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.
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.
Investment delays or ending projects to develop gas reserves could result in a worse supply outlook, a regulator warns, as pressure on the industry intensifies.
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
Western Australia faces an immediate gas supply risk triggered by the rush to run the nation on renewable energy, an audience of business leaders has heard.
company information
economy, business and finance
energy
energy and resource
environmental issue
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
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.
NSW is shutting the door on offshore drilling and mining operations in its waters, sabotaging PEP-11 and other projects.
Australia's second richest person, mining magnate Andrew 'Twiggy' Forrest, has renewed his attack on the fossil fuel industry and Woodside Energy.
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.
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.
Australia's biggest gas supplier Santos faces many months of costly wrangling with shareholder activists in the federal court over allegations of greenwashing.
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.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
Some companies are too reliant on "risky" carbon capture and storage assumptions when claiming they are meeting global climate targets, data shows.
coal
economy, business and finance
electricity production and distribution
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
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.
Woodside Energy is moving forward with a $10.6 billion plan to develop the Trion oil field in the Gulf of Mexico, drawing criticism from climate activists.
breaking_news
consumers
economy, business and finance
electricity production and distribution
energy
energy and resource
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
A code of conduct will be imposed on gas producers to avert future price shocks for consumers but the industry fears it could stymie investment in new supply.
economy, business and finance
energy
environmental issue
international (foreign) trade
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
The boss of Santos has backed Opposition Leader Peter Dutton's calls for the gas industry to stand up for itself as a key player in the energy transition.
economy, business and finance
energy
energy and resource
environmental issue
industrial production
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics (general)
Clean export installations up north, production hubs in the south and pipelines crossing the nation map out Australia's future as a net-zero nation.
Activists and farmers have raised concerns about a plan to allow coal seam gas companies to store their waste salt in lined landfill sites.
A group of North American companies appears likely to take control of Australian electricity and gas supplier Origin Energy under a bid worth $18.7 billion.
global warming
international (foreign) trade
mining
oil and gas - downstream activities
oil and gas - upstream activities
politics (general)
The emissions Queensland sends offshore have been targeted by the Greens who have a plan to phase out coal and gas exports by 2030.
economy, business and finance
energy and resource
environmental issue
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
Woodside Energy's board is failing shareholders on climate change and three directors up for re-election should pay the price, activist shareholders say.
Some want emissions safeguards expanded to cover more industrial plants as a step towards an economy-wide carbon limit and price, but others warn of job losses.
The federal government has given Santos approval to drill 116 new coal seam gas wells in Queensland's Surat Basin with an operational life of 30 years.
The Queensland government's decision to approve dozens of new coal seam gas wells on the Darling Downs has been slammed by environmental activists.
Queensland's environmental watchdog says there are "strict conditions" on its approval for Arrow Energy to drill 55 gas wells near a contaminated site.
The Queensland government will speed up approvals for Ampol to upgrade its oil refinery in Brisbane, which could keep it open until 2030.
agriculture
coal
economy, business and finance
energy
energy and resource
mining
natural gas
oil and gas - upstream activities
politics
renewable energy
Experts warn subsidies for coal- and gas-fired plants could derail cleaner, cheaper power as energy ministers prepare for crucial talks in Brisbane on Thursday.
Queensland will oppose market interventions, such as wholesale gas and coal price caps or windfall taxes if the state isn't compensated, the premier says.
Queensland needs a new watchdog to assess and make determinations about the impacts of gas production subsidence on farms, a new report says.
The Queensland premier has rejected fossil fuel price caps, instead calling for other states and the federal government to fund a gas pipeline.
coal
demonstration
environmental politics
global warming
oil and gas - upstream activities
politics (general)
Ten Extinction Rebellion protesters have been kicked out of Queensland parliament after launching a protest while the premier was speaking about energy.
The Queensland government has given another company a permit to look for gas in the remote Lake Eyre Basin while it draws up plans to protect the region.