Category: News

Some of Australia's richest industrialists will be allowed for the first time to send Western Australia's gas overseas after the state government opened up onshore reserves to exports.

Senex Energy has confirmed it expects to start drilling at its Roma North gas development in Queensland, as part of the company's $1 billion Atlas and Roma North expansion project to boost domestic gas supply.

Labor and the Coalition are consigning younger generations to a future of higher taxes, ballooning government debt and poorer living standards, Business Council of Australia chief executive Bran Black will warn.

Chief executives of the nation’s biggest companies are warning Australia is “losing our way” and taking “steps backwards” under Labor, with the Business Council of Australia taking a shot at Anthony Albanese for accusing disgruntled employers of “talking Australia down”.

At the last election, just one in eight Australians voted for the Greens. While their 12.5 per cent was a high point, it is worth highlighting that 87.5 per cent of Australians did not support the radical left party.

Billions of dollars in gas royalties funnelled into Queensland government coffers would dry up in a decade under a Greens and Teal proposal to ban new development, new modelling for the sector reveals.

Australia may need to convert an area the size of Belgium into forest to achieve net zero emissions by 2050, according to a Climate Change Authority report that has sparked fierce criticism from farmers, who say it would harm food production.

A little-known species of sea snake is shaping as the latest threat to Woodside Energy’s $US20bn ($29.7bn) Browse gas project, with Tanya Plibersek’s own department calling for an “urgent review” of Browse and other Timor Sea energy projects after the dusky sea snake was formally declared endangered.

Perth Basin producer Strike Energy has made two new discoveries during drilling at its Erregulla Deep-1 well, intercepting gas at depths never previously encountered in the region.

Billionaire Gina Rinehart has raised concerns over the ability of renewable energy to replace base­load coal and gas, saying ­“humungous” spending will be needed on solar and wind as Australia’s electricity grid faces an uncertain path to green power.