Today
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.
This Month
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.
Woodside laments NW Shelf future under minority government ‘nightmare’
Meg O’Neill said consumers would suffer if the Greens and teals demand the North West Shelf gas venture closes in 2030 as a condition for supporting a minority Labor government.
EnergyAustralia owner would rather contract green power than build it
Parent CLP Group is “open-minded” about funding options for transition projects at EnergyAustralia, which needs to be self-funding, CEO Chiang Tung Keung says.
APA eyes $2b gas grid expansion to avoid ‘disastrous’ LNG imports
The five-year plan will allow a 24 per cent increase in the gas piped south from Queensland and comes as the company posts a slump in bottom-line earnings.
US giant MidOcean linked to Barossa gas stake interest
Santos boss Kevin Gallagher says he is not surprised by interest from outside suitors.
Labor’s delay on North West Shelf gas decision ‘political’: opposition
The decision had been due by February 28 but will now come by March 31, after the elections in Western Australia.
Santos CEO urges government action to clear path for Narrabri gas
The plea comes after energy ministers tasked department officials to advise on how to tackle the escalating gas supply crisis in the south-eastern states.
Revival of US LNG project complicates Woodside’s Louisiana purchase
The first gas venture granted an export licence by the Trump administration had a supply deal with the ASX-listed giant – which now has its own nearby project.
Woodside shares hit amid worries on costs, dividends
Guidance provided by the oil and gas producer on field restoration costs also was much higher than anticipated, one analyst said.
Trump says auto tariffs set for April 2, approves LNG exports
The president continues to press his effort to remake global trade to address what he says is a system that is tilted against the US.
KKR taps advisers, preps multibillion-dollar bid for Alinta Energy
KKR’s dealmakers have hired investment bank Barrenjoey for advice and have spent the past two months working on a proposal for Alinta Energy.
Origin CEO calls for focus on ‘critical’ energy security
Frank Calabria’s comments came as Origin posted a small beat in first-half earnings but downgraded expected full-year profits from fast-growing Octopus Energy in the UK.
‘Dutton-proofed’: Greens-Labor agree to keep gas out of energy scheme
Liberals say the deal for the capacity investment scheme that underwrites new clean power projects is a preview of how an ALP minority government would run.
AGL prepares a big battery bet to capitalise on energy volatility
The electricity and gas utility says returns are rising on storage projects as it prepares to tick off an estimated $1.5 billion spending plan over 18 months.
D-Day looms for Woodside’s massive North West Shelf gas project
It’s either crucial to energy security, or a climate disaster in the making. Labor will have to decide whether to let the LNG operation run another 50 years.
Australia is throwing away a $600b carbon capture opportunity
Australia is rapidly losing ground in carbon capture and storage, putting at risk the net zero emissions by 2050 and forfeiting a $600 billion opportunity.
IFM faces barrage of bad press as it moves on Spanish energy utility
The asset manager backed by Australia’s biggest superannuation funds wants more of a say on Naturgy’s board, upsetting some of the company’s other investors.
Beach CEO doubles down on gas strategy amid heightening Vic crisis
Brett Woods has said several parties are interested in joining Beach for power generation after the company disappointed the market with its dividend and outlook.
Teals must back gas to truly support small business
If the independents hold the balance in the next parliament, will they protect small businesses from unsustainable energy costs or continue prioritising ideological commitments over economic and business realities?