Yesterday
LNG players shrug off carbon threat with $15b spend
Australia’s LNG producers are well aware of proposed carbon tariffs but still see a robust outlook for gas underpinning their large new projects.
- Angela Macdonald-Smith
Woodside escapes credit downgrade
Woodside has had its prized BBB+ credit rating confirmed by Standard & Poor’s after a review due to heightened climate risks for the oil and gas sector.
- Angela Macdonald-Smith
End of lockdowns push up carbon emissions
Australia’s carbon emissions fell 4.4 per cent in the year to September, but were starting to rise as border and economies opened up.
- Mark Ludlow and Angela Macdonald-Smith
This Month
Viva plots turnaround for ‘black hole’ of refining
CEO Scott Wyatt says the loss-making Geelong oil refinery has a chance of turning around its heavy 2020 loss thanks to the government’s fuel security measures.
- Angela Macdonald-Smith
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
Lesson learnt: Oil Search won’t rely on upturn
The Papua New Guinean oil and gas producer is lining up for growth again, but with a good dose of caution this time around.
- Angela Macdonald-Smith
Energy policy paralysed as Nationals firm up demands
Internal distrust and division is behind an ongoing delay to pass legislation that would broaden the CEFC’s remit to include gas.
- Phillip Coorey
- Exclusive
- Energy transition
Clean energy impossible ‘without nuclear and gas’
Poland, the European Union’s climate laggard is on board with the ambition of carbon neutrality by 2050, but it is starting from a different place.
- Angela Macdonald-Smith
Woodside advances Scarborough with new LNG contract
The seven-year sales deal with Germany’s RWE is not directly tied to Woodside’s planned $16 billion Scarborough gas project but will help underpin it.
- Angela Macdonald-Smith
Woodside sharpens sell-down push as rating pressured
The clock is ticking as Woodside focuses on a sell-down of its $5.5 billion oil project in Senegal and considers a pullback in the dividend to preserve its credit rating.
- Angela Macdonald-Smith
Santos boss says costs too high to expect lower gas prices
Santos chief executive Kevin Gallagher says the expectation that gas prices would continue to fall is not realistic.
- Mark Ludlow
- Opinion
- Chanticleer
What we learnt: Woodside, Seven Group
Woodside sees signs that the oil and gas market is coming back into balance, while Seven Group’s WesTrac business underpins a resilient result.
- James Thomson
‘It’s going to get messy’: Origin CEO
Chief executive Frank Calabria is expecting some coal power generators to be hard hit by the ‘unsustainable’ downturn in wholesale power prices.
- Angela Macdonald-Smith
- Analysis
- Analysis
Rod Sims could be Angus Taylor’s best asset
By seizing confidential pricing documents, the ACCC chairman has given the energy minister ammunition to push down gas prices, which could reduce carbon emissions.
- Aaron Patrick
Woodside holds firm on Scarborough after $US4b loss
Woodside Petroleum is firmly pursuing a final go-ahead later this year on the $16 billion Scarborough gas project in Western Australia despite slumping to a $US4.03 billion ($5.2 billion) net loss for 2020.
- Angela Macdonald-Smith
Origin barely scrapes a profit amid soft power prices
Chief executive Frank Calabria is warning of more “challenging” conditions coming up for Origin’s energy markets business after posting sharply lower first-half earnings.
- Angela Macdonald-Smith
- Exclusive
- Emissions
Woodside ‘non-compliant’ on climate risk reporting
The analysis from the Environmental Defenders Office adds to the carbon risks that are piling up around the country’s biggest pure-play oil and gas producer.
- Angela Macdonald-Smith
Gas plan up in the air after Nationals coal ambush
Plans by the government to broaden the remit of the Clean Energy Finance Corporation to include gas-fired power are in disarray.
- Phillip Coorey
Gas shortage looms for NSW and Victoria by 2024
The Australian Competition and Consumer Commission has found gas prices are falling, but supply for southern states remains a concern.
- Mark Ludlow
Embattled gas producers hold firm on prices
Beach Energy and Cooper Energy, hit by lower oil prices in the December half, have outlined growth projects that assume east coast gas prices will remain in the $8-$10 a gigajoule range.
- Angela Macdonald-Smith and Elouise Fowler
