February
GenAI helps engineers cut response time from weeks to minutes
Worley is using the technology to reduce the time it takes to draft responses to complex customer queries by parsing the firm’s extensive technical database.
October 2023
Bowen’s $387b nuclear price tag ‘doesn’t make sense’
A Westinghouse Electric executive argued bringing nuclear into the energy grid could be done far more cheaply, as the Coalition said it would consider overturning the ban.
October 2022
‘Australia needs a market price on carbon’: Liveris
Failure to launch a market price on carbon will undermine many of Australia’s efforts to decarbonise its economy.
June 2022
How flexibility has helped women’s roles grow
Viva Energy is one of several large Australian companies considering ways to make jobs in sectors that typically need to be performed on-site more flexible.
March 2022
Boris Johnson fetes Aussie companies’ $50b UK investment plans
Keen to highlight the dividends of Brexit, the British PM brought top Aussie CEOs to Downing Street to egg on their planned investments in UK infrastructure.
Class action appeal win for Worley shareholders
An appeal court has revived a class action against Worley over an optimistic earnings forecast in 2013
September 2021
CEOs say surer path to new normal will ease business pressures
Top executives reckon a surer path to the new normal will ensure jab rates stay high and ease pressure on their businesses after surprise GDP growth.
August 2021
Dalrymple Bay coal terminal explores green hydrogen
The Queensland coal terminal operator is exploring the possibility of building a green hydrogen plant to reassure investors it will not become a stranded asset.
June 2021
BHP, Worley still have Teneo on the books
Declan Kelly’s fall from grace poses questions for Teneo’s local clients.
Energy stocks extend ASX’s record-breaking streak
Australian shares closed at another record high on Thursday supported by the energy sector and gains from all four major banks.
May 2021
October 2020
It's Worley's AGM but Dar Group's move
Unfortunately for Worley, Dar Group's existing stake means that when it comes to AGMs, the arithmetic isn't on its side.
July 2020
Worley pays $20m to buy out JV
The engineering group has taken full control of TW Power Services, which maintains wind farms.
Ventia taps Investec for Broadspectrum unit sale
There's no flies on CIMIC and Apollo Global Management's services business Ventia.
May 2020
Chief executives are OK with #WFH
Companies are not expecting everyone to rush back to the office as restrictions ease around Australia.
Worley won't send 46,000 people back to the office
Chief executive Chris Ashton says the company no longer has to employ people in specific locations; it can hire people from around the world after the COVID-19 opened "the talent door".
April 2020
Worley slims down as oil prices tank
The engineering group has cut its global workforce by 3000 people as COVID-19 reduces demand for oil.
CEOs gear up to take on disruptors
Large businesses previously threatened by disruptive new players could emerge from the crisis in a stronger position to compete because of the digitisation priorities imposed by the shutdown.
March 2020
Coal mine expansion 'even more' important
With economists forecasting up to 750,000 jobs could go, Federal Resources Minister Keith Pitt says the Queensland government needs to "step up" and approve New Hope Coal's $900 million Acland mine expansion.