Energy

Critics say fossil fuel giants must return capital to shareholders rather than increased production. (Dean Lewins/AAP PHOTOS)

Call for super funds to pump gas giants for change

An analysis of the way some of the biggest superannuation funds vote at shareholder meetings suggests they're backing down over the expansion of oil and gas.

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Chris Minns has been slammed for his dishwasher warning as the State braces for blackouts in sweltering heat.

Dishwasher warning slammed as NSW braces for blackouts

NSW Premier Chris Minns’ warning to locals to turn off their dishwashers has been slammed by the Coalition as the State braces for blackouts amid a sweltering heatwave.

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Mark Hutchinson runs Fortescue’s energy division.

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.

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With the northern hemisphere bracing for a severe winter, there’s fresh fears over the world’s gas supplies.

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.

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On 50 occasions between January to September 2022, ASIC said Macquarie breached market integrity rules by permitting three clients to place suspicious orders. 

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.

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The dusky sea snake

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. 

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Plans to overhaul consultation rules for the offshore gas industry will not be abandoned, according to Resources Minister Madeleine King.

‘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.

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Minister for Environment Tanya Plibersek has approved Australia’s biggest solar farm days after blocking a $1b gold mine.

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.

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Meg ONeill, chief executive officer of Woodside Energy.

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.

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Australia's biggest energy company has posted an underlying net profit of $812 million. (Joel Carrett/AAP PHOTOS)

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.

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The increase had been driven by ‘scope maturation’ of necessary modifications to Train 1 at its Pluto processing facility.

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.

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Woodside hq

‘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.

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Shadow Energy Minister Ted O’Brien (left) and current minister Chris Bowen (right) are squaring off on both sides’ differing power policies.

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.

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The oil and gas giant had applied for subpoenas in the Federal Court.

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.

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Carnegie Clean Energy Chief Executive Jonathan Fievez.

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.

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