too expensive to make deep cuts to carbon emissions
bestnews Woodside Energy chief executive Meg O’Neill says it is too expensive for the country’s largest producer of natural gas to make deep cuts to its carbon emissions, putting the company…
Energy
gas to qualify as ‘critical mineral’ under Coalition energy plan
Natural gas projects would rank alongside lithium and rare earths ventures and qualify for support from the $4 billion of funding available for critical minerals under a Coalition government determined…
Beach CEO Brett Woods says gas policy taken over by activists
Activist ideology has taken over the decision-making capability of Australian politicians, sacrificing jobs and people’s standards of living through anti-gas-development policies, Beach Energy chief executive Brett Woods has declared. Woods…
Korea Gas Corporation strikes out at intervention in domestic market
The largest South Korean investor in Australia and one of the world’s biggest buyers of LNG has attacked political intervention in the domestic market and questioned whether it can rely…
Pemba Capital-backed Rennie Advisory hits the acquisition trail
A year after landing Pemba Capital Partners as a major backer, Brisbane-headquartered consultancy Rennie Advisory has made it clear it hopes to deploy its war chest expanding into a national…
Federation plots a path from asset manager to batteries developer
Federation Asset Management says it will launch a multibillion-dollar platform that specialises in investing in large, long-duration batteries in a significant step-up in its portfolio of renewable energy assets. Federation,…
Peter Dutton’s gas plan to flood the domestic market will hurt investment, industry producers warn
Gas producers warn the Coalition’s plan to flood the east coast market with supply that might otherwise have been exported may bring down prices in the short term but will…
ACCC in fresh warning of winter gas shortfall
The competition watchdog has urged the federal government to work with Queensland’s three LNG exporters to ensure they free up more gas for the east coast market after it found…
Korea Electric Power fails to secure Hydrogen Headstart funding
Korea Electric Power Corporation has failed to win support from the federal government’s Hydrogen Headstart program for a large project proposed at Newcastle, marking another blow to Asia’s hopes of…
Winter gas threat pushed out but shortages loom
Southern Australia has been warned of natural gas shortfalls by 2028 – three years later than earlier forecast – and annual shortages from 2029 onwards unless investment flows into import…