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Michael McCormack’s Nationals and Scott Morrison’s Liberal Party have the lead in donations over Anthony Albanese’s Labor Party.

Liberals, Nationals outpace Labor in race for donations ahead of next election

The federal Coalition has drawn in about $14 million more than Labor in political donations in the lead-up to the next federal election.

  • David Crowe and Nick Bonyhady

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The COVID-19 pandemic and falling oil production mean there is less demand for Worley's engineering services.

Worley sheds 3000 jobs as energy companies press pause on projects

ASX-listed engineering services provider Worley has cuts jobs and shored up its balance sheet, as the global economic slump dents it project pipeline.

  • Supratim Adhikari
CBA CFO Alan Docherty, left, and CEO Matt Comyn, at full year results on Wednesday. The bank's market capitalisation increased by $11 billion this week to $161 billion.

ASX nears record high as bank rally drives solid gains

The local bourse had ended the week firmly higher and just shy of a record close, as a surge in banking stocks drove CBA to a five-year high.

  • Lucy Battersby
Chris Ashton will replace Andrew Wood as Worley's CEO at the end of February.

Worley's new CEO Chris Ashton to focus on clean energy transition

Worley's new CEO, Chris Ashton points towards the transition to renewable energy as a key focus of his tenure.

  • Madeleine Bower
"We are pleased to continue our relationship with NPPA and help Egypt develop its nuclear industry to meet the world's changing energy needs.": Worley CEO Andrew Wood.

Worley to consult on Egypt's first nuclear plant

ASX-listed energy services firm Worley Limited has announced it will consult on the construction of Egypt's first nuclear power plant.

  • Patrick Hatch
Worley CEO Andrew Wood (left) received a $480,000 cash bonus for completing the takeover of Jacobs' energy business approved by chairman John Grill (right.)

Worley cops first strike as chairman warns on Dar Group creep

WorleyParson's chairman has hinted an increased stake by Beirut-headquartered Dar Group in the company could drive away uneasy customers;

  • Yan Zhuang
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Centre Alliance senator Rex Patrick has launched an inquiry into oil and gas companies paying "very little" or "no" tax.

Centre Alliance senator Rex Patrick backs Worley against Dar takeover

Centre Alliance senator Rex Patrick has backed Worley in its fight against moves by major shareholder Beirut-based Dar Group.

  • Yan Zhuang
WorleyParsons grows with $4.6b acquisition

WorleyParsons grows with $4.6b acquisition

Engineering group WorleyParsons is set to almost double in size after agreeing to acquire Jacobs Engineering's energy, chemicals and resources division in a $4.6 billion deal.

  • Stuart Condie
WorleyParsons, Navitas to incur charges for US tax overhaul

WorleyParsons, Navitas to incur charges for US tax overhaul

WorleyParsons and Navitas have said they would incur one-off charges following the recently passed tax legislation in the United States.

Original URL: https://www.smh.com.au/topic/wor-1oj