Big battery plans for Hazelwood coal site
Macquarie Group will help finance one of Australia’s biggest batteries at the site of the former Hazelwood coal plant in Victoria’s Latrobe Valley.
Mining Energy
Big miners have blazed a trail — MPs must follow
The Jenkins report into workplace bullying and sexual harassment in the Ivory Tower of Canberra must be a watershed that lifts the bar.
Gas users lose price spat with major producers
Major gas producers including Shell and Santos have won a battle with large users who were calling for a mechanism to help lower east coast prices.
Woodside hit with legal claim on $16.5bn gas project
The energy giant faces a fresh legal challenge on its $16.5bn Scarborough gas project in Western Australia.
Twiggy targets first LNG imports by 2023
The billionaire has moved a step closer to opening Australia’s first LNG import plant after striking a floating terminal deal with Norway’s Hoegh.
Rinehart, Ellison strike Port Hedland pact
The iron ore billionaires have cut a peace deal over new export berths at Port Hedland, ending years of wrangling over the development.
Sovereign energy needs must come from national lead
It is time to move on from the old technology of a centralised hub of electricity to one that encourages multiple technologies.
The road to cheaper energy
If we want electricity prices to continue to fall, we need to get the cheapest electricity with the most efficient back-up into the grid first.
PNG gas project nears deal in boost for Santos
A gas agreement is set to be signed for the delayed P’nyang project in Papua New Guinea, boosting the business case for the $21bn Santos-Oil Search merger.
ANZ avoids oil and gas caps but asks for trust
ANZ Bank will continue to fund the oil and gas sector and new projects, but only if companies have credible plans to achieve net zero by 2050.
Gina Rinehart’s Hancock Prospecting in huge $7.3bn profit
Iron ore prices drove Hancock’s bumper profit, which is just shy of the result by Australia’s biggest listed company and far bigger than other private corporations.
Canberra draws up new gas basin plan
The Morrison government will try to open up at least one new gas basin this decade in a move that will draw ire from environmental and climate groups.
Crude market on edge ahead of OPEC meeting
How OPEC producers respond to the US-led decision to release strategic oil reserves is shaping up as a wildcard ahead of the cartel’s meeting soon.
Oil Search investors weigh $21bn Santos rejection
Several major institutions plan to vote against Oil Search’s $21bn Santos merger, but proxy advisers have backed the deal.
Class action lodged against Beach Energy
Slater and Gordon says it has a ‘strong basis’ for a class action against Beach Energy over what was said and when about its Western Flank oil assets.
Energy prices projected to ease by 2023
Average household bills will increase by $20 next financial year as the NSW Liddell generator exits, but renewables will see bills fall the following year, new modelling indicates.
Unvaxxed miners agree to get the jab
Over half of the almost 80 unvaccinated BHP miners stood down without pay have agreed to get the jab but more than 30 remain defiant.
Oil Search gets proxy nod for $21bn Santos merger
The oil and gas major has received backing from an influential proxy adviser for its $21bn Santos merger.
Electric vehicles won’t much dent fuels by 2030, Viva says
Refiner and retailer Viva Energy says it doesn’t fear the shift to electric vehicles, saying its consumer network is strong and just one of three pillars to the business.
Fight over native title millions heads to court
The credibility of the native title system itself has been called into question as a fight over millions in uranium royalties paid to the Adnyamathanha Traditional Lands Association heads to court.
Original URL: https://www.theaustralian.com.au/business/mining-energy/page/193