
Gas giant Santos accused of eroding shareholder value
Gas giant Santos has been accused of eroding shareholder value with a record dividend and no update on the future after Woodside merger talks were terminated.
Gas giant Santos has been accused of eroding shareholder value with a record dividend and no update on the future after Woodside merger talks were terminated.
Big batteries and fast-start gas plants will keep the lights on across Australia and help to stabilise highly volatile power costs, Origin Energy says.
NSW is shutting the door on offshore drilling and mining operations in its waters, sabotaging PEP-11 and other projects.
AGL Energy insists there is a "very, very competitive" market after bouncing back into profit and reserving billions of dollars to replace coal-fired power.
Consumers are set to benefit as the national electricity grid uses less coal and gas-fired electricity and the share of renewable energy hits a record.
Tweaked environmental laws remain too loose to safeguard water supplies and tackle threats to food growers and country from onshore gas wells, research shows.
A failed legal bid to stop the construction of an underwater gas pipeline has sparked a promise for clearer rules around consultations with traditional owners.
A push to add nuclear to Australia's energy mix may be silenced by a steep upward revision of the cost of small reactors by the national science agency.
Energy market tsars are out of step with the "rooftop revolution" and other household energy that could be harnessed in a clean, low-cost system, critics say.
Extra costs for transporting Queensland gas south to other states are expected to hit the east coast gas market next year, adding to supply pressures.
Santos has marked a key regulatory win for its $5.8bn Timor Sea Barossa project, but other court battles are threatening to derail the project.
The climate crisis is being made worse by an information crisis, with some Australian outlets accused of peddling fake news and adding to confusion and delay.
Santos is allowed to begin laying a pipeline near the Tiwi islands but could be swiftly blocked by a successful federal court challenge by a traditional owner.
Renewable energy is setting records and wholesale energy prices are returning to normal, but federal Labor is warning of bill shock if the rollout is delayed.
Energy demand plunged as mild winter temperatures and record high rooftop solar output slashed wholesale electricity and gas prices, the latest data shows.
Australia's biggest gas supplier Santos faces many months of costly wrangling with shareholder activists in the federal court over allegations of greenwashing.
Delays in approving about 40 new gas projects could risk supply and flow onto power bills, an energy chief says.
A long-time engineering and construction contractor to oil and gas giants says it has a chance to play both sides of the energy and resources transition.
Employees have stopped work on three massive Chevron natural gas sites in WA amid a pay dispute, sending prices soaring on European markets.
The treasurer has challenged the opposition and the Greens to pass new laws taxing offshore gas companies and bringing forward revenue to boost the budget.
Origin Energy expects another tough year for cash-strapped customers after posting an FY23 net profit of $1.06 billion as it prepares for a foreign takeover.
Some companies are too reliant on "risky" carbon capture and storage assumptions when claiming they are meeting global climate targets, data shows.
No decision has been taken by Origin Energy on keeping coal-fired power station Eraring running for longer, but some say it's not needed to keep the lights on.
Rooftop solar is reducing wholesale electricity prices but the market operator warns more transmission is needed to keep the lights on in a post-coal system.
Energy investors have been urged to take advantage of Australia's golden age in climate policy, with "crazy, science-denying" naysayers waiting in the wings.
A refinery in Gladstone will get a federal grant for a renewable hydrogen project that is key to the decarbonisation of Queensland's industrial heartland.
The federal government is contributing $32 million to a trial project swapping gas for hydrogen to power the emissions-intensive alumina refining process.
Nuclear power is too expensive and slow to build, while offshore wind will be crucial to achieving climate and energy targets, a net zero report finds.
Chemicals giant Orica says industrial-scale renewable hydrogen and green ammonia is within reach, and would free up domestic gas supply for households.
Federal Climate Minister Chris Bowen has taken a swing at his political opponents, claiming a "cabal of climate denial" runs policy in the federal opposition.
Queensland's excess gas supply will be sent to southern states this winter with the supply outlook for the next two winters described as "finely balanced".