APA Group higher Wednesday, outperforms the Utilities sector
Here is the latest company close update for APA Group, APA.
Apa Group
LNG import scheme risks igniting gas prices, experts warn
A stoush has broken out on the best way to address looming gas shortages on the east coast. The fix of importing LNG could send gas prices up further, according to APA Group
APA gas pipeline expansion ‘ends need for imports’
Australia’s largest listed gas infrastructure owner and operator will spend $75m to increase pipeline capacity and negate the need for importing LNG into NSW and Victoria.
ASX 200 ends tad higher; investors punish WiseTech
Investors wipe around $7.54bn from WiseTech amid board woes with founder Richard White. Perpetual sinks KKR deal, hangs ‘for sale’ sign over wealth arm. Iress heavy loser despite swing to profit. Ampol slashes dividends. Underlying earnings up for APA.
Will Barrenjoey take a swing at APA?
APA Group boss Adam Watson was spotted in the Barrenjoey box at the Australian Open tennis, could it be possible that he is being wooed by the Australian investment bank?
Focus on keeping energy costs low: APA Group CEO
Adam Watson is focused on doing everything he can to keep energy costs low, amid an uncertain environment.
Energy regulator clears way for APA gas network expansion
The energy regulator’s confirmation to maintain the current pricing regime for a major pipeline has paved the way for the further expansion of the east coast gas grid.
Unisuper exits APA Group
Once the largest investor of the gas pipeline owner, Unisuper has cleared out and moved on.
ASX 200’s worst day in a week; Iluka, Magellan lead losses
US jobs data due. ASX has worst day, lowest close in over a week after record highs. Goodman Group, APA Group sell-downs completed. Iluka’s WA refinery costs weigh as government steps up support. Domino’s downgraded. Aristocrat down as gaming CEO joins rival. WiseTech director pockets nearly $200m via share sale.
Gas key to iron ore’s future, says pipeline owner APA
APA says a new solar farm and battery storage facility built to supply BHP is the first step and more will follow as it invests in renewables near existing gas-fired power stations.
‘The art needs to be seen as equal’
For 50 years Melbourne’s APA studio has championed artists who experience the world differently, forging for artists like Alan Constable a place where their work is ‘interpreted, understood and critiqued’ in the same way as their peers.
Beetaloo gas reserves viable to fill shortfall, says APA Group
The eastern seaboard faces a looming gas shortfall and developing resources in the Beetaloo Basin would be contentious, but a senior APA executive says it is a viable solution.
APA shares dip after takeover bid surprises stockmarket
Analysts and market experts on Friday were surprised by the move and believed an acquisition would not be well received by investors.
APA rejects calls to abandon Beetaloo
The company has doubled down on the importance of gas in the energy transition, rejecting calls to abandon contentious fracking projects in the Beetaloo Basin.
ASX 200 retreats sharply from record high on broad-based falls; Flight Centre dives on profit warning
Local shares fall back sharply from record highs amid broad-based declines. Flight Centre dives on a profit warning. WiseTech continues to dive. Miners down on China disappointment. Telix plans Nasdaq listing. South Korean authorities eye Regal for alleged short-selling breach. Spot gold hits record high.
UniSuper offloading APA shares
Unisuper was offloading $500m of shares in APA Group on Thursday night through JPMorgan.
APA to push ahead with east coast grid expansion
A ruling by the energy regulator has effectively given APA the green light for the project, which will boost capacity on its SWQP and Moomba Wilton Pipeline.
Bad policy, nation underpowered
Business and consumers will pay dearly for years of green lawfare.
APA boss warns on pipeline upgrade
APA Group will not upgrade a critical gas pipeline that the east coast has become increasingly reliant on in recent years if the regulatory regime that governs the infrastructure is changed.
ASX trims losses on CPI beat; Tabcorp tanks
RBA hike not ruled out as inflation remains sticky at 3.5 per cent. Controlling shareholder Rio to back ERA’s $880m discounted raise. Special dividend boosts Woolworths. Tabcorp’s worse than expected loss, CEO-elect Gill McLachlan’s ‘reality’ check weighs.
Brace for cold showers, big bills
New modelling shows the vital pipeline transporting gas from Queensland will be at capacity nearly every day next winter, leaving Australia drastically exposed.
APA to upgrade Queensland pipeline after Senex deal
APA Group will spend $20m to upgrade a Queensland pipeline to bring new gas from Senex’s $1bn expansion, in a deal that will feed much-needed supplies to the east coast.
ASX 200 rises; retailers slip
May retail sales, building approvals higher than expected. ACCC’s interim nod to Armaguard save. Booktopia enters administration. AusSuper’s ‘solid’ returns. APA flags $145m Qenos hit.
Suitors sizing up Santos assets
Two US-based suitors are understood to be sizing up Santos assets in its Western Australian and Alaskan portfolios.
Pipeline review puts major gas project on hold
A major investment in gas pipeline capacity seen as vital for Australia’s southern states to avoid shortages has been put on hold due to a regulatory clampdown.
Ribbon cut on Australia’s largest remote solar project
The 184,000 solar panel project in Queensland is demonstrative of how Australia’s heavy industry must decarbonise if net zero commitments are to be reached.
Forrest-owned Squadron Energy names new chief
Rob Wheals — a keen runner — faces a new marathon: delivering Andrew Forrest’s ambition to lead Australia’s energy transition.
APA slams pipeline review
APA Group has warned a review into the regulation of critical gas pipelines on the east coast threatens to delay much needed investment amid looming shortages.
ASX 200 flat; Qantas drops; Lovisa, Bega jump
Lovisa, Universal Store, Bega Cheese and Insignia jump. SkyCity loses long-standing SA contract fight. Fortescue and CSR gain. RBA’s Bullock ‘agnostic’ on Treasurer’s veto power. Japan’s Nikkei tops record high after 34 years.
NT to east coast gas pipeline in development
Tamboran Resources and APA Group have entered into an early development agreement to build a gas pipeline from the Beetaloo Basin in the Northern Territory to Australia’s east coast.
Original URL: https://www.theaustralian.com.au/topics/apa-group