Allegations of ‘pre-determined’ outcome for Santos
Gas protester alleges conversation showed politicians ‘plotted’ a pre-determined outcome for Santos.
Mining Energy
Mine activists cleared to fight on
A group fighting the New Acland mine redevelopment was probably insolvent but could fight on, a judge has ruled.
Cracks spark gas safety fears
Energy giant Chevron has discovered hundreds of cracks in processing trains at its $US54bn WA Gorgon LNG plant.
BHP dam disaster suit opens in UK
A court will decide if a $9bn claim accusing BHP of negligence before the deadly Samarco dam collapse is heard in Britain.
Emissions and prices plummet
Australia’s electricity emissions dropped to their lowest level on record in the June quarter.
Up $11bn, Forrest has a profitable pandemic
The Fortescue billionaire chairman is richer than ever, but several other miners have also made big fortunes since March.
Call to retire coal-fired power stations early
Coal still accounts for nearly 70 per cent of power in Australia’s national electricity market.
Santos joins writedown club with $1bn hit
Santos has slashed the value of its gas export project as low oil prices batter the sector and reignite fears about stranded energy assets.
BHP ramps up iron ore battle
Iron ore wars back in full swing as BHP flags a rise in Pilbara exports and Brazil’s Vale promises a dramatic increase in output.
Downer mulling mining sell-off
Downer says it is preparing plans to exit less profitable operations and cut costs as it kills its full-year dividend and raises another $400m in capital.
Oil Search delays expansion, revenue dives
Oil Search revenue sank 26pc in the second quarter after a price crash, as PNG partners put a $20bn expansion on ice.
Department ‘contradicted Santos over cheaper gas’
A fresh spat has broken out over Santos’s promise that gas prices will fall should its $3.6bn Narrabri coal-seam gas project in NSW proceed.
Vast Solar picks Mount Isa for thermal clean energy project
Queensland’s Mount Isa selected for a $600m dispatchable energy project tapping its solar thermal technology backed up by batteries and gas.
Canadians grab Kuwaitis’ stake in TransGrid
Canadian pension giant OMERS officially scooped up the Kuwait Investment Authority’s 20 per cent stake on Monday.
South32 holds out Tas hopes
South32 is still seeking a buyer for its Tasmanian manganese smelter, after a flagging a $156m impairment charge.
Making rare earths a growth magnet
The government is willing to support plans that would see rare-earths metals and magnets produced in Australia.
Twiggy’s Tattarang, Shell invest in GLX
Investments by Andrew Forrest and Royal Dutch Shell are expected to fast-track the growth of Perth-based commodity trading platform GLX.
Santos fuels hopes of gas price relief
Santos says its $3.5bn Narrabri coal seam gas project can “compete effectively” in the NSW market.
$50bn of gas projects in doubt as outlook dims
Australian energy producers face heightened volatility for the next $50bn pipeline of gas projects.
BlueScope flags earnings hit, more uncertainty
BlueScope has forecast a big fall in annual earnings, as it announced a $200m writedown on steel assets and a NZ review.
Rio upbeat on Simandou and dividend
Rio Tinto signals plans to push on with the development of the giant ‘Pilbara-killer’ Simandou deposit in Guinea.
Royalties deal languishes after deadline missed
The royalties deal between Adani and the Queensland government has still not been reached, several months after deadline.
Palmer’s business ‘funded poll run’
The corporate watchdog has charged businessman and former federal MP Clive Palmer with fraud. It has, for the first time, outlined its case against him.
Delayed LNG exports add pain to low prices
Over a third of Australian LNG exports in June suffered delays being shipped to buyers in Asia amid a supply glut and low prices.
Adani digs in by breaking ground
A year after the approval of the controversial Carmichael mine, Adani has started digging towards the coal seam that is expected to yield up to 10 million tonnes of coal a year.
Barrick’s PNG stoush erupts
The PNG government has flagged a push to take more control of Porgera gold mine as its stoush with Barrick Gold explodes.
Gas price ‘may force job cuts’
Australia’s largest plastics producer warns manufacturers may be forced into job cuts as gas prices make them uncompetitive.
ATO bill could be tax shield for Alcoa
A disputed $921m tax bill could shield Alcoa from Australian tax payments for years as it fights the issue through the courts.
China threat to iron ore after dump complaints
China has warned Australia that excessive anti-dumping complaints by BlueScope may end up threatening our iron ore exports.
Woodside to delay Scarborough, Browse
Woodside Petroleum has been forced to delay two of its big West Australian gas projects, as it seeks to cut costs to reflect lower energy prices.
Original URL: https://www.theaustralian.com.au/business/mining-energy/page/193