Trump threatens to cripple crucial Iranian oil hub
US forces have "obliterated" military targets on an island vital to Iran's oil network, Donald Trump says, as he issues an ultimatum over the Strait of Hormuz.
oil and gas – downstream activities
Tankers burn as Iranian strikes defy Trump’s ‘victory’
Massive fireballs have lit up the sky over the Gulf as Iranian attacks on oil tankers flout President Donald Trump's claim the US has won its war with Tehran.
Fuel supply boosted as oil price threatens record highs
The government has temporarily lowered Australia's fuel quality standards to boost supplies as the war in the Middle East disrupts global markets.
World faces largest-ever oil disruption on Mideast war
A global energy watchdog has released a record emergency release of crude as it warns the US-Israeli war on Iran is causing the biggest oil shock in history.
Explosions in Tehran as Israel launches wave of strikes
Intense air strikes have landed around Iran's capital after
Deadly Russian strike on Kyiv with peace talks stalled
Russia has struck Ukraine with missiles and drones, killing at least four people, as peace talks between Moscow and Kyiv remain postponed.
Trump threatens to cripple crucial Iranian oil hub
US forces have "obliterated" military targets on an island vital to Iran's oil network, Donald Trump says, as he issues an ultimatum over the Strait of Hormuz.
Iran fires at bases and ships despite intense strikes
Explosions have rung out across the Mideast as Iran launched strikes and shook energy supplies, even after the US and Israel's most fierce attacks of the war.
Iran firm on oil blockade as Trump threatens strikes
President Donald Trump warns that US attacks could rise sharply if Iran blocks tanker traffic, while Tehran vows that no oil will move if attacks continue.
Net zero could put Woodside in the red in five years
Australia's biggest oil and gas producer has posted record output, but a global supply glut and the energy transition could hinder future profits.
Hungary threatens to derail EU’s new Russia sanctions
Hungary is blocking the EU's latest sanctions plan against Russia, and it's also holding up new aid for Ukraine four years after Russia invaded.
Domestic producer worried about gas reservation policy
Australian oil and gas exploration and production company Beach Energy is concerned about the impact of a looming east coast gas reservation policy.
US-Venezuela oil deal angers China, pushes prices down
President Donald Trump's plan to divert Venezuelan crude to the US has hit oil prices, while China denounces US "bullying" over the deal.
US seizes oil tanker off Venezuela coast, video posted
US President Donald Trump has announced the seizure of a "very large" oil tanker off the coast of Venezuela amid mounting tensions.
Embattled steelworks should become a green iron beacon
Australia should take advantage of its natural resources to lead the world in the green metals race, a report has found, with one facility an obvious choice.
More gas projects, less green tape call at energy event
Gas giants have called on the Australian government to approve projects faster and let them explore more mining opportunities.
Saudi crown prince meets Trump at start of Mideast tour
US President Donald Trump has met Saudi Arabia's de facto ruler as he opens his tour of the Gulf, where he's expected to hold talks and announce deals.
Call for states to fire up new gas to avoid shortfall
Federal Labor has been urged to reverse "anti-gas policies" with structural shortfalls forecast from 2027 and Australians still under the pump on energy bills.
Call for super funds to pump gas giants for change
An analysis of the way some of the biggest superannuation funds vote at shareholder meetings suggests they're backing down over the expansion of oil and gas.
Santos drilling for gas demand well into the future
Oil giant Santos is juggling capital-intensive projects, including the hotly contested Narrabri field in NSW, as rising costs and lower LNG prices hit profits.
Green hydrogen developer pumped as partners ink deal
A development partnership for green hydrogen production at the Port of Brisbane could be a blueprint for refuelling facilities in the eastern states.
Gas pipes supply solid cash flow in energy transition
Gas pipeline operator APA has posted a stronger full-year profit amid an expansion and urges more domestic gas production to support an end to coal-fired power.
Servo chain Ampol slashes dividend, fuel volumes fall
Energy company Ampol has slashed its interim dividend on lower fuel volumes, tanking its share price, but signalled a return to normal at its refinery.
Origin Energy eyes gas imports, longer life for Eraring
Electricity and gas giant Origin Energy warns Australia will need to import gas to meet domestic demand and taxpayers may have to pay to burn coal for longer.
Fears of major spill after Philippine oil tanker sinks
Authorities have rescued over a dozen crew and are racing to avert an environmental disaster after an oil tanker sank in huge waves of the Philippine capital.
Big batteries for the ‘heavy lifting’ as cold snap hits
The more clean energy in the nation's network, the better it will be for power bills and keeping the lights on, experts say, despite a lull during a cold snap.
Permits for new gas exploration risk ‘climate disaster’
Australia needs more gas to fast-track the phase out of coal, explorers say, but critics warn new offshore gas exploration permits are a "climate disaster".
Charm offensive on Aussie carbon dump for net-zero Asia
Costly carbon capture and storage could be the price Australia must pay for retaining emissions-intensive industrial jobs without pumping out more pollution.
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oil and gas - downstream activities
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Shipping gas from coast to coast could solve shortfall
The gas industry says it is misunderstood, particularly by millennials, as the rubber hits the road to net zero amid an impending gas shortfall in some regions.
Industry rebuffs calls to slash fossil fuel subsidies
Fossil fuel subsides are increasing and undermining Australia's climate efforts, a think tank says, but energy producers insist they're paying plenty of tax.
New resources tax not a ‘fair return’ for Australians
A parliamentary inquiry has ruled in favour of offshore petroleum tax changes but critics say Australians will still not get a fair return on their resources.