Energy
Oil falls to three-week low as risk aversion rises
Mark Shenk 6:36 AM Oil dropped to a three-week low in New York as risk aversion among investors sent equities lower and bolstered the US dollar.
AGL to hike power charges
Brian Robins 3:15 PM Power prices are set to rise by much more than the rate of inflation in NSW asĀ
Apple seeks to sell excess solar power
Allana Akhtar Apple could start selling consumers another desired product - green energy.
Hopes of a collapse in demand for fossil fuels overstated
Jillian Ambrose "The world is going to have to continue using fossil fuels, whether they like it or not."
Are oil prices going to double?
Javier Blas Investors are buying contracts that will only pay out if crude rises well above $US100 a barrel over the next four years - a clear sign some think they see seeds of the next boom.
Oil pulls back after recent rally, greenback gain
Mark Shenk Oil declined from a 10-month high in New York as a stronger US dollar countered a rally driven by tightening global supplies.
Jemena remains positive on NT gas line
Angela Macdonald-Smith Gas pipeline developer says it can still fill a new $800 million pipeline from the NT to Queensland, despite the threat of a Labor moratorium on fracking.
IEA slashes gas demand outlook for fourth year
Anna Shiryaevskaya While oil markets will start re-balancing after a slump next year, an oversupply in natural gas won't disappear until the end of the decade, the International Energy Agency said.
Oil Search 'quietly confident' on deal
Angela Macdonald-Smith Oil Search CEO Peter Botten says he is "confident" of shareholder support for his $US2.2 billion-plus takeover deal for InterOil.
Clough rebukes LNG producers
Angela Macdonald-Smith Clough's new chief executive has told gas producers that putting the screws on contractors is not the answer to cost hurdles for new projects.
'By far the biggest ever month'
Peter Hannam A windy May across south-eastern Australia helped smash wind energy generation records.
Woodside leaves door open on deals
Angela Macdonald-Smith Woodside Petroleum chief executive Peter Coleman isn't totally ruling out a larger, scrip-based acquisition, while keeping the cap on any cash deal at about $US1 billion.
Oil closes above $US50 in New York
Mark Shenk Oil closed above $US50 a barrel in New York for the first time in more than 10 months as US crude stockpiles are estimated to have fallen for a third week.
Shell pares spending amid energy price slump
Rakteem Katakey and Ryan Chilcote Royal Dutch Shell cut spending plans further and promised increased savings following its record purchase of BG Group.
Bid 'materially undervalues' InterOil: unhappy investors
Brian Robins Disgruntled shareholders in InterOil Corp say Oil Search'sĀ $US2.2 billion ($3 billion) takeover offer undervalues the company by as much as $US3 billion.
Gas industry was out to lunch: Woodside CEO
Angela Macdonald-Smith The natural gas industry has been "out to lunch", taking years to build LNG projects over budget and not snaring bigger market share, the Woodside CEO says.
CSG wastewater tanks adrift in flood
Peter Hannam What's in those bubbles, anti-CSG activists want to know.
Quadrant Energy lays groundwork for float
Angela Macdonald-Smith Early ground is being laid for a potential listing of Western Australian gas producer Quadrant Energy by Brookfield Asset Management and Macquarie Capital.
Santos CEO sees need for shake-up to cut costs
Angela Macdonald-Smith Santos CEO Kevin Gallagher says a radical overhaul of gas project ownership structure is needed to improve efficiency and help get new investment off the ground.
LNG's 50pc surge a mystery
Shares in LNG Ltd surged 21 per cent, a day after it told the Australian Stock Exchange it was unaware of why the shares had run up sharply.
Chevron's Krzywosinski sees 'challenges' in LNG market
Angela Macdonald-Smith The outgoing Chevron Australia boss says the "challenging" market makes it more important for producers to cooperate to lift competitiveness.
Gas industry facing death in zero-carbon future, warns expert
Angela Macdonald-Smith and Mark Ludlow The natural gas industry has been told to take its "gloves off" and snare its share of the world's shrinking carbon budget.
Origin keeps demerger option in reserve
Angela Macdonald-Smith Split may be needed if debt reduction doesn't reap expected rewards.
ALS defends quick rejection of takeover bid
Brian Robins ALS has defended its brusque rejection of the $2.7 billion takeover offer received last week from private equity bidders.
NSW, Vic may need to import LNG: Shell
Angela Macdonald-Smith Shell says NSW and Victoria may have to consider importing LNG from Queensland or PNG if the states don't act to get onshore gas out of the ground.
BHP steps up carbon storage efforts
Brian Robins BHP Billiton is stepping up its efforts to bolster the use ofĀ carbon storage technology, by funding aĀ joint research program with PekingĀ UniversityĀ to target the industrial sector.
LNG producers face test amid 'tidal wave' of supply
Angela Macdonald-Smith Liquefied natural gas producers need to develop a new range of trading and risk management skills to navigate their way successfully through the next several years of market oversupply, according to Deloitte.
Shell Australia chief decries 'dishonest' anti-gas campaign
Angela Macdonald-Smith Shell Australia chairman Andrew Smith is set to urge politicians and industry leaders to tackle "head on" what he says is an orchestrated campaign unfairly demonising natural gas.
Oil watchers encouraged despite OPEC
Angela Macdonald-Smith Oil market watchers have taken heart that supply and demand are moving back into balance.
BP pays up to settle oil spill claims
Margaret Cronin Fisk and Laurel Brubaker Calkins The oil giant has agreed to pay $242 million to US investors to settle claims its managers lied about the size of the 2010 Gulf of Mexico oil spill to prop up its share price.