This Month
London fintech fund Apis presses the flesh Down Under
With almost $4 billion in assets under management, the investment firm’s executives say they are in “advanced stages on a number of investments”.
September 2024
Drifting former telco turned Austrian miner gets unstuck in Mongolia
Jade Gas has bounced around for three decades, and is trying its luck with coal seam gas in the ex-communist country. Could this be the ASX’s next gas giant?
April 2024
Sims questions solar panels as report sounds alarm on coal jobs
The green energy advocate’s caution comes as Labor looks to fund early retirements of coal power station workers, some earning up to $170,000 a year.
November 2023
Gas critical to renewables transition, says Bowen
Labor’s forecast has angered environmental campaigners and many teal independents who want an accelerated exit from the energy source.
Labor gas project bill blocked as deal comes undone
Fossil fuel group urges the Coalition to back Labor’s “sea dumping” legislation to enable carbon capture and storage projects like Santos’ Barossa.
October 2023
Demand for fossil fuels will peak by 2030: global energy body
The IEA’s annual report warns that avoiding catastrophic climate change requires a 30 per cent cut in extraction of oil and gas by 2030.
September 2023
Shell Queensland boss unable to rule out future LNG export hits
The oil giant’s east Australia senior vice president says the federal government’s gas code will weigh on plans to further invest in this country.
August 2023
Gas storage sites tie Labor to tech opposed by teals and activists
Labor has released a new group of potential offshore carbon capture and storage sites in a move that has angered climate activists who want the technology blocked.
Labor waters down support for carbon capture and storage
The party’s revised platform offers only limited and conditional support for technology the gas industry says is vital to a net-zero future.
Tri-Star lifts stake in Qld gas play after $20m raise
The Queensland gas pioneer is now Omega’s second-largest shareholder behind the Flannery family’s Ilwella Group.
NT chief at odds with Albanese over live animal export ban
Natasha Fyles says live animal exports provide economic opportunities as well as a source of food for Australia’s neighbours.
May 2023
Bowen warns on the ‘most pressing issue’ in the energy transition
Minister’s wake-up call comes as the head of the country’s state-owned green bank says the pace of new renewable energy developments is too slow to meet ambitious targets.
Renewable heavyweights seek offshore wind licences
Copenhagen Infrastructure Partners, Orsted and Shell join Origin Energy and Macquarie seeking licences to develop wind farms in Gippsland.
April 2023
AGL shuts down Liddell coal power station
The closure ends coal power generation at the site for the first time in more than 50 years, amid heightened concern about the pace of developing new renewable energy generation.
Labor U-turns on gas price rules but supply fears linger
Concerns about an investment freeze have forced the government to backflip its plan to impose a “reasonable price” limit on east coast gas producers.
Origin gives green light to $600m Eraring battery
The development of the battery will ease concerns about the storage capacity of Australia’s National Electricity Market.
Offshore gas explorer presses its case with new NSW Labor government
Asset Energy, which controls the PEP-11 offshore exploration zone off Newcastle, is amping up its bid to continue exploring the site under a new NSW government
March 2023
Australia’s gas policies threaten world peace, says Japanese giant
The boss of Japanese gas giant Inpex has accused Australia of “quiet quitting” LNG production and undermining global democratic order.
Gas the loser after Greens back Labor’s carbon plan
Almost $60 billion in gas investments face having to spend billions on offsets and carbon capture technology under a landmark Labor deal with the Greens.
NSW mulls offshore wind targets for the state, buoyed by advice
The state has received a report it commissioned into the potential for offshore wind, and the sector expects a generation target could be imminent.