Energy
Krzywosinski to hand over reins at Chevron Australia
Angela Macdonald-Smith 11:51 AM Chevron's long-standing head in Australia Roy Krzywosinski handing over British-born Nigel Hearne, as first revealed by Street Talk.
Caltex squeezed by lower oil margins
Brian Robins 9:30 AM Higher sales volumes failed to offset a decline in refiner margins at oil refiner and distributor Caltex, resulting in a steep fall in March-quarter earnings.
Shell quarterly profit falls 58% to $US1.6b
Rakteem Katakey 9:08 AM Royal Dutch Shell's first-quarter profit beat analyst estimates as better than expected earnings from oil refining and chemicals production countered crude prices at a 12-year low.
Oil advances late despite rising US stockpile
Jessica Summers 8:00 AM Oil was little changed after swinging between losses after the government reported US crude inventories jumped last week.
Kim Williams to chair 'the Costco of power'
Angela Macdonald-Smith 11:49 PM Former Foxtel chief executive Kim Williams has emerged as a customer, a backer and now chairman of electricity retailing "disruptor" Mojo Power.
Origin in major solar power purchase
Angela Macdonald-Smith 5:29 PM Origin Energy will buy the output of a new solar farm in north Queensland, underscoring the growing competitiveness of large-scale solar.
Oil Search seeks middle ground for LNG pricing
Perry Williams 5:14 PM LNG producer Oil Search has started talks with Asian customers over negotiating shorter-term price contracts.
Santos CEO pledges to 'deliver value'
Angela Macdonald-Smith 1:02 PM Santos's new chief executive, Kevin Gallagher, has promised to take a "highly disciplined" approach to improve value for shareholders.
Oil falls on bets US inventories increased last week
Jessica Summers Oil tumbled to below $US44 a barrel ahead of US government data forecast to show nationwide crude supplies rose last week.
TransGrid to move with the times
Angela Macdonald-Smith The newly privatised TransGrid will explore new business opportunities in telecommunications, renewable energy connections and maintenance services.
Oil drops as Iraq exports near record high
Jessica Summers Oil declined for a second day as Iraq's exports approached a record high in April, adding barrels to a worldwide supply glut that has pushed prices lower.
Gas man to test skills as head of AWE
Angela Macdonald-Smith David Biggs' gas marketing credentials are expected to come to the fore as he takes up the reins at mid-cap energy player AWE in the midst of the extended slump in oil prices.
RET in doubt amid $10b investment gap
Angela Macdonald-Smith A new analysis finds $10 billion of renewable investment is needed in a market plagued by changing regulations that are deterring lenders.
Labor's missing renewables billion
Peter Hannam Labor faces 'a litmus test' of its support of renewable energy after it emerged that a Shorten government would book $1 billion of the savings cut from the Australian Renewable Energy Agency by the Coalition.
Chevron eyes Gorgon LNG restart this month
Angela Macdonald-Smith Chevron expects to resume production at its $US54 billion Gorgon liquefied natural gas project off Western Australia this month.
Oil drops as OPEC output rises ever higher
Mark Shenk Oil dropped from a five-month high in New York as surging OPEC crude production is seen swelling global stockpiles.
APLNG boost for Origin sales
Angela Macdonald-Smith A strong start-up of the $25 billion Australian Pacific LNG project has driven a surge in Origin Energy's quarterly oil and gas sales despite weak oil prices.
Oil reaches five-month high as US output slips again
Mark Shenk Oil rose to a five-month high in New York after a further drop in US crude production signalled lower prices are taking a toll on the nation's shale boom.
Oil rises above $US45 on US crude output drop
Mark Shenk Oil closed above $US45 a barrel in New York for the first time since November after US crude output dropped.
Beach Energy axes more jobs
Angela Macdonald-Smith Beach Energy has upped the savings it expects to make from its takeover of Drillsearch Energy by axing further jobs, taking the reduction in headcount to 88 since June 30.
World Bank bumps up oil price forecast
Angela Macdonald-Smith The World Bank has followed JPMorgan in nudging up its forecasts for crude oil prices for this year and next.
Tax rise won't stop 'perverse' shift to brown coal
Angela Macdonald-Smith The tripling of royalties on Victorian brown coal will boost the budget and power bills but not by enough to make cleaner black coal generation competitive.
Brown coal: counting the cost of burning mud
Michael Pascoe We're burning more coal, producing more carbon emissions, to produce gas which will produce less carbon than coal-fired generators when it reaches its foreign destinations.
Oil rises as sentiment on outlook brightens
Mark Shenk Oil closed at the highest level in more than five months in New York amid signs that a global surplus is gradually diminishing.
Exxon Mobil downgraded by S&P;
Joe Carroll Exxon Mobil was demoted from the top credit rating by Standard & Poor's for the first time since the Great Depression.
BP's loss lower than expected
Stanley Reed The energy giant lost some $750 million in the first quarter of 2016 because of the oil slump. It could have been worse.
Saudi Arabia announces plan to end its 'addiction' to oil
Adam Taylor Saudi Arabia is a country near-synonymous with the oil industry, but now the kingdom is moving to end what it calls its "addiction to oil" with a new plan.
Comment
Saudi Arabia weaning itself off oil
Ambrose Evans-Pritchard Saudi Arabia has vowed to end its reliance on the commodity in an attempt to avoid economic doom.
China curbs plans for more coal-fired power plants
Michael Forsythe China halted plans for new coal-fired power stations in many parts of the country, and construction of some approved plants will be postponed until at least 2018.
Softer thermal coal contract price not as bad as expected
Angela Macdonald-Smith Australian thermal coal exporters have had to reduce annual contract prices but the agreed rate still compares favourably with the weaker spot market.
