Narrabri is ADNOC’s trump card in $30bn Santos acquisition dream
Shares in Santos are trading well below the bid price indicating concern Australia could reject the bid. Narrabri is ADNOC’s trump card.
Our Team
Latest
Santos approves $30bn takeover from Abu Dhabi consortium
The deal includes promises to maintain Santos’ headquarters in Adelaide and accelerate investment in gas in Australia, should it go through.
NSW confirms rescue talks for Tomago aluminium smelter
State and federal Labor governments are under mounting pressure to prevent the collapse of one of Australia’s largest manufacturers.
Victorian grid under pressure after coal and gas outages
Victoria’s two largest power stations are running at reduced capacity, increasing the state’s reliance on gas. But supplies are under pressure after a fault at major east coast plant.
NSW homeowners get up to $1500 to plug their batteries into the grid
Households and small businesses that install a battery and join a virtual power plant will be eligible for increased subsidies to shore up the grid. This is on top a federal rebate scheme worth up to 30pc from July 1.
Yallourn coal outage puts Victoria’s power grid on high alert
A maintenance mishap will result in one of Yallourn’s coal-fired plants being out of action for two weeks during one of the most volatile periods for demand.
Empire Energy tweaks fundraising docs after activist group complaint
Gas developers are fighting a new front from climate activists who are turning to sophisticated legal and regulatory diligence to stall or topple projects, even those with government backing.
Battery boom: Labor’s subsidy threatens to spark power struggle
Demand for batteries will soar from July 1 under a Labor scheme, boosting the nation’s energy transition. But it could also uproot the business model of traditional retailers.
Energy veteran keeping a cool head in a bumpy transition
‘You’re no longer just talking about a single fuel source. There are multiple technologies, multiple time horizons and significant investment decisions that need to be made simultaneously,’ says Karen Moses.
Hot Egyptian gas could delay Port Kembla LNG dream, again: consultant
There’s arguably better money in Squadron parking its floating storage unit in Egypt longer than repatriating it to Australia, where gas supply is projected to tighten significantly later this decade.
Original URL: https://www.theaustralian.com.au/author/colin-packham