Up to $US22 billion of impairments show how the pandemic has left no part of the energy giant’s sprawling business unscathed.
Construction of a $4.5 billion fertiliser plant in Karratha is scheduled to start next year after Perdaman Industries appointed local engineering firm Clough as joint lead contractor on the project.
AGL Energy will link executive bonuses to expanding in renewable energy and increasing the proportion of its carbon neutral sales.
Australia’s resilient resources and energy sector will post record export earnings of $293 billion this financial year, backed by the key WA commodities of iron ore, LNG and gold.
Former Woodside Petroleum boss Don Voelte and former Shell Australia chairwoman Ann Pickard still see scope for big projects like Scarborough and Browse.
Federal Opposition leader Anthony Albanese will seek to draw a line under the coal wars and offer an olive branch to the Government on energy policy.
Chevron will supply Nickel West with a total of 22 Petajoules of domestic gas for the next 3.5 years.
Woodside CEO Peter Coleman says price would be the main factor in determining whether the company bids for the stake in Chevron's North West Shelf project.
Two veteran executives will leave the company while four others have been promoted.
The move could simplify complex toll treatment negotiations around the proposed $US20.5 billion Browse LNG project.
The energy giant says its decision to sell its 16.6 per cent interest followed ‘a number of unsolicited approaches from a range of credible buyers’.
The company, previously known as Caltex Australia, in May said it had seen a slump in fuel demand amid widespread social restrictions and business closures.
The Federal Government will tomorrow unveil its plans to prevent fuel shortages and have a secure domestic oil reserve onshore while also boosting jobs.
Worley expects 2020 to be a tipping point for the shift to renewables and will work on achieving net zero emissions by 2030.
The changes are expected to significantly affect senior levels, cutting the number of group leaders by a third.
OPEC+ has agreed to a one-month extension of its record output cuts and adopted more stringent methods to ensure members don’t break their production pledges.
Salma El Wardany, Grant Smith, Javier Blas and Dina Khrennikova
EnergyQuest says the delaying and shelving of major LNG projects could see WA domestic gas supplies crimped within five years.
More affordable electricity could be on the horizon for Indigenous communities across regional WA as the Federal Government injects almost $20 million into local off-grid energy supplies.
Apex Opportunities Fund, a consortium of Canada’s OP Trust and Australian asset manager Infrastructure Capital Group, joins PEP in $150m takeover.
Multi-million dollar turnaround begins at US oil and gas giant’s Gorgon LNG project off NW Coast.
The worst is yet to come for Australian businesses, and the mining sector will not be immune, after the latest private capital expenditure data showed only a modest impact from COVID-19.
Having hit Australian barley and beef with restrictions, China is again hinting at widening its backlash against the Morrison Government by reducing LNG imports
Small modular nuclear reactors could be built on mine sites or in regional towns to provide baseload zero emissions energy, according to the Federal Government’s technology investment roadmap.
Perth Basin explorer moved closer to FID on project that will deliver gas into WA’s domestic gas market.
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