This Month
BP puts its $600m Perth clean fuel refinery plans on ice
The British petroleum giant had expected to decide on the development later this year, but said on Monday that it would delay work on the project.
- Updated
- Tom Rabe
January
Exxon accuses Forrest-linked charity of helping billionaire’s interests
The oil and gas giant has described philanthropic organisations connected to the businessman as “corrupting influence of foreign money”. They deny those claims.
- Tom Rabe
August 2024
- Updated
- Earnings season
Power grid foils Ampol’s big EV charger plans
One of the country’s largest petrol retailers says it has become more difficult to connect to the power grid, at the same time as sales of EVs are sluggish.
- Updated
- Ben Potter and Simon Evans
July 2024
Big Glencore shareholders want to keep coal
An influential group of Glencore shareholders want the company to abandon a plan to spin-off its coal division, and allocate those earnings to new avenues of growth.
- Peter Ker
Japan’s Chugoku puts its share of $1.1b Boggabri coal mine up for sale
The electricity retailer owns 10 per cent of the NSW operation, and it is the latest Japanese coal industry cornerstone firm to exit.
- Peter Ker
June 2024
Japan’s Itochu delays plans to exit Australian thermal coal
The conglomerate joins Glencore in reassessing its decision to exit the fossil fuel with energy security prioritised amid rising geopolitical tensions.
- Peter Ker
May 2024
The $13.6 trillion question: how do we pay for the green transition?
The private sector will have to provide about 70 per cent of climate finance globally, and the heat is building on governments to deliver policies that do that.
- Attracta Mooney
April 2024
- Opinion
- Aviation
Sustainable aviation fuel has been a talkfest for far too long
For a government that has flagged its commitment, there is surprisingly little policy. Australia still produces no SAF – and has no fully funded projects.
- Ayesha de Kretser
Bet ‘significant’ public money on renewables stakes: Combet
The incoming chair of the nation’s sprawling $212 billion Future Fund says it’s time to return to public investment in green energy.
- Jacob Greber
March 2024
Why Formula 1’s fuel is going green
Pat Symonds wrote the rules that will compel Formula 1 cars to run on carbon-neutral fuel from 2026. Big oil companies are now racing to find solutions.
- Peter Ker
February 2024
Ampol shares surge to record high
Australia’s largest fuel supplier surged following a strong full-year result featuring a higher than expected special dividend to investors.
- Elouise Fowler
This low-emissions truck runs on recycled cooking oil
Biofuels are emerging as stopgap fuel for hard-to-abate sectors such as heavy transport, aviation and industrial processing.
- Agnes King
- Updated
- Emissions
Labor puts carbon cap on new cars, industry revives ute fears
New utes and four-wheel drives could be phased or priced out of the market before there are genuine electric alternatives under Labor’s new rules, motoring groups warn.
- Phillip Coorey
December 2023
Australia will adopt ‘Euro 6’ fuel standard by late 2025
Labor says the move will increase the price of petrol by a modest 1¢ per litre, but allow importers to sell more efficient vehicles already common in Europe and elsewhere.
- Jacob Greber
- Opinion
- Energy transition
COP28 puts the heat on energy transition
The conference’s proposed measures could put the world back on course in its climate change response. What we need to see now is action from leaders in politics and business.
- Kerry Schott
Qantas calls on Canberra to back sustainable aviation fuel industry
The airline says federal support for a local sustainable aviation fuel could help airlines decarbonise and unlock new revenue streams for Queensland cane farmers.
- Gus McCubbing
This CEO of a $6b company was told he ‘could do better’ at school
Whitehaven chief Paul Flynn may not have been an enthusiastic student, but he learnt to debate around the kitchen table with his parents and eight siblings.
- Sally Patten
November 2023
7-Eleven Australia’s family owners sell for $1.71b
Convenience and petrol retailer 7-Eleven’s Australian arm has been sold to its Japanese parent company after a hard-fought auction run by Azure Capital and Ashurst, Street Talk can reveal.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Oil boss lashes reports of side deals at COP28
Sultan al-Jaber angrily denies using diplomatic meetings to push business interests, as no-shows from top world leaders put the climate summit under pressure.
- Hans van Leeuwen
- Opinion
- The AFR View
Sharpen up to seize the critical mineral opportunity
Becoming the premier destination for mining investment needed for the energy transformation requires national recognition of what this would take, starting with the federal government.
- The AFR View