Yesterday
Global oil demand to reach its peak this decade, IEA says
“The transition to clean energy is happening worldwide and it’s unstoppable,” IEA executive director Fatih Birol said in the group’s annual world outlook.
- Bloomberg News
This Month
Chevron to buy Hess for $84b in second oil mega-merger in weeks
The proposed deal raises the competition between Chevron, the No. 2 US oil and gas producer, and Exxon.
- Reuters
Viva underperforms on Geelong refinery troubles
Repairs were expected to be completed by the end of September, but Viva is not finding it that simple to return to full-tilt production.
- Elouise Fowler
ATCO and BOC Linde win $593m SA hydrogen job, Forrest misses out
Fortescue Future Industries will not be part of the construction of the world’s largest hydrogen plant near Whyalla.
- Simon Evans
Forrest reignites media bias row with fellow WA billionaire Stokes
Andrew Forrest and Kerry Stokes were due to come face-to-face at a black tie charity event in Perth on Saturday night.
- Brad Thompson
A one-time Macquarie banker claims he found oil worth $30b in Cuba
Little-known Sydney-based company Melbana began production on Wednesday at what could be a large oil field on the north coast of the Caribbean country.
- Aaron Patrick
- Opinion
- Opinion
Why Origin takeover is not a done deal
Arguments over the proposed takeover of Origin Energy demonstrate the confusion about energy transition. What is clear is that the business is performing well.
- Jennifer Hewett
- Opinion
- Chanticleer
Origin Energy court date sets up Brookfield showdown
The board’s decision to sell for $18.7 billion will be backed by its independent expert, but shareholders are gearing up for a round of robust talks.
- Anthony Macdonald
Stokes appointed interim chairman of Beach Energy
The Seven Group boss put the oil and gas company on notice after joining the board in July, ousting the CEO and telling management he wanted to see a turnaround.
- Elouise Fowler
Exxon’s historic shale deal signals new wave of oil mergers
The US shale sector is a hotbed of consolidation talk as cash-rich oil companies compete for the best drilling portfolios in the Permian Basin.
- Kevin Crowley, David Wethe and Mitchell Ferman
- Opinion
- Opinion
Bowen and D’Ambrosio insist targets should be hard to achieve
Chris Bowen says the renewable energy targets have to be difficult to meet or there’s no point having them. But what is Plan B if - as is likely - they are too hard?
- Jennifer Hewett
The hydrogen market has evolved but customers still rare as ‘unicorns’
Liquid hydrogen is likely to be the “first mover” says Woodside, but customers are “unicorns,” says Peter Colman, the oil and gas major’s former CEO.
- Elouise Fowler and Angela Macdonald-Smith
Fortescue hunting more green energy after signing 25-year supply deal
The mining giant is a step closer to its Gibson Island green ammonia project after committing to a 25-year renewable energy offtake deal with Genex Power.
- Updated
- Brad Thompson
Transgrid overcooked cost of alternate HumeLink plan, residents claim
A residents group agitating for major poles and wires to be buried underground says the energy giant overstated the cost by more than 50 per cent.
- Samantha Hutchinson
Australia’s window of opportunity narrowing for hydrogen dominance
There’s no shortage of hydrogen hype, but how realistic are expectations that Australia can become a green hydrogen superpower?
- Ronald Mizen
- Exclusive
- Japan
Japan and Australia pledge deeper ties on energy, climate
Japan’s trade and energy minister met three senior Labor ministers on Sunday to discuss the effect of Australia’s emissions rules on future LNG projects.
- Michael Smith, Elouise Fowler and Ronald Mizen
- Analysis
- Japan
Resource-poor Japan courts Australia 50 years on
As risks increase in LNG producing countries, Japan needs Australia more than ever despite concern over green energy policy changes.
- Michael Smith
- Exclusive
- Gas crisis
Labor gas policy raises supply fears from Japan
The former head of one of Japan’s biggest energy companies says supply disruptions to Australian LNG would have a “huge impact” on millions across the country.
- Michael Smith
Oil’s slump deepens below $US85 with demand under the microscope
Crude oil prices retreated sharply amid worries about the effect of elevated interest rates on the global economy,
- Julia Fanzeres and Elizabeth Low
Oil sinks 5pc in biggest one-day drop in more than a year
Early signals that demand is flagging exacerbated markets’ unease over the prospect of a punishing stretch of high interest rates.
- Updated
- Julia Fanzeres