Energy

Assets goneExxonMobil sells North Sea sites for $US1b

The Texas oil giant is selling most of its drilling and exploration assets off the coast of the UK in the North Sea for more than $US1 billion ($1.26b).

EnergyNew rules to come for solar households

New minimum standards will apply across Australia to household energy technologies like solar systems to prevent them from tripping.

Hannah Ryan

Pipe dreamTranscontinental gas pipeline back on agenda

APA and Western Gas are looking at a proposal to sell gas from the Equus field to east coast customers.

Sean Smith

An Australian firstAPA launches hydrogen pipeline pilot program

The “landmark” project supports a growing push into hydrogen by businesses moving to transition to new energy sources.

Sean Smith

BusinessOil Search suffers loss, improves safety

PNG oilfields operator Oil Search suffered a huge loss in 2020 due to weak demand during the COVID-19 pandemic and an oil price downturn.

Colin Brinsden

Shares soarMacquarie lifts forecast on Texas power demand

Macquarie Group has raised its earnings forecast for the second time in two weeks.

Peter Vercoe

Bouncing backBig Business is back after bumper reporting week

Almost every business sector hurt early in COVID-19 has bounced back strongly.

Sean Smith

EnergyWoodside says Myanmar coup won't hit plans

Woodside Petroleum says the military coup in Myanmar will not affect its drilling in waters off the Southeast Asian nation.

Sonali Paul

New schemeFeds playing catch-up on emissions reporting: business

A proposal for a new climate transparency register shows the Federal Government is finally catching up to big business, with many companies having already taken steps towards cutting carbon emissions.

Danielle Le Messurier

Out of favourBanks’ shunning of Aussie coal triggers inquiry

MPs have launched an inquiry into the climate change stance of financial firms and the impact on major fossil fuel exports, after banks, insurers and pension funds began restricting support for coal.

Matthew Burgess

Winners and losersLNG exports banned as Texans endure deep freeze

While many households in the Lone Star state have been struggling to stay warm, some natural gas and power providers are poised to make billions from skyrocketing energy prices.

Joe Carroll and Sergio Chapa

COVID burnWoodside backs looming oil ‘supercycle’ call

The energy’s group’s boss Peter Coleman says he supports recent forecasts suggesting oil prices could top $US100 a barrel as governments spend bid to revive their economies.

Sean Smith

Base relocationCOVID forces INPEX heli transfer return to Broome

The company has since April last year based helicopter transfers to the Icthys offshore LNG platform out of the remote Truscott airstrip to protect against the spread of COVID-19.

Tom Zaunmayr

How WA is creating the solutions to the world’s energy challenges

Here are some of the reasons WA leads the conversation when it comes to energy innovation.

AOG Energy

Bleeding moneyWA’s biggest mining blowouts revealed

Fortescue Metals Group isn’t the first to bust the budget on a new mine, and it is most definitely not the worst. We take a look at some of WA’s biggest blowouts that rocked the resources industry.

Sean Smith

Pandemic impactLNG slump delays profit flow to Canberra coffers

Lower LNG prices as a result of the COVID pandemic are likely to delay tax payments as new projects take longer to recover costs.

Stuart McKinnon

EnergySolar households in NSW asked for feedback

Households producing solar power in NSW are being asked to speak up about whether their needs are being met.

Tiffanie Turnbull

Oil slumpBeach touts Waitsia ‘game-changer’ amid profit slide

Beach Energy boss Matt Kay has described the company’s recent decision to press the button on the $768 million Waitsia Stage 2 project in the Perth Basin as a “game changer”.

Stuart McKinnon

New Santos hitWA gas field adds to Santos losses

The energy group has warned of further writedowns against its gas assets, including Reindeer off WA’s north-west coast.

Sean Smith

WA votes‘We can’t trust Libs’: Union warning on deregulation

Energy deregulation would cause mass redundancies and rocketing energy prices in WA, a new campaign by one of Australia’s largest unions claims.

Charlotte Elton

On boardOil, gas lobby backs net zero emissions by 2050

Australia’s peak oil and gas body has flagged its support for achieving net zero by 2050, as emissions continue to rise in the sector.

Rebecca Gredley

EnergyShell speeds up carbon reduction targets

Oil giant Shell will accelerate near-term and long-term plans aimed at reducing its net carbon emissions intensity to zero by 2050.

Ron Bousso and Shadia Nasralla

Power punchLibs’ flagship energy policy ‘unachievable’: Labor

The WA Liberals’ ambitious renewables-led energy transformation would result in ‘rolling blackouts’, huge job losses and add billions of dollars to State debt, Premier Mark McGowan has claimed.

Josh Zimmerman