Daily News

capSpire, a global consulting and solutions company serving the energy industry, is pleased to announce the opening of its Australian entity, capSpire Pty Ltd, based in Sydney. capSpire has already worked with a number of clients across Australia over the past five years but is now investing in a formal entity to provide a permanent base from which to conduct its operations in the region. The Australian office will build on capSpire’s international experience and its reputation as the choice advisory, technology delivery and operations support service provider for energy and commodity management organisations across the U.S. and Europe. “capSpire brings something different to the Australian market; Deep energy and commodity domain experience, gained from working with more than 100 of the leading energy players in the world, coupled with extensive technical expertise in delivering successful project and program outcomes for our clients. Our clients tell us that this proven combination of industry and technical expertise is something that they have not experienced in the past,” says Dave Webb, Managing Director. “Now is the right time to expand our footprint in Australia. Our wealth of experience from other regions is highly relevant to the Australian markets. Equally, we have significant experience of working with our clients to successfully deliver market readiness during periods of change. With our extensive vendor partner network across energy management, E/CTRM, digital and analytics domains, we ensure that we bring right fit advice and solutions to our clients. We are very much looking forward to sharing our experience and expertise with clients in the Australian market,” says Mike Scharf, Co-Founder. The establishment of the Australian entity will become capSpire’s seventh global location with existing offices already dotted across the U.S. and Europe and follows on the back of nine successive years of growth. The entity will […]

Greg Evans, Chief Executive Coal has now asserted its pivotal role in the Australian economy – it is our largest export, and it remains the dominant fuel in our energy mix. The export performance is a resounding rebuttal of coal detractors who have repeatedly called the end of this iconic industry due to falling demand. Trade numbers released today by the Australian Bureau of Statistics confirm coal was the nation’s largest single export in 2018. Total coal exports in the past 12 months to the end of December were valued at $66.2 billion up from $57.1 billion in 2017. The next largest export was iron ore which was valued at $63 billion. Historically coal has been Australia’s most significant export contributor, and the latest data signifies a resurgent industry with a positive future. Coal was previously our largest export in 2009. The robust performance of the sector has delivered tangible benefits for all Australians including across the coal regions of Queensland and NSW. The benefits include over 150,000 direct and related jobs and rising tax and royalty collections. Coal royalties provide $5.5 billion directly to those two State governments while overall tax collections and the flow on economic activity has helped improve the Commonwealth budget position. In addition to exports coal also benefits the domestic economy where coal-fired power, including brown coal in Victoria, accounts for over 70% of electricity generation in the national electricity grid. Coal-based generation remains the cheapest and most reliable electricity in Australia. Asian demand for high-quality Australian coal is expected to remain strong with respected industry analyst Commodity Insights recently forecasting the requirement for up to an additional 500 million tonnes of coal per annum comprising both thermal and metallurgical coal by 2030. Australia, however, cannot take the continued industry strength for granted and commercial […]

Yahye Ali from Hand Brake Turn receives the car from Tom Rozsa, Branch Manager of Hydraulink Laverton. A man whose day job with Hydraulink Australia is keeping the wheels of industry turning, recently turned his mechanical knowledge to good use by donating his spare car to disadvantaged people in his locality. Tom Rozsa, Branch Sales Manager in Laverton for the Australasian Hydraulink Group, knew the veteran Mitsubishi Magna he had bought near-new for his wife could be given to a more worthwhile cause than simply being sent to the wreckers, even though it was just sitting in his driveway. “All three of our daughters learned to drive in that car after my wife was finished with it, so the vehicle was kept in good condition. But it was a bit of a boomerang, because when each of the kids got on their feet and bought their own cars, it kept being handed back to me. I thought it would be a waste to take it to a wrecking yard, so I was pleased when a friend of mine told me about Concern Australia’s Hand Brake Turn programme,” said Tom. This partly Government funded organisation aims to help turn around the lives of people who need a helping hand. It takes on young kids who have left school and want to try their hand at mechanical repairs. If a car is donated beyond repair, they use it to pull apart to find out how they work. Social recycling – fix and re-use “Or, in the case of a car in good condition, they restore it to roadworthy. Once done, it is re-registered and then sold to a disadvantaged family or a single parent at the same cost it took to bring it back to spec,” said Tom, who has been involved […]