Power plants wilt as load shedding risks to peak Friday
The threat of forced cutbacks in power supply to some energy users in Victoria has shifted from Thursday to Friday as sweltering temperatures put the grid under extreme pressure.
Quadrant lifts Santos sales to record
A $3 billion acquisition and strong performance from its core portfolio lifted Santos' full-year sales by 19 per cent to a record.
Russia says oil price war with US would be too costly
Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share in the medium term, says top Russian official.
Wirsol ready to revamp $500m Aussie solar float plans
The first of last year's shelved sharemarket debutants is showing signs of life.
'Weather we haven't seen in 80 years'
The Australian Energy Market Operator warned of "load shedding" amid a heatwave in SA that "we haven't seen in 80 years". "This is an all time peak," the regulator warns.
Weaker LNG outlook to trim local prices
Rapidly rising LNG supply is expected to result in a pullback in prices for gas on the east coast but it's not expected to be enough for som...
Labor announces $1b hydrogen plan
Labor is touting the nascent hydrogen energy sector as the next big employer of blue-collar workers in Queensland as it unveils a $1 billion...
No shortage of interest in power scheme
At least two of the initial proposals before government to tap its underwriting scheme for new generation involve coal.
Oil Search output on the up after quake
Oil Search expects a jump in output this year but the forecast still fell short of some expectations.
Power reserve fears rise as heatwave returns
Power generators have been told to check how much electricity they are likely to generate later this week as the heatwave returns with a ven...
