Category: News

The federal government is under pressure to make a decision about Woodside’s North West Shelf extension as the $70bn LNG export industry seeks to restore investor faith in the industry.

Australia’s peak business lobby says it is “critical” the Federal Government decides on Woodside’s North West Shelf gas project in the next few weeks.

Tying energy policy to climate strategies has led to the looming east coast gas supply crisis, Santos chief executive Kevin Gallagher has declared, as he called for Australia to follow the US example and decouple the two.

Big east coast gas users have laid out a blueprint for gas policy ­reforms, including a domestic ­reservation scheme, amid concern a plan for the commonwealth to underwrite LNG imports will ­entrench high prices for local ­industry.

Japan’s biggest buyer of LNG has threatened to take its business elsewhere, at the cost of thousands of jobs, unless urgent policy changes are made to fix Australia’s $70bn export industry.

A stoush has broken out on the best way to address looming gas shortages on the east coast. The fix of importing LNG could send gas prices up further, according to APA Group

A plan to underwrite LNG imports faces stiff political and business tests in coming days, as gas shortages loom for the east coast.

Country councils at the forefront of the renewables transition say the very communities being asked to power the nation could be the biggest losers.

Internal documents suggest Fortescue considered a $200 million deal based on its relationship with a US politician, whose IRA support was crucial to it passing.

Australia’s biggest promoter of green hydrogen, Andrew Forrest, has axed an investment pact with US hydrogen giant Plug Power in the latest blow for the hyped clean energy power source, as developers pull back from projects following the election of Donald Trump.