News
Korean giant strikes out at gas intervention
The largest South Korean investor in Australia and one of the world’s biggest buyers of LNG has attacked political intervention in the domestic market and questioned whether it can rely on multibillion-dollar deals it has struck with local producers to buy energy.
Gas giants say Australia opposition’s plan to reserve supplies could worsen shortfall
Global gas giants said on Tuesday an election campaign proposal by Australia’s opposition coalition that would force producers to direct more export gas into the domestic market would deter investment without tackling looming shortages.
Dutton to force more gas into domestic market in power price pitch
Opposition Leader Peter Dutton has fired a salvo on energy prices ahead of Friday’s announcement by Prime Minister Anthony Albanese of a May 3 election.
More gas and lower prices ‘years away’ as experts poke holes in Coalition’s gas reservation policy
In the febrile environment of a federal election campaign, an uneasy consensus seems to have emerged between the major parties on an unlikely topic — the gas industry.
WA resources sector injects $150 billion into economy
Western Australia’s resources sector injected a record $150 billion into the national economy in 2023–24.
Mining is the beating heart of WA economy
All Western Australian know that you do the heavy lifting for Australia’s economy, but it’s mining that makes your incredible work possible.
Mining giant Fortescue says Big Oil is getting it wrong on renewables: ‘Your customers want green energy’
Australian mining tycoon Andrew Forrest — founder and executive chairman of Fortescue — says Big Oil is getting it wrong on renewables at a time when European energy majors are doubling down on fossil fuels to boost near-term shareholder returns.
Trafigura scraps $750m green hydrogen plant at Port Pirie
A $750m green hydrogen project in South Australia has been quietly shelved, adding to a string of projects failing to move beyond a feasibility stage.
How Zen Energy – developed by Ross Garnaut – got caught by a wind drought
The loss-making renewable energy company developed by the high-profile economist is precariously placed after its trading position was damaged by a wind drought.
Australia’s lithium dream is fading. Can tax breaks revive it?
The prime minister believes he can revive hopes of turning Australia into a minerals processing powerhouse. Is this anything other than wishful thinking?
Look what happens when governments bash mining
When our resources giant, BHP, ‘the Big Australian’, reported last month that it seeks its future prosperity much more in the Americas (north and south) than under home soil, it was not only on the basis that these resources provided an appropriate and potentially rewarding opportunity.