Category: News

Andrew Forrest’s Fortescue has shut down another newly opened manufacturing plant – this time in the US, as part of its broader retreat from green hydrogen.

Australia’s clean hydrogen ambitions have been dealt another blow with an ambitious $15bn green hydrogen project in the Northern Territory put on ice, underlining the challenges attracting financing and willing buyers to the renewable energy source.

There is one thing that you can say for Peter Beattie: He knows when something is stuffed up, writes Matt Canavan

Andrew Forrest’s Fortescue, Australia’s biggest promoter of green hydrogen, has imposed a fresh round of job cuts.

The pushback over Labor’s environmental wing comes as faction bosses meet in Canberra on Thursday to finalise the make-up of the ministry for the Albanese government’s second term.

The early moments of Woodside Energy’s AGM have been marred by protests, with activists interrupting chief executive Meg O’Neill several times in its opening 20 minutes.

Several years of energy rebates have been dished out to Australian households and businesses to make rising power bills more politically palatable. One major industry player has called for an end to subsidy sweeteners.

A plan to keep the Portland aluminium smelter open beyond the next decade rests on finding cheap energy, Bill Oplinger, the global CEO of Alcoa, says.

Australia is running on empty

Whatever the energy path chosen by Australians on election day, one thing is for certain – natural gas will play a major part, writes Darren Stevenson.