lost a legal challenge to a 50-60 km underground pipeline that will connect Santos’ $3.6 billion Narrabri gas project to the Hunter gas pipeline.
An AGL-backed consortium has pulled the plug on the 2.5 gigawatt Gippsland Skies offshore wind energy project in Victoria, citing economic concerns.
Chevron Australia and its joint venture partners behind the Gorgon LNG project off the northwest coast of Western Australia have made a final investment decision to begin the third stage of development.