Today
No extra gas for domestic market under Dutton plan: industry
The sector has changed its criticism of the Coalition’s energy policy from complaining it would create a glut, to arguing it would create a shortfall.
Tariff war compounds fear over transmission cost blowouts
Evidence is clear that big energy projects are already costing more and more, and the breakdown of global trade will worsen it. But there is a silver lining.
This Month
‘Double whammy’ hits oil companies on price rout
A 15 per cent slump in crude prices since Wednesday has triggered a brutal sharemarket sell-off, putting producers on high alert and making investors nervous.
Woodside sells stake in Louisiana LNG export terminal in $9.5b deal
New York-based private investor Stonepeak will buy 40 per cent of the project and contribute $US5.7 billion to building the export facility.
Woodside CEO: too expensive to make deep cuts to carbon emissions
Meg O’Neill said investments in carbon capture to cut emissions at LNG plants were still $US200-$US500 a tonne, too high to be worthwhile for shareholders.
Chinese $800m-plus solar deal collapses after FIRB delays
Lightsource bp is now seeking an alternative buyer for five Australian solar farms after ending a deal to sell to Beijing Energy International.
Gas to qualify as ‘critical mineral’ under Coalition
Natural gas would rank alongside lithium in being eligible for funding from the $4 billion critical minerals facility, shadow resources minister Susan McDonald said.
Gas policy ‘taken over by activists’: Beach CEO
Brett Woods also took aim at politicians opposing local gas supply projects that are forcing the industry towards more emissions intensive and expensive imports.
Korean giant strikes out at gas intervention
Kogas has questioned whether it can still rely on its contracts to buy Australian LNG, given mounting government intervention in the domestic gas market.
March
Federation plots a path from asset manager to batteries developer
The investment firm is launching a multi-billion dollar platform that will specialise building and operating large, long-duration storage.
Santos breaks ranks on Dutton’s gas plan
The gas producer looks set to emerge as a winner under the Coalition’s gas policy, despite it being widely blamed for the risk of shortages on the east coast.
Record winter gas shortfall is coming: ACCC
Ensuring Queensland’s LNG exporters divert unsold gas to the local market will be critical to avoid supply shocks, the watchdog said.
Santos Barossa delay feared as politics envelops gas
The deferral of a ruling on the North West Shelf venture has stoked fears that other gas projects will also fall victim to the fractious politics around the fossil fuel.
Asia’s hydrogen hopes in Australia suffer another blow
Korea’s largest electric utility has failed to secure funding from the federal government’s Hydrogen Headstart for a project in Newcastle.
WA Labor softens criticism over North West Shelf delay
The decision on whether the huge Woodside-run gas venture can run for another 40 years could end up being made by a minority government.
Succession question swirls around Santos chief executive
Kevin Gallagher will mark a decade at the oil group next year and analysts, fund managers and a proxy adviser want answers on who will eventually replace him.
Gas producers wary of plan to reserve domestic supplies
Any plan to reserve gas would do little to avert a shortage threatening south-east Australia later this decade, industry executives say.
Victorian energy shortage fears drive $400m investment in gas venture
Buyer interest and higher prices provide confidence in what is the largest new project in the south-east, said Amplitude Energy chief executive Jane Norman.
Brookfield defies Trump pushback on energy transition
Brookfield, the largest owner-operator of renewables generation in Australia, says global green energy investment is unstoppable despite the return of Trump.
$800m pledge keeps Labor green hydrogen dream alive
The green fuel sector got a shot in the arm after the federal government committed more than $800 million in production incentives to a green hydrogen project.