Pilot Energy collapses into administration – Business News Australia
Pilot Energy collapses into administration Business News Australia Read the original article here
Pilot Energy collapses into administration Business News Australia Read the original article here
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The shock collapse of an award-winning wine label in South Australia has dealt another blow to the country’s floundering industry, as makers face an uphill battle to attract younger customers. Heartland Wines, a red wine producer located in Norwood in Adelaide’s east, collapsed into voluntary administration with debts totalling $3.6 million. Heartland Wines appointed administrators…
ASX-listed Pilot Energy called in administrators on Tuesday, casting doubt on its plans to use the shuttered Cliff Head oil platform off the WA coast for carbon storage. This would leave the Australian Government with a $200 million clean-up bill that it has said will be borne by the oil and gas industry. However, federal…
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