Energy

A long-running legal saga between Andrew Forrest’s Fortescue and three ex-employees who were accused of ripping off green technology has come to an abrupt end.

AARON PATRICK: After six tumultuous months as leader, Sussan Ley just fundamentally changed Australian politics. Here’s what it means.

Ryan Stokes has called on the Federal Government to reconsider a key plank of its climate policy regime, describing the safeguard mechanism as a de facto tax.

Anthony Albanese won’t commit to extending Labor’s energy bill rebate scheme, reminding Australians of his previous admission that the ‘rebates won’t be a permanent feature’. 

Santos boss Kevin Gallagher is facing renewed investor scrutiny in the wake of revelations the company’s chief financial officer was abruptly dismissed after raising concerns about his leadership style.

Top analyst warns Santos CFO’s departure will spark questions over succession planning and governance.

Takeover target Santos has revealed it had expressed concerns about delays in finalising a deal before its suitors eventually pulled the plug just days before an offer was due on the table.

Abu Dhabi National Oil Co has walked away from a proposed $30 billion offer for natural gas producer Santos, saying a ‘combination of factors’ discouraged it from making a final bid.

Fortescue has agreed to pay back taxpayer funds that were poured into a nixed green hydrogen project “where required”, following pressure from the Albanese Government. 

A Middle Eastern oil company’s $29 billion bid to buy Australia’s Santos will be a “huge opportunity” for the Federal Labor Government to extract domestic gas concessions, a top analyst has declared.

Woodside’s talks with the Federal Government over the future of the North West Shelf will remain ongoing after the deadline for a response on the environmental conditions was extended.

A top energy consultancy has squared off against Resources Minister Madeleine King over claims that Australians are paying higher gas prices than other developed nations.

An Australian energy giant will be legally required to ensure a gas project extension meets the Federal Government's climate targets, the energy minister says.

MATT MCKENZIE: Federal approval on Wednesday for Woodside’s North West Shelf to run until 2070 was a win for the gas industry. But the next major project may face an even higher hurdle.

ELLEN RANSLEY: Labor must navigate a precarious period where the transition to renewables backed by gas ramps up, at the same time the Australian Energy Market Operator sounds alarm bells of major shortfalls.