Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement

Gas

Today

Crude oil pipes in Texas. BP sees need for fossil fuel investment until 2050.

Macquarie buys up $3.7b of US Gulf energy assets

Macquarie Asset Management is buying an initial $3.7 billion stake in US Gulf Coast pipeline and related assets owned by Dow. 

  • Matthew Cranston

This Month

Squadron Energy’s terminal at Port Kembla may be able to deliver gas to Victoria by 2026, but customers have been so far unwilling to commit to firm commercial agreements.

Victoria is running out of gas and there is no easy fix

A gas-rich, wealthy country unable to supply gas to its major population centres is a massive policy failing. There is one “least-worst” solution.

  • Tony Wood

November

The West Erregulla-2 gas discovery in Western Australia.

Strike Energy surprised by swift MinRes $1.1b gas sale

Gina Rinehart’s $1.1 billion buyout of MinRes’ WA onshore gas assets could delay a joint venture with Strike Energy, but highlighted the JV’s apparent discount.

  • Mark Wembridge
Tiwi Islanders holding a banner they made to protest the Barossa gas project.

EDO to hand more than $9m to Santos after failed Barossa suit

But the oil and gas giant has been unsuccessful in forcing the taxpayer-funded, climate-focused legal service from disclosing publicly who bankrolled its suit.

  • Updated
  • Angela Macdonald-Smith

Electrification and renewables could slice 20pc off energy bills: AEMC

The agency that writes the rules governing the electricity and gas markets estimates big savings for families if they move away from petrol cars and gas.

  • Angela Macdonald-Smith
Advertisement
Jemena managing director David Gillespie.

Singapore Power ‘pauses’ $5b-plus Jemena stake sale

GIP’s local dealmakers are understood to still be interested.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
A Russian oil tanker in Novorossiysk. A scramble to avoid Russian oil has spiked the price.

As Ukraine crisis worsens, big oil and gas see rising share prices

Two major oil benchmarks rose 6 per cent last week, and are expected to continue climbing amid fears the conflict with Russia will intensify.

  • Cecile Lefort
Woodside CEO Meg O’Neill said the federal government needs to act to grow gas production or risk compromising Australia’s energy security.

Labor failing gas industry on lawfare, approvals: O’Neill

Meg O’Neill said the Albanese government’s lack of progress on streamlining gas approval processes and reining in “lawfare” risks imperilling energy security.

  • Angela Macdonald-Smith
Santos CEO Kevin Gallagher’s promising shareholders a smoother ride.

Santos swears it will end the boom and bust years

It’s one thing to preach discipline, it’s another to practice it.

  • Anthony Macdonald
Santos CEO Kevin Gallagher in Sydney on Tuesday.

Dollars over barrels: Santos’ pledge to investors

A new dividend policy – which is underpinned by softer guidance for output – comes amid pressure on the oil and gas producer to lift investor returns.

  • Angela Macdonald-Smith
Liberty Energy chief executive Chris Wright is a staunch defender of fossil fuel use.

Trump’s new energy secretary linked to Beetaloo Basin gas project

Chris Wright’s Liberty Energy is behind the fracking fleet used for extraction from developing fields in the Northern Territory.

  • Updated
  • Matthew Cranston
Santos CEO Kevin Gallagher is under fire over the company’s road map to reach net zero emissions by 2040.

Santos’ own director queried use of ‘clean’ definition: ACCR

Then-director Peter Hearl’s querying of the company’s use of the word “clean” exemplifies how readers of its climate report have been misled, Federal Court hears.

  • Angela Macdonald-Smith
Woodside’s Scarborough gas project in Western Australia is 74.9 per cent complete, including 51 per cent completion at the onshore LNG plant.

Woodside acting on Scarborough gas emissions

The oil and gas producer has made investments to reduce emissions at the Scarborough project, and is examining bigger ones, including carbon capture.

  • Updated
  • Mark Wembridge and Angela Macdonald-Smith
Origin Energy chief executive Frank Calabria isn’t waiting to see the terms of a review into Australia’s National Electricity Market.

How to keep Australia pumping for another 25 years, and the lights on

The Origin Energy boss has been in his industry and job long enough to know when to fly kites.

  • Anthony Macdonald
Origin Energy CEO Frank Calabria at a CEDA lunch in Sydney on Monday.

Origin CEO calls for redesign of failing national power market

Frank Calabria has proposed a market mechanism to drive investment in gas power plants needed to support renewables and head off further government intervention.

  • Angela Macdonald-Smith
Advertisement
Santos’ new carbon capture and storage operation at Moomba in South Australia.

Net zero’s uneasy pact with carbon capture and storage

Santos and Beach Energy’s Moomba project hopes to overturn the technology’s weak reputation. Its detractors say it has already had 20 years to prove them wrong.

  • Angela Macdonald-Smith

October

Gina Rinehart is targeting the WA domestic gas market

Gina Rinehart emerges as gas major as Hancock posts $5.6b profit

The country’s richest person’s private vehicle, Hancock Prospecting, boosted earnings as it shipped more iron ore from its big West Australian mines.

  • Mark Wembridge, Angela Macdonald-Smith and Elouise Fowler
Brett Woods at the Moomba carbon capture project in May 2023 when he was still employed by Santos.

Santos’ hydrogen assumptions ‘absurd’, ACCR lawyers suggest

Oil and gas producer’s estimates for hydrogen sales were unreasonable, leaving its net zero target lacking credibility, the Federal Court heard.

  • Angela Macdonald-Smith
The Moomba carbon capture and storage project is central to Santos’ plans for emissions reductions. But the ACCR is alleging those targets are misleading.

Santos says activist demands would deter climate targets being set

The oil and gas producer is being sued by environmental groups in the Federal Court who argue its long-term carbon reduction plan is “a series of speculations”.

  • Angela Macdonald-Smith
Santos CEO Kevin Gallagher has presented the climate strategy to investors.

‘Series of speculations’: Santos climate targets under attack

The Federal Court case brought by the Australasian Centre for Corporate Responsibility alleges Santos deceived consumers with its clean energy claims.

  • Angela Macdonald-Smith