Energy & Natural Resources

A judge has tossed a case by Singaporean commodities trader UIL, finding it did not have binding agreements to buy 500,000 metric tonnes of coal annually from two NSW coal miners controlled by Jindal Steel.

In their defences to a shareholder class action, Mineral Resources’ and founder Chris Ellison have denied that two payments totalling $3.8 million needed to be disclosed to the market as related party transactions.

Perth Airport will pay United Petroleum $8.7 million after the company built a larger petrol station on the basis of the airport's representations that the Qantas terminal would be relocated. 

Oil and gas company Beach Energy has agreed to pay $43. 5 million to settle a shareholder class action on the eve of trial.

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. 

Privately-owned oil and gas exploration company Timor Resources has filed proceedings against its founder and the company's accountant, seeking access to deleted emails and Whatsapp messages.

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.