Energy

Mark Hutchinson runs Fortescue’s energy division.
Business
Adrian Rauso

Fortescue energy chief apologises to staff

Andrew Forrest has leapt to the defence of Fortescue’s gay employees, forcing the company’s green energy boss — an evangelical Christian — to apologise.

Read more (2 min) →
With the northern hemisphere bracing for a severe winter, there’s fresh fears over the world’s gas supplies.
Business
The Economist

Is the world sleepwalking into another gas crisis?

With the northern hemisphere heading into winter there are fresh fears that prices will spike once again.

Read more (5 min) →
On 50 occasions between January to September 2022, ASIC said Macquarie breached market integrity rules by permitting three clients to place suspicious orders. 
Energy
Daniel Newell

Big bank’s record-breaking fine over dodgy energy trades

Macquarie Bank’s repeated failures to spot suspicious activity on the electricity futures market has cost it almost $5 million and a stinging reprimand from the corporate regulator.

Read more (2 min) →

Sign up to The Nightly's newsletters.

Get the first look at the digital newspaper, curated daily stories and breaking headlines delivered to your inbox.

Email Us
By continuing you agree to our Terms and Privacy Policy.
The dusky sea snake
Business
Matt Mckenzie

Another slippery problem for Browse gas plans

The Federal Government has ruled out a review of Browse Basin oil and gas projects after listing a new endangered species — with no impact expected to Woodside Energy’s $29 billion LNG plans. 

Read more (3 min) →
Plans to overhaul consultation rules for the offshore gas industry will not be abandoned, according to Resources Minister Madeleine King.
Energy
Dan Jervis-Bardy

‘Lack of clarity’: Industry turns up heat on offshore laws

The Albanese Government has been forced to defend its commitment to overhauling consultation rules for offshore gas projects, three months after the forced scrapping of ‘lawfare’ prevention legislation.

Read more (3 min) →
Minister for Environment Tanya Plibersek has approved Australia’s biggest solar farm days after blocking a $1b gold mine.
Politics
Max Corstorphan

Plibersek greenlights solar farm to power other countries

Environment Minister Tanya Plibersek is handing out red and green lights like candy, first blocking a gold mine and now approving a solar farm backed by billionaire Mike Cannon-Brookes.

Read more (2 min) →
Meg ONeill, chief executive officer of Woodside Energy.
Energy
Sean Smith

ACF scraps challenge to huge $16b Scarborough gas project

The Australian Conservation Foundation has apologised to its supporters after scrapping a Federal Court challenge to Woodside Energy’s $16 billion Scarborough gas project off Australia’s north-west.

Read more (2 min) →
Australia's biggest energy company has posted an underlying net profit of $812 million. (Joel Carrett/AAP PHOTOS)
Business
Marion Rae

AGL profits jump 189 per cent as cost of living hurts customers

Higher power prices have generated full-year profit growth and more cash for replacement energy assets for Australia's biggest electricity generator AGL Energy.

Read more (1 min) →
The increase had been driven by ‘scope maturation’ of necessary modifications to Train 1 at its Pluto processing facility.
Energy
Daniel Newell

Woodside ups cost of mega Scarborough LNG project

Woodside Energy has revealed a sharp rise in the cost of its long-awaited Scarborough gas project off the Pilbara coast.

Read more (3 min) →
Woodside hq
Energy
Matt Mckenzie & Daniel Newell

‘Right kind of M&A’: Woodside grows US LNG with $1.3b buy

Woodside Energy has revealed a $US900 million ($1.3bn) bid to have a fresh crack at North American LNG, with chief executive Meg O’Neill declaring the company needs to focus on the projects it can control.

Read more (3 min) →
Shadow Energy Minister Ted O’Brien (left) and current minister Chris Bowen (right) are squaring off on both sides’ differing power policies.
Australia
Ellen Ransley

Pollies’ power struggle heats up as energy divide deepens

Both Labor and Coalition heavyweights have reignited the climate debate amid raging rhetoric on renewables and nuclear energy.

Read more (4 min) →
The oil and gas giant had applied for subpoenas in the Federal Court.
Energy
Adrian Rauso

Santos scores major victory in pursuit of EDO bankrollers

Santos has secured a big win in its hunt to lift the lid on some of the Environmental Defenders Office’s mysterious backers that caused the development of its $6.7 billion Barossa gas project to be delayed.

Read more (2 min) →
Carnegie Clean Energy Chief Executive Jonathan Fievez.
Business
Ben Harvey

Forgotten renewables play Carnegie riding new wave

An Australian company that was going to generate electricity by harnessing the power of giant waves is back with a new name and an unlikely corporate backer in its corner.

Read more (3 min) →
While Australia grapples with the debate over nuclear energy, the US has taken rare bipartisan action to liberate the nuclear industry from its decades-long malaise.
USA
The Washington Post

US lawmakers’ big move to spur nuclear power revolution

While Australia grapples with the debate over nuclear energy, the US has taken rare bipartisan action to liberate the nuclear industry from its decades-long malaise.

Read more (5 min) →
The Australian Energy Market Operator has warned of gas supply shortages in eastern states. (Joel Carrett/AAP PHOTOS)
Energy
Samantha Hepburn

Victoria’s gas shortage is a dire warning for all of us

The fact that Australia, one of the world’s top gas exporters, could face a potential gas shortage is a sign that something needs to change. As the saying goes, never waste a good crisis. 

Read more (5 min) →