Yesterday
Cyclone forces WA LNG shutdowns, worsening global gas crunch
More than a quarter of global LNG supply has been knocked out by the suspension of exports from Qatar and disruption to WA operations from Cyclone Narelle.
This Month
Full speed ahead on Qld’s Taroom Trough oil amid fuel security fears
Oil from 3 kilometres underground in south-east Queensland could flow to Ampol’s Brisbane refinery within two years, helping cut reliance on imports.
Batteries, coal push out East Coast gas shortage to 2029
Delays in coal power station closures and a wave of battery storage projects have cut expected demand for gas, helping ease the imminent threat of a shortfall.
Stand up to whinging gas giants
Readers’ letters on a controversial drawing in The Australian Financial Review, gas tax, replacing Jacinta Allan, and self-managed superannuation funds.
Snowy suffers fresh pain over Kurri Kurri project delays and costs
S&P Ratings has warned that the cost blowouts at the project and at Snowy 2.0 mean the company will need more financial support from the federal government.
Santos hit by outage at Barossa LNG just as gas faces global crunch
The stoppage at the gas project in the Timor Sea has cut LNG supplies to Asia, the region worst affected by the absence of exports from Qatar and a spike in prices.
This steelworks says food waste can help ease the gas crunch
As it confronts the global oil shock, NSW Premier Chris Minns wants his state to become energy-independent. Businesses say a homegrown fuel fix exists and can help.
IEA boss warns Australia against ‘abrupt’ changes to oil and gas taxes
International Energy Agency executive director says sudden tax changes on gas exports could damage Australia’s reputation as a reliable trading partner.
Supply cliff edge looms as Gulf’s final LNG shipments approach ports
Qatar’s LNG import terminals have reduced their operations to one-sixth of normal levels and will have stopped dispatching gas completely by the end of the month.
Eyes on 3D Energi as oil and gas giant Conoco flexes buy-out rights
Sources said 3D has hired advisers to negotiate the buy-out with ConocoPhillips. It is also said to be courting regional players capable of lobbing a rival bid.
Work from home and limit flights, urges IEA, as fuel crisis deepens
The International Energy Agency warning came as major companies reworked pricing and supply chains to withstand a drawn-out Middle East conflict.
Drill, baby, drill: It’s boom time for mineral and petroleum explorers
Pre-revenue exploration companies are holding a record $12 billion of cash as investors chase returns through the discovery of new mineral, oil and gas deposits.
Jillaroo to CEO: Liz Westcott’s unusual journey to the top of Woodside
The new chief executive says she’s always enjoyed surprising people. She wants her actions to speak louder than words as she takes the helm at the company.
Gas tax on the agenda as war prompts budget rethink
Proceeds from a new levy on gas giants could be used to help Australians cope with any spike in energy prices caused by the Iran conflict.
LNG markets could face year-long turmoil after strike on Qatar facility
The missile attack on the plant could disrupt global supply for more than a year, as analysts tear up forecasts from earlier this year of a slump in prices.
Trump warns US could ‘massively’ bomb Iran gas field in new war phase
The president’s threat came even as he tried to distance Washington from Israel’s strikes on the area, which prompted Iran to attack Qatar’s key LNG asset.
Don’t tax away Australia’s gas security
The Gas Market Review presents an opportunity to reset national policy and restore certainty and investment confidence for Australian producers and users.
How the Iran war could hit your electricity bill this winter
Gas plays a pivotal role in our own domestic energy system, especially in winter. If it continues, this distant war may ripple into the Australian grid.
Woodside faces slower green ammonia start-up as customer demand lags
The delay to the start of low-carbon ammonia at a plant in Texas comes as the company confirmed its $7 billion target for clean energy investments by 2030 despite the Iran war.
Japan seeks more Australian LNG as war rattles global energy supplies
Australia supplies about 40 per cent of Japan’s LNG imports and is widely seen as the region’s most reliable supplier of the fuel.
