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Today

Fortescue boss Andrew Forrest at the World Economic Forum in Davos.

Hydrogen’s bubble has burst, so should Twiggy buy rather than build?

Hydrogen share prices have collapsed on the back of rising interest rates and confidence-sapping scandals. Is it time for Fortescue to take advantage?

  • 22 mins ago
  • Peter Ker

Yesterday

Nuclear has been out of favour for decades, especially since the Chernobyl disaster.

Everyone seems to want uranium right now

Governments appear to have finally grasped that nuclear power is the only cheap and reliable low-carbon power available.

  • Merryn Somerset Webb
Rio Tinto’s Gudai-Darri iron ore mine in WA’s Pilbara.

BHP issues RFP to electrify the Pilbara

Street Talk understands the $231 billion mining giant has issued a chunky request for proposal.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

This Month

Aboriginal rock art depicting Wandjina figure.

The law’s veneration of Indigenous mythology has gone too far

Judges should give up blocking valuable projects based on stories passed through generations that can’t be proven or are myths.

  • Aaron Patrick
Murray Auchincloss, BP’s new CEO.

BP went for continuity. But it needs a revolution

Why are investors so down on the company? BP is spending generously on lower-return projects outside its core oil and gas businesses.

  • Javier Blas
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Ampol chief executive Matt Halliday has overseen a rebranding of the company’s petrol stations.

Convenience retail to tip Ampol into record territory

The outlook has fuelled expectations of a capital return for shareholders at the full-year result in February, despite it falling shy of some forecasts.

  • Angela Macdonald-Smith
Czech entrepreneur and investor Pavel Tykač.

Czech coal baron slams Queensland government ahead of legal showdown

Pavel Tykac wants a separate investigation into the failures at the coal-fired station which caused mass blackouts.

  • Primrose Riordan and Angela Macdonald-Smith
A tanker loads at Shell’s Prelude floating LNG plant.

Fix regulatory cloud over oil and gas: EnergyQuest

How policy decisions are resolved on offshore gas consultation and the future of gas will be critical for Australian LNG, EnergyQuest says.

  • Updated
  • Angela Macdonald-Smith
Oil prices have stayed surprisingly low in the face of the escalating Red Sea drama.

Three reasons Red Sea crisis hasn’t sent oil surging

The situation in the Red Sea gets worse by the day, but the price of oil has barely budged. Big oil bosses are baffled, but analysts see three forces at play. 

  • James Thomson
Dr Michael O’Leary is an associate professor at the University of Western Australia. 

Battling Santos, a university scientist lied to Tiwi Islanders

Climate geoscientist Michael O’Leary wanted to help Indigenous Australians stop a gas pipeline. A judge found he and other outside experts went too far.

  • Aaron Patrick
Simon Munkara, lead litigant in the Tiwi Islanders’ case against Santos’ Barossa gas project, which ended in victory for the gas producer on Monday.

‘Damage has been done’: Broader hit from Santos’ Barossa gas case

Santos has not changed the budget for its Barossa gas project, but some analysts expect the legal and regulatory delays could add $700 million to $800 million.

  • Angela Macdonald-Smith
Tiwi islands, north of Darwin, and haunt of the Crocodile Man and Rainbow Serpent.

Tiwi travesty underscores the need for better offshore regulation

There should be an investigation of the EDO to underline that vexatious claims cannot be the way to halt gas projects.

  • Samantha McCulloch
Woodside CEO Meg O’Neill and Santos boss Kevin Gallagher are both winners from the Barossa decision.

Barossa win strengthens Santos’ hand in Woodside talks

The Federal Court’s go-ahead for Santos’ Barossa gas project removes a potential sticking point in its merger talks with Woodside.

  • James Thomson

‘Made up’: Judge slams green activists in Santos gas case

Federal Court says “cultural mapping” evidence presented by Environmental Defenders Office is “so lacking in integrity that no weight can be placed” on it.

  • Hannah Wootton and Ben Potter
Woodside chief executive Meg O’Neill. The company is working on a merger with Santos.

Merged Woodside and Santos LNG output could slide as projects stall

Approval delays would extend a dip in production and complicate due diligence on a mooted $80 billion deal that would create a global oil and gas giant.

  • Angela Macdonald-Smith
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Peter Botten was the former chief executive of Oil Search and chair of AGL Energy.

Former Oil Search boss Peter Botten appointed chair of Vast Renewables

The company, which was founded by Melbourne’s billionaire Kahlbetzer family, listed on the Nasdaq in December. It plans major projects in South Australia.

  • Kylar Loussikian
Resources Minister Madeleine King.

King moves to remove ‘ambiguity’ in offshore gas approvals

The gas industry wants changes to regulations on consultation for offshore projects to prevent them being manipulated and delayed by green activists.

  • Angela Macdonald-Smith
Federal Climate Change and Energy Minister Chris Bowen (left) and Andrew Forrest at the Uungula wind farm site on Thursday.

Forrest’s Squadron takes on AGL, Origin with 14GW green build-out

The pledge comes as Andrew Forrest’s private energy company started construction on the Uungula wind farm near Wellington in central-west NSW.

  • Updated
  • Angela Macdonald-Smith
The IEA forecasts Australia’s rapid expansion in rooftop solar will slow.

Rooftop solar saturation dims Australia’s renewables growth: IEA

The International Energy Agency also cited rising costs, grid bottlenecks and long commissioning periods as it trimmed its forecast for local clean generation.

  • Angela Macdonald-Smith
Magnis Energy wants to produce batteries for electric vehicles, and has a factory in New York.

Magnis says claim it was making 300 battery cells a day was not true

The company, which has not traded on the ASX since shares were suspended last year, has repeatedly told investors its subsidiary was near or at production.

  • Kylar Loussikian