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Gas crisis

This Month

APA widens US acquisition hunt despite loss

The gas pipeline owner has been dragged down to a first-half loss after writing down a gas plant but is broadening its search for an acquisition in the US.

  • Updated
  • Angela Macdonald-Smith

APA Group joins ASX hydrogen push

APA’s new hydrogen’s project is an example of CEO Rob Wheals’ three-pronged approach to play a bigger role in the energy transition. 

  • James Thomson

Gas prices sticky at $7-$9, says Senex Energy

Senex Energy expects long-term east coast gas prices to hover around $7-$9, dashing manufacturers’ hopes for a gas-led revival.

  • Elouise Fowler

Cooper Energy swings to $23m interim loss

Cooper Energy swung to a $23.1 million loss in the six months ended December 31 from a $6.3 million net profit in the year-earlier period.

  • Elouise Fowler

Forrest forces pace on LNG imports

The man in charge of Andrew Forrest’s proposed LNG import terminal in Port Kembla says the case for the terminal is ‘stronger than it’s ever been’.

  • Angela Macdonald-Smith
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Vic opposition objects to Crib Point LNG terminal

The Victorian Liberal opposition has dealt a blow to AGL’s controversial Crib Point LNG import terminal.

  • Elouise Fowler

‘Strip out export costs’: Gas buyers escalate pricing debate

Gas-based manufacturers argue they shouldn’t have to help cover the capital costs of the LNG export projects in Gladstone.

  • Angela Macdonald-Smith

January

Gas-fired recovery hopes are flickering out

A voluntary code of conduct is now the only way to achieve the cheaper gas that could underpin an economic recovery.

  • Angela Macdonald-Smith

Leigh Creek pursues ‘Plan B’ amid China tensions

Rock-bottom costs estimated for urea from Leigh Creek Energy’s project at an abandoned coal mine in South Australia is drawing interest from potential customers other than China.

  • Angela Macdonald-Smith

Absence of gas price caps ‘positive’ for Senex: analysts

The Morrison government’s revised agreement with Queensland LNG exporters “positive” for Senex Energy because it imposes scant conditions on gas pricing, say analysts.

  • Elouise Fowler

Giant fertiliser plant would frack the Great Sandy Desert

The project would have to surmount major obstacles but has similarities to a $2.3 billion fertiliser project unveiled by the better known oil and gas junior Strike Energy two weeks ago.

  • Ben Potter

Manufacturers' hopes for cheap gas dashed

Nothing in the Morrison government's revised deal on domestic energy with Queensland LNG exporters will bring down prices, buyers say.

  • Angela Macdonald-Smith, Elouise Fowler and Tom McIlroy

Runaway LNG price sends warning to gas buyers

A record rally in Asian LNG prices has triggered warnings that east coast gas prices could be heading back above $10 a gigajoule, spelling pain for manufacturers.

  • Angela Macdonald-Smith

December 2020

Shell sells $2.5b stake in Curtis Island LNG plant

Global oil and gas giant Shell has sold off over a quarter of its wholly owned Queensland LNG processing site on Curtis Island for $US2.5 billion.

  • Elouise Fowler

Explorers line up for $50m Beetaloo drilling funds

Santos, Origin Energy and junior explorers are set to tap the funds from the Morrison government that are intended to bring forward production from the Beetaloo Basin by two years.

  • Updated
  • Angela Macdonald-Smith
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Planning battle weighs on AGL in LNG import race

After 10 weeks of public hearings, AGL is still more than three months away from knowing whether it can build an LNG import terminal at Westernport Bay in Victoria as rival projects plough ahead.

  • Angela Macdonald-Smith

NSW set to import LNG by end 2022

Mining billionaire Andrew Forrest has picked up pace on his Port Kembla LNG import project since dropping his more risk-averse Japanese partners and is aiming to start major construction in April.

  • Angela Macdonald-Smith

'Dangerous' months ahead for east coast gas

The federal government's move towards artificially suppressing gas prices on the east coast for domestic buyers is more suited to a third-world country, EnergyQuest said.

  • Angela Macdonald-Smith

Mitsui, Engie, Vitol back Viva on Geelong LNG

Four international players have linked with Viva Energy for an LNG import project in Geelong that could see gas imported into Victoria starting in 2024.

  • Updated
  • Angela Macdonald-Smith

Alarm sounded on gas market intervention

The gas production industry is highlighting the risk to investment in supply if the government goes down the path of domestic reservation and price intervention.

  • Angela Macdonald-Smith