Yesterday
- Updated
- Energy
Woodside chief says her climate plan is ‘honest’, unlike some rivals
Ahead of a tense shareholder meeting next week, Meg O’Neill urged investors to support the emissions plan and back the re-election of chairman Richard Goyder.
- Updated
- Elouise Fowler
This Month
Santos blames lower output, prices for 15pc revenue slide
But the gas giant says the result sets it up to complete major projects including a carbon capture and storage scheme which is due to start later this year.
- Elouise Fowler
British shareholder LGIM piles more climate pressure on Woodside
The $2.3 trillion asset manager will vote against not only the gas giant’s climate plan but also against chairman Richard Goyder’s re-election.
- Hans van Leeuwen
Melbourne, Brisbane should brace for bowser hit, retailers warn
Brent crude is up about 17 per cent since the start of the year, driven by supply concerns and escalating tension in the Middle East.
- Elouise Fowler
Twiggy’s Windlab taps bankers to find $1b for massive wind farm play
Potential investors said ICA Partners was seeking $900 million to $1 billion in debt for the company’s Gawara Baya project in Queensland.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Blackstone move signals end of Aussie bid for UK gigafactory
The US private equity giant’s reported move on the site of a failed battery maker looks like curtains for entrepreneur David Collard’s $16 million takeover.
- Hans van Leeuwen
Electricity CEO alleges board engineered share sale sacking
The head of electricity services company LPE says he was left in limbo when he told the board he needed to sell shares.
- Liam Walsh
- Analysis
- Carbon challenge
Woodside treads impossibly fine line on climate demands
Whether new oil and gas projects can align with the Paris Agreement is central to the oil and gas producer’s stoush with activists and some proxy advisers.
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- Angela Macdonald-Smith
J-Power’s 27.5c a share bid for Genex now binding
The target board is expected to recommend the bid, subject to obtaining a nod from an independent expert.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Why we should celebrate the climate stoush at Woodside
An adult, active and thoughtful debate about Woodside’s climate transition plan is precisely what we want to see in corporate Australia.
- Updated
- James Thomson
- Exclusive
- Energy
HESTA sides with Woodside on Goyder’s future
But the outspoken superannuation fund, which has criticised the company for not doing enough on emissions reduction, will vote against its climate strategy.
- Kylar Loussikian
QIC powers up to sell 33pc of NZ’s Powerco; Barrenjoey sends flyers
Powerco made $NZ263 million in EBITDAF for the 2023 financial year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Support for Santos chairman overwhelms environmental activist push
The company has been working on major LNG projects, making it a target for climate campaigners. But it has had limited investor backlash to those plans.
- Simon Evans
Former exec claims Oil Search didn’t tell CFO he was being replaced
Former Oil Search executive Ayten Saridas claims she was told by the CEO to keep the fact she was being canvassed to be CFO secret from the man she would replace.
- Max Mason
Green scheme rules hang in balance as 6GW deadline nears
The details of the Capacity Investment Scheme are still being debated just weeks before the first auction for six gigawatts of wind and solar capacity.
- Angela Macdonald-Smith
- Exclusive
- Rare earths
Gina Rinehart emerges as big investor in California rare earths giant
Disclosures by MP Minerals show the billionaire’s Hancock Prospecting owns some 5 per cent of the company, which had discussed merging with Lynas Rare Earths.
- Jemima Whyte
Woodside slams Glass Lewis’ carbon assessment
The proxy adviser appears to have based its views on two activist groups holding up to 0.005 per cent of the stock and ignored Woodside’s extensive talks on climate, it said.
- Angela Macdonald-Smith
- Opinion
- Letters to the Editor
A new Asia construct that ignores China is a policy of fools: Keating
Readers’ letters on Australia’s misplaced faith in US support in the Asia-Pacific; Qantas’ efforts to restore customer loyalty; big fines for supermarkets; and the urgency of an end to the climate wars.
Santos’ $15b Papua LNG project hits further delay
The decision to build Papua New Guinea’s second LNG project has been pushed back again after bids from contractors made it uneconomic.
- Angela Macdonald-Smith
QIC’s Pac Energy lines up $1.2b debt facility for microgrids push
The remote power play has a big war chest for its pipelines of renewables and hybrid microgrids.
- Sarah Thompson, Kanika Sood and Emma Rapaport
