News

Australia’s falling productivity levels have been driven down by the replacement of coal-fired power plants with billions of dollars in renewable energy projects, the Productivity Commission has declared, as it warns governments should to make only the most efficient, cost-effective investments.

Origin Energy warns new government gas plan could create a market glut

Forbes Australia

Chevron’s American head office is ‘confused and frustrated’ about a proposed national gas reservation scheme.

The Federal Government’s gas reservation policy framework has put the Santos GLNG operation “in the crosshairs”, according to a leading industry analyst.

The big four ASX-listed iron ore stocks collectively lost about $16 billion on Thursday after the “Pilbara killer” mine in Africa beat expectations.

Surging exports from the giant “Pilbara killer” iron ore mine in Guinea have spooked investors in WA’s powerhouse producers of the steel-making ingredient

Snowy Hydro has conceded it may miss its 2028 deadline for finishing the Snowy 2.0 project and revealed its “disappointing” Italian contractor Webuild could suffer losses depending on the size of a major budget blowout.

Labor has confirmed it will compel Australia’s LNG exporters to supply gas equivalent to 20 per cent of their export volumes into the domestic market from 2027.

The Australian president of global oil and gas major Chevron has told a business audience that his bosses are confused and frustrated by Australian regulatory settings.

Queenslanders should be “deeply concerned” by the government’s move to introduce legislation giving ministers the power to fast-track projects by bypassing environmental and heritage laws

BP has sold down a stake in the giant Browse gas project in Western Australia to South Korea, adding to momentum to develop supplies through the North-West Shelf.