Today
Indigenous leader says activists hijacked North West Shelf rock art
The chairman of a major Aboriginal corporation has lashed environmentalists for undermining a bid to recognise ancient rock art in WA’s North West.
ESG’s social licence gone like green hype. That’s OK
How you split “ESG” from sustainable earnings is beyond us. ESG isn’t dead, it has just evolved.
Environmentalists launch suit to quash North West Shelf approval
A rock art preservation group backed by the Holmes à Court family matriarch has launched a challenge to overturn WA approval of Woodside’s North West Shelf extension.
Yesterday
Abu Dhabi sets up test for Labor with $36b Santos takeover bid
But the offer for the ASX’s second-largest oil and gas producer has been met with a lukewarm reception from investors, who say the price could be higher.
Australia’s biggest piece of M&A bait catches its dream deal
A trifecta of bids from a trifecta of buyers. Welcome to Santos’ unique world.
Should investors buy oil stocks amid Iran-Israel conflict?
Traders had been positioning for Israel’s attack on Iran, but there is still anxiety that prices could continue to surge well beyond $US100 a barrel.
Santos’ $36b mega-deal creates a mega-test for Jim Chalmers
The company has landed the largest ever cash deal in the global energy sector. The only problem is getting the bid past the FIRB and the treasurer.
BHP and Rio’s hopes for carbon millions dashed by sceptical officials
The country’s two biggest miners wanted approval to generate lucrative credits for storing carbon in mineral waste and producing diesel from trees.
This Month
Why Saudi Arabia raised oil output before Israel’s attack on Iran
After holding back supply for almost three years to push prices higher, the output curbs are no longer having as much impact, say analysts.
‘Bailing out bad decisions’: Queensland slams Victoria over gas supply
Any hopes of pulling more gas from the north was shot down by the Liberal-National government in Brisbane, which is fed up with southern energy policies.
Woodside seeks more time on North West Shelf response
A deadline for the gas giant to respond to the government’s conditional approval of the mammoth North West Shelf gas facility is about to run out.
Victoria uses 13pc of entire year’s gas budget in just three days
Breakdowns at a major coal power plant and weak renewable energy generation have left the state running down its stores faster than expected in a cold winter.
Minns confirms talks to save Tomago aluminium smelter
NSW Premier says the Rio Tinto-owned plant is an important employer that his government is looking to help with an “effective intervention”.
Outage at power station broadens Victoria’s energy crisis
The disruption at EnergyAustralia’s Yallourn coal power station comes as Victoria is already facing the risk of winter gas shortfalls on peak-demand days.
Australians are upset about gas prices. This chart shows why
Western Australia reserves a portion of its export gas for domestic use – and has some of the lowest prices in the world.
Rio pushes for ‘eye-watering’ Tomago bailout
Australia’s largest electricity user is seeking billions in direct government support to cover spiralling power costs.
‘Not about being dishonest’: D’Ambrosio says grid bill still unknown
Victorian Energy Minister Lily D’Ambrosio says cost of the multibillion-dollar renewable energy plan will be known only when all contracts are signed over the years.
AI drives surge in fossil fuel investment
The energy requirements of artificial intelligence technologies such as ChatGPT are increasing demand for gas-powered electricity generation, a new report says.
Albanese praises Western Australia’s gas reservation policy
The Albanese government will conduct a review energy policy including whether a portion of gas produced on the east coast should be reserved to avoid energy shortages.
Nuclear policy was at odds with Lib philosophy: Paterson
Opposition finance spokesman James Paterson has put the Coalition’s nuclear power policy to the sword .