Yesterday
Looming threat to curb Queensland LNG exports spurs new drilling
The concern among Queensland’s LNG exporters about a crackdown on Asian sales contract renewals is pushing them to drill for new gas to supply domestic customers.
This Month
Transgrid seeks government support for vital $700m grid investment
Transgrid CEO Brett Redman says the company needs NSW government and regulatory support to proceed with investments without blowing-up its credit rating.
Forrest’s Squadron takes swing at APA in secret ministerial submission
In a secret ministerial submission, Squadron complained that APA is creating a false sense of security amid plans for LNG gas to be imported to the south-east.
Rio Tinto solar, battery deal in Queensland to spur $2b investment
Edify Energy will build two large integrated solar and battery systems to supply Rio Tinto’s aluminium operations in the Gladstone region.
Activist shareholder group to reject Woodside directors at AGM
Former Shell Australia chair Ann Pickard and ex-WA treasurer Ben Wyatt are among the directors being opposed for re-election due to climate risks and poor returns.
Kraken’s new CEO makes his big pitch for the energy market’s future
The hi-tech utilities technology platform has driven enormous growth at Octopus, the London-based energy company backed by Origin Energy and Aware Super.
Future Fund set to buy into Transgrid amid hefty energy transition bill
Future Fund is preparing to invest in TransGrid at a time when it has faced pressure from the Labor government to consider three national priorities – housing, renewable energy and infrastructure.
First lady of wind power leans in to discomfort
Failure, courage and empathy are the secret to success of these executives in energy and sustainability.
Teals must support renewables ‘at an industrial level’
Green energy players say it is not enough for Climate 200-backed candidates to support rooftop solar and EVs, they need to get behind mega-projects like wind farms too.
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.
Trump won’t hurt Australia’s net zero investment but uncertainty might
Senior figures in the energy industry say the US administration’s abandonment of climate change goals will not alter a path away from fossil fuels.
Victorians warned to expect energy shortages and higher prices
Victorians face a catastrophic risk of energy shortfalls and more than doubling of prices over the next 10 years, according to modelling released by Infrastructure Victoria.
Why Queensland gas is not going down the drain
The state produces enough gas for domestic demand, LNG exports and has extra gas to send south during winter.
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”.
Victoria warned about risky funding to revive wind farm plans
The Allan government is being warned not to use a contracts-for-difference funding model to revive its plans for the struggling Gippsland offshore wind farm zone.
Dutton’s nuclear gamble short on detail, but voters don’t seem to care
The Coalition does not really want to talk about the practicalities of establishing nuclear energy in Australia. The question is: does anyone?
Seven new banks in Zenith Energy’s lender line-up
It comes after sell-side advisers RBC Capital Markets and Azure Capital last month asked shortlisted bidders to resubmit first-round offers by the end of March.
February
ACCC picks fight with gas exporters over domestic supplies
Competition cop Gina Cass-Gottlieb says Queensland gas exporters plan to use increasing amounts of domestic gas to meet commitments to foreign buyers.
Twiggy’s Time Magazine puff piece: a hat-trick of hot air howlers
You wouldn’t know from the puff piece TIME magazine ran on Andrew Forrest that the green hydrogen dream suffered a hat-trick of setbacks last week.
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.
BP to abandon pledge to cut oil and gas output as boss fights for group’s survival
CEO Murray Auchincloss has promised a “fundamental reset” to boost performance after it emerged US hedge fund Elliot had built a near 5 per cent stake in the firm.
Frustrated Woodside wants to step on the gas
CEO Meg O’Neill is optimistic about a big future for oil and gas projects despite lacklustre share price and contradictory messages from governments and investors.