Today
APA suffers protest vote on pay as chairman warns on climate targets
Michael Fraser said energy policies need to be “realistic” to avoid losing public support for the transition as prices rise and the lights go out.
- 12 mins ago
- Angela Macdonald-Smith
- Opinion
- Chanticleer
Inside Origin’s $18.7b game of M&A bluff
Origin Energy’s takeover is unlike any major deal we’ve seen in the past decade. The ball is firmly in Brookfield and EIG’s court.
- 1 hr ago
- Anthony Macdonald
Yesterday
Qld backs $5b transmission project despite mine closures
Government says there is still a strong need for the 1100 kilometre transmission line from Townsville to Mount Isa despite Glencore closing its copper mines in 2025.
- Mark Ludlow
This Month
- Opinion
- Chanticleer
Big oil’s $179b deal spree adds to push for action at Santos
Exxon and Chevron’s mega-mergers are a sign big energy companies are moving to cash in on the sector’s ‘golden sunset’. Can Santos do the same?
- James Thomson
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
No escape from hot weather or high power prices this summer
A big fall in wholesale power prices this year won’t be reflected on household power bills until July, if the grid survives a predicted long, hot summer.
- Updated
- Mark Ludlow
Solar boom unleashes surge of below-zero power prices
Wholesale electricity prices are going negative more often, underscoring the financial pressures on ageing coal-fired power plants.
- Angela Macdonald-Smith
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
NSW pumps $128m into community benefits for first green energy zone
Funds will flow early to projects in communities impacted by new transmission and renewable energy projects, in a bid to improve local support.
- Angela Macdonald-Smith
‘No choice’: Origin deal faces mounting opposition
With Origin shares trading well above the offer price from the Brookfield consortium, it is in no one’s interest to support the deal, VanEck says.
- Angela Macdonald-Smith
Origin valuation stirs investors’ quest for higher offer
An independent expert’s valuation has given investors more leverage to argue for a higher price, despite the deal being deemed “fair and reasonable”.
- Updated
- Angela Macdonald-Smith
Santos courts controversy on Barossa gas
The gas producer drew criticism from an activist shareholder group by refusing to concede its $5.8 billion project is running late.
- Angela Macdonald-Smith
- Opinion
- Chanticleer
The pressure on Brookfield to lift Origin bid just went up
A valuation metric in the independent expert’s report into the $18.7 billion Origin takeover looks set to put more pressure on Brookfield to lift its offer.
- James Thomson
- Opinion
- Energy
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
Cranky Origin shareholders grill chairman on bid price
Dissatisfaction with the $18.7 billion takeover offer price has spilt over to small shareholders, who grilled chairman Scott Perkins at the AGM in Sydney.
- Updated
- Angela Macdonald-Smith
Palaszczuk throws $50m lifeline to sacked Glencore workers
The Queensland government has called on the miner to match funding to help the 1200 workers affected by the closure of its copper operations in Mount Isa.
- Mark Ludlow
Glencore to shed 1200 jobs and shut Mount Isa copper mines by 2025
Swiss mining giant Glencore is set to announce it will close its three underground copper mines in Mount Isa by the second half of 2025.
- Updated
- Mark Ludlow
Woodside calls for ‘urgent’ reforms amid threat to Scarborough gas
The warning by chief executive Meg O’Neill came as Woodside delayed its flagship clean energy project, a US hydrogen venture in America.
- Angela Macdonald-Smith
WA LNG strike averted through 11th-hour deal
The resolution to the Chevron dispute brings to an end industrial action that has plagued WA LNG plants for over two months and sparked gas price spikes in Europe.
- Angela Macdonald-Smith and David Marin-Guzman
Alinta Energy taps MA Moelis to shop billing platform
Alinta is understood to have fielded inbound interest, before kicking off a wider search.
- Sarah Thompson, Kanika Sood and Emma Rapaport
