News

Labor’s answer to high gas prices stands accused of legislative overreach for the way it plans to penalise financial contracts representing physical gas designed to minimise price swings and disruptions.

WA’s peak resources lobby has written to all WA Federal MPs and senators calling on them to get behind the push to exempt WA from new gas reservations laws.

Energy bosses warn PM his plan could jeopardise State’s supply.

Since its inception, Hancock Prospecting has been synonymous with iron ore.

Labor has failed to win over the Coalition and energy producers after unveiling legislation for its controversial gas reservation scheme, leaving the program’s ­future in doubt as the government pledges to deliver a “sufficient volume” of gas into the east coast market while putting downward pressure on prices.

Global energy giant Shell has slammed the Albanese government’s proposed east coast gas reservation policy, likening it to using a “sledgehammer to crack a nut” for an already functional market.

Woodside Energy says it will abandon a proposed Bass Strait gas drilling campaign if the federal government’s planned reservation scheme pushes domestic prices too low.

Tania Constable, Chief Executive Officer

ATO data reveals nation’s biggest corporate taxpayers as total haul reaches $87.5bn

Australia is hurtling towards a high-stakes collision between its artificial intelligence ambitions, and a fragmented national energy market plagued by poor policy, according to the market’s top energy analyst.

Major gas consumers warn that the proposed new rules around the government’s 20 per cent gas reservation plan could leave them worse off.

Woodside and Chevron have warned the federal government that its concessions around the proposed gas reservation scheme have failed to resolve concerns over investment certainty.