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APA Group

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AER releases draft decision on Basslink

Progress Report

  • Dec 17, 2024
  • 2 pages

Ceasing to be a substantial holder

Ceasing to be a substantial holder

  • Dec 13, 2024
  • 21 pages

Change of Director's Interest Notice - Samantha Lewis

Change of Director’s Interest Notice

  • Dec 12, 2024
  • 2 pages

View all APA announcements

This Month

APA’s AGM in October attracted protesters concerned about the development of Beetaloo gas.

New pipeline unlocks Beetaloo gas for NT customers in 2026

A deal signed with pipeline owner APA Group looks set to stoke controversy over the development of a massive new onshore gas resource.

  • Angela Macdonald-Smith
A BHP pilot boat near the mining giant’s iron ore facilities at Port Hedland in the Pilbara.

The Pilbara plots its path from diesel to clean, green mining

Port Hedland is bang in the middle of the country’s industrial engine. There are ambitious plans to decarbonise with miles of transmission and new generation.

  • Angela Macdonald-Smith
UniSuper investments chief John Pearce is done with APA Group.

Goodbye, APA! UniSuper sells leftover $340m stake in pipelines giant

It’s been a block bonanza for fund managers and investment banks this week, as founders and institutional investors seek to cash out before Christmas.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
APA’s Port Hedland solar farm and battery project will help BHP cut emissions from its port operations.

APA plots path from gas to become a Pilbara solar and batteries giant

The company, which opened its latest electricity project in Port Hedland on Tuesday, expects to tick off on more investments in the region within a year.

  • Angela Macdonald-Smith

October

Zenith Energy designs, builds and operates power solutions for remote mine sites.

Energy heavyweights banker up for $2b Zenith Energy auction

A couple of sector gorillas have mandated financial advisers for help with due diligence and funding.  

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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APA chairman Michael Fraser (left) and CEO Adam Watson at the AGM in Sydney on Thursday.

UniSuper won’t back up claims it sold APA on gas worries

Dissatisfaction about APA shares trading near a 10-year low added to the complaints voiced by investors at the fiery AGM, which was dominated by concerns over Beetaloo gas.

  • Angela Macdonald-Smith
John Pearce, chief investment officer of UniSuper.

UniSuper launches $500m block in APA Group; JPMorgan on ticket

The $9.9 billion gas pipelines giant’s largest shareholder, UniSuper, pulled the trigger on a $500 million sell down on Thursday evening.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
APA Group CEO Adam Watson in Sydney in February.

Relief rally for APA on gas pipeline decision

Energy-intensive manufacturers say the ruling still leaves them worried about supply shortages in the southern states.

  • Angela Macdonald-Smith
Queensland gas producers have to use APA Group’s pipeline if they want to sell gas into south-eastern markets. But not even they wanted the pipeline regulated more heavily.

Sanity prevails as gas players fight back against heavier regulation

Pipelines owner APA secured a win for big business fighting the threat of heavier regulation. It didn’t do it alone.

  • Anthony Macdonald

September

APA is studying pipelines that would transport gas from exploration ventures in the Beetaloo Basin in the Northern Territory.

UniSuper faces uprising from scientists over its support of gas

More than 1000 members of the $140 billion industry super fund have signed a letter to its board demanding it leverage its influence over APA Group or risk greenwashing.

  • Hannah Wootton
One of Zenith’s recent projects include building a hybrid offsite plant for Liontown Resources’ Kathleen Valley.

PEP, OPTrust call in bankers for $2b Zenith Energy play; refi first

The immediate task at hand is to rustle up a refinancing for Zenith, which wants to upsize its borrowings from about $760 million to $1.3 billion.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

August

APA CEO Adam Watson said the pipeline owner is balancing the dividend payout with the need to retain cash for growth investment.

APA Group says customers to pay if pipeline regulated

The gas operator’s chief executive Adam Watson says a decision to subject a key Queensland pipeline to full price regulation will hit customers with higher bills.

  • Angela Macdonald-Smith
Former AFL chief executive Gillon McLachlan has come out swinging at Tabcorp.

McLachlan just reset Tabcorp’s strategy. It’s smart, but painful

Tabcorp resets investors expectations yet again, Flight Centre’s Graham Turner provides his verdict on airfares, and APA braces for regulatory change.

  • Updated
  • James Thomson and Anthony Macdonald
APA is studying pipelines that would transport gas from exploration ventures in the Beetaloo Basin in the Northern Territory.

APA Group faces activist action over Beetaloo pipeline

A shareholder resolution lodged by Market Forces driven by climate concerns comes as APA’s board is facing the risk of a “second strike” at its October AGM.

  • Angela Macdonald-Smith

March

Exxon’s large West Barracouta domestic gas project came online in 2021.

Australia dropped the ball on energy security: Exxon

Forecast gas shortfalls in the southern states cannot be blamed on Queensland’s LNG exports, one of the east coast’s biggest gas suppliers says.

  • Angela Macdonald-Smith
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Senex CEO Ian Davies says it will soon be too late to address Australia’s gas supply problem.

Gas CEOs dial up warnings as ‘crunch time’ looms

Senex CEO Ian Davies and APA Group’s Adam Watson will warn of a “desperate” need for new gas supply to help cut emissions, and prevent higher costs for customers.

  • Angela Macdonald-Smith

February

New Squadron Energy boss Rob Wheals.

Forrest taps former APA gas guru to run Squadron Energy

Andrew Forrest has hired former APA Group boss Rob Wheals to lead Squadron Energy which is building wind farms and gas plants across the eastern states.

  • Brad Thompson

October 2023

APA CEO Adam Watson says electricity transmission represents a significant opportunity for the energy infrastructure owner.

APA links with French giant to bid for New England energy zone

The new pairing of APA Group and EDF Energy comes amid jostling between companies ahead of the tender for the renewable energy zone.

  • Angela Macdonald-Smith
APA chairman Michael Fraser  and CEO Adam Watson at the AGM in Sydney on Thursday.

APA suffers ‘first strike’ as chairman warns on climate targets

Michael Fraser says Australia risks “sleepwalking into a problem” with its anti-gas policies.

  • Updated
  • Angela Macdonald-Smith
Kevin Gallagher, CEO of Santos at the The Australian Financial Review Energy & Climate Summit.

Santos CEO says the world will never give up fossil fuels

Kevin Gallagher says the US and UK have shifted positions and Australia too will eventually swing away from demonising gas.

  • Simon Evans

Original URL: https://www.afr.com/company/apa-3o