Category: News

The oil and gas producer also said it’s still negotiating with the government on the approval of the 40-year extension of the North West Shelf venture.

Locals in a small NSW town overwhelmingly rejected a plan to build 90 wind turbines, each roughly the size of Sydney’s tallest building, and they didn’t hold back in a meeting with green energy executives.

The world once cheered Germany’s green fairytale, which had a title that evoked a brisk, healthy walk in the woods: Energiewende.

Offshore wind developer BlueFloat Energy has abandoned plans for one of Victoria’s most advanced offshore wind projects after failing to secure a buyer, dealing a fresh blow to the state’s ambitious clean-energy transition.

West Australian Premier Roger Cook says Australia’s gas industry should get more credit for helping high-emitting trading partners wean themselves off, coal and business and governments need to fight harder to make that case with the public.

Exxon Mobil Corp (NYSE:XOM, ETR:XONA)’s Australian subsidiary Esso has scaled back initial claims of a major gas discovery in the Bass Strait, significantly reducing the estimated volume and dampening optimism about a near-term solution to the east coast energy supply crunch.

The revision will embarrass Exxon, one half of the dominant supplier of gas to the east coast – and temper hopes that the discovery will delay an economically damaging shortfall.

West Australian Premier Roger Cook has warned of major trade concerns in Japan about the Albanese government’s move to consider an east coast gas reservation, after a visit where he met with senior government and industry officials.

Labor’s plans to establish a nationwide offshore wind industry have been dealt a fresh blow after Norwegian oil and gas giant Equinor confirmed it had walked away from one of its last remaining Australian projects.

Queensland’s largest green hydrogen project is on the scrap heap after state government-owned Stanwell Corporation announced its withdrawal from the international consortium developing the estimated $12.5 billion production plant and pipeline.