Page 2 - Lockyer Deep News Today

The battle for control of WA’s gas resources has intensified as MinRes appeals directly to shareholders of Norwest.

American energy giant Chevron was expected to restart production at its WA gas plant Wheatstone on Tuesday at a fifth of its nameplate capacity, with the state facing a 25 per cent fall in domestic supply and leaning on storage as well as reduced usage.

The takeover battle for onshore gas assets in the Perth Basin comes amid warnings about a shortage in supply in WA, where the mining and downstream processing industries have come to rely on cheap energy.

Billionaire Chris Ellison has cast a big shadow over the takeover battle unfolding over Warrego Energy as he eyes greater control over onshore gas assets in the Perth Basin.

Chris Ellison’s Mineral Resources is talking up its takeover bid for Norwest Energy as Gina Rinehart continues to slug it out with Strike Energy in the battle for Warrego.

Gina Rinehart, the nation’s richest person, has stepped up her efforts to win enough investor support to take control of WA gas explorer Warrego Energy.

Gina Rinehart’s Hancock Energy has taken aim at its rival bidder in the takeover battle for Warrego Energy.

Billionaire Andrew Forrest has increased his hold on Mincor Resources as part of a big spending push into battery mineral and renewables assets.

Mining billionaire Chris Ellison’s Mineral Resources is set to lob a $403 million off-market bid for oil and gas explorer Norwest Energy.

Mining giant Mineral Resources (ASX: MIN) has revealed plans to make an off-market bid for the remaining stake in oil explorer Norwest Energy (ASX: NWE), adding to its existing 19.9% stake in the company.