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Gas players call for local focus for federal funding

Some east coast gas players want the government to act more urgently on domestic gas initiatives rather than LNG imports.

  • Angela Macdonald-Smith

This Month

Schott stands firm on coal power support

Proposals to support coal-fired power plants are necessary to ensure the lights stay on and prices remain affordable, says ESB chair Kerry Schott.

  • Angela Macdonald-Smith

Morrison government to commit $58m to gas projects

Federal energy minister Angus Taylor said the package would help deliver much-needed gas to the east coast market.

  • Mark Ludlow

New urgency at Papua LNG as violence hits African project

The Papua LNG project in Papua New Guinea involving Oil Search has gained a new sense of urgency after Islamic State attacks stalled Total’s venture in Mozambique.

  • Angela Macdonald-Smith

Santos targets cross-border CCS project in Timor Sea

Santos chief executive Kevin Gallagher has outlined a vision for a carbon capture and disposal project at an ageing gas field in the Timor Sea that could include partners in Europe, Asia and Australia.

  • Angela Macdonald-Smith
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Path to a lower emissions economy takes another twist

Australia’s energy market is defined by two steps forward one step back, but the direction is inevitable even if there’s no end to divisions over politics and policy.

  • Jennifer Hewett

Spark Infrastructure’s Victorian power grid budget slashed

But management and investors were optimistic because the regulator’s final spending allowances for capex, operating expenses and revenue were far more generous than expected.

  • Elouise Fowler

APA heads off gas shortage with $270m grid expansion

The 25 per cent expansion of APA’s east coast gas grid costing $270 million will bring more Queensland gas south and head off a forecast shortage in winter supplies.

  • Angela Macdonald-Smith

Oil refiners eye higher subsidy as plants hang in balance

The outcome of the down-to-the-wire negotiations with refiners on a production subsidy is critical for the fate of Australia’s two remaining refineries.

  • Angela Macdonald-Smith

Saudi Aramco follows big oil rivals with bumper earnings

Saudi Aramco, the world’s biggest energy company kept its quarterly payout, almost all of which goes to the Saudi Arabian government.

  • Paul Wallace and Matthew Martin

ARENA tips $100m into three hydrogen projects

The Morrison government is hoping the $100 million investment in three hydrogen projects will help kickstart the industry in Australia.

  • Mark Ludlow and Angela Macdonald-Smith

EnergyAustralia commits to carbon-neutral gas plant

EnergyAustralia’s new power generator to be built in NSW’s Illawarra region will be the country’s first carbon-neutral gas plant, thanks in part to government funding.

  • Updated
  • Angela Macdonald-Smith

Australia to launch a carbon exchange

The Clean Energy Regulator wants to set up an exchange where offsets can be quickly traded and reconciled. 

  • Elouise Fowler

The market can generate a power supply fix without state involvement

EnergyAustralia’s Tallawarra B gas plant proves the private sector can deliver cost-effective, low-emissions electricity, and why the government should step back from big stick interventions.

  • Tony Wood

AGL Energy stands firm on demerger

Interim CEO Graeme Hunt sought to reassure investors that lenders are on board after analysts and investors questioned how the demerger could work in practice.

  • Updated
  • Angela Macdonald-Smith
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Oil Search gets keen interest for Alaska oil sell-down

Government-owned oil companies, US and Asian parties are interested in buying a slice of Oil Search’s $3.9 billion oil project in Alaska, leaving CEO Keiran Wulff hopeful of a deal this year.

  • Angela Macdonald-Smith

Andrew Forrest, Indonesian coal giant join forces on green energy

Andrew Forrest’s Fortescue Metals Group and Indonesian thermal coal exporter Adaro Energy have become unlikely allies in flicking the switch to renewables.

  • Brad Thompson

ElectraNet commits to SA leg of $2.4b power interconnector

South Australia’s high-voltage transmission network owner will proceed with its portion of the proposed power interconnector between NSW and South Australia.

  • Elouise Fowler

Gas pipeline reforms to deliver $1b over 20 years

Several reforms to gas pipeline regulations are expected to yield more than $1 billion of value over 20 years and help deliver on the Morrison government’s gas-led economic recovery.

  • Angela Macdonald-Smith

Stanwell won’t mothball loss-making coal units

Coal-fired power stations in Queensland are under pressure to put generating units into storage until wholesale electricity prices recover.

  • Mark Ludlow