This Month
Renewables logjam hits NSW transmission grid
A disconnect between federal and NSW tender processes for new renewable energy projects has left a wind project controlled by billionaire Andrew Forrest stranded.
Quinbrook plots $3.5b investment in giant batteries
Managing partner David Scaysbrook says cutting the cost of round-the-clock renewable power was key to Australia delivering on its “green superpower” ambition.
Woodside targeted by activist complaint to ASIC over oil forecasts
Woodside might have misled investors over oil demand forecasts it used to justify an $11.6 billion oil project in Mexico, an activist shareholder group alleges.
Massive gas drilling program approved in Bass Strait
ConocoPhillips’ junior partner in the venture said it was “very unusual to see a drilling program of this size”.
February
Snowy 2.0 dig shut down after shrapnel flies from fan
The incident could cause further delays to the project, which has been plagued by overruns including when the tunnel boring machine was bogged for over a year.
‘Big water battery’ wins backing in NSW storage tender
The success of a $1.8 billion project near Mudgee in a NSW underwriting tender for clean energy comes amid mounting evidence that pumped hydro can be difficult and costly.
Petrol station owner Viva Energy smashed as 2025 outlook disappoints
The owner of the Shell-branded network has suffered a heavy sell-off in its shares after underwhelming analysts with its guidance.
Woodside laments NW Shelf future under minority government ‘nightmare’
Meg O’Neill said consumers would suffer if the Greens and teals demand the North West Shelf gas venture closes in 2030 as a condition for supporting a minority Labor government.
Qld urged to flip giant power line project to save money
The state-owned company in charge of delivering an enormous transmission line in Queensland has asked the government to approve a change in direction for a project blasted by APA Group as economically “horrendous”.
EnergyAustralia owner would rather contract green power than build it
Parent CLP Group is “open-minded” about funding options for transition projects at EnergyAustralia, which needs to be self-funding, CEO Chiang Tung Keung says.
Ampol says transition ‘challenging’ as fuel demand hits record
Slow grid connections are delaying the rollout of EV charging sites, says CEO Matt Halliday, after the fuels supplier posted a slump in full-year profit.
APA eyes $2b gas grid expansion to avoid ‘disastrous’ LNG imports
The five-year plan will allow a 24 per cent increase in the gas piped south from Queensland and comes as the company posts a slump in bottom-line earnings.
US giant MidOcean linked to Barossa gas stake interest
Santos boss Kevin Gallagher says he is not surprised by interest from outside suitors.
Qld may shrink $18.4b hydro project to save venture
The Crisafulli government is considering scaling down the Borumba storage project after a blowout in costs in latest setback to Queensland’s energy transition.
Pacific Green flags more battery sales after $460m Palisade deal
The US-based vendor regards its role as rapidly developing large-scale batteries to support the energy transition before selling them to infrastructure funds.
Labor stand-off threatens $100b offshore wind rollout
At the heart of the dispute is where to develop the port facilities that would support the assembly and servicing of a field of huge turbines off the Gippsland coast.
Labor’s delay on North West Shelf gas decision ‘political’: opposition
The decision had been due by February 28 but will now come by March 31, after the elections in Western Australia.
Santos CEO urges government action to clear path for Narrabri gas
The plea comes after energy ministers tasked department officials to advise on how to tackle the escalating gas supply crisis in the south-eastern states.
Revival of US LNG project complicates Woodside’s Louisiana purchase
The first gas venture granted an export licence by the Trump administration had a supply deal with the ASX-listed giant – which now has its own nearby project.
Woodside shares hit amid worries on costs, dividends
Guidance provided by the oil and gas producer on field restoration costs also was much higher than anticipated, one analyst said.