While the Australian government has dragged its feet on committing to a net-zero climate target in one of the world’s biggest fossil fuel exporters, the nation’s 10 million households are Continue Reading
BHP Group ’s exit from thermal coal is looking less certain as record prices and shifting investor attitudes put the brakes on its planned retreat from the dirtiest fuel, according Continue Reading
BHP, the world’s largest miner, has seen its plan to divest thermal coal assets stalled amid the recent rally in coal prices in the global energy crunch, sources with knowledge Continue Reading
Australia is rejecting a push by the U.S. and the European Union to join a global pact to cut methane emissions, expected to be announced at the crucial COP26 summit Continue Reading
While countries around the world have turned their backs on coal due to its high emissions, Australia is one country that is unlikely to follow suit So far this month Continue Reading
Australia’s Environment Minister Sussan Ley on Thursday approved an expansion of a Whitehaven Coal (WHC.AX) mine – a decision which comes despite a historic court ruling that she had an Continue Reading
Mineral Resources Limited revealed that recent drilling activity led to a ‘significant’ gas discovery at the Lockyer Deep 1 project in the onshore Perth Basin, Australia. Mineral Resources Limited (MRL) Continue Reading
BP Plc (BP.L) said on Tuesday it was conducting a joint feasibility study with Australian lender Macquarie Group (MQG.AX) to produce green hydrogen at the oil giant’s former refinery site Continue Reading
Sydney, the epicentre of Australia’s biggest coronavirus outbreak, is expected to see daily infections peak next week, authorities said on Monday, as they look to speed up immunisations before easing Continue Reading
Coal will be a major contributor to Australia’s economy well beyond 2030 given growth in global demand, the country’s resources minister said on Monday, a day after a United Nations Continue Reading
Australia, struggling to quell its worst wave of COVID-19, reported 1,756 infections on Saturday, another record high, and officials warned that worse is yet to come, urging people to get Continue Reading
Australia’s conservative government introduced legislation on Thursday that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy Continue Reading
Australia reported a record 1,126 coronavirus infectious on Saturday, the vast majority in New South Wales, the epicenter of the Delta-fuelled outbreak. More than half of Australians have been in Continue Reading
BHP Group unveiled the most sweeping change to its business since the world’s biggest miner was created two decades ago, as it plans an escape away from fossil fuels to Continue Reading
The world’s biggest mining company is plotting a new future. It wants to focus solely on mining. BHP Group Ltd. said it is considering selling its oil-and-gas business in what Continue Reading
Australia’s biggest city of Sydney recorded its deadliest day of the COVID-19 pandemic on Monday as troops and police set up roadblocks to limit the movement of people, while Melbourne Continue Reading
Expectations are growing that BHP Group Ltd (BHP.AX) (BHPB.L) will deliver a verdict on the future of its petroleum business at its results next week, as it comes under increasing Continue Reading
The production of green hydrogen and green ammonia is technically feasible at scale in Australia, but will require a major investment in port, electricity and water services, BP said on Continue Reading
Sydney reported a record daily number of new coronavirus infections on Thursday, as Victoria state said it will enter a snap one-week lockdown as Australia struggles to contain an outbreak Continue Reading
Four days ago, we reported a shipping container-sized Tesla Megapack battery unit at the world’s largest energy storage project, operated by France’s Neoen SA, in Australia’s Victoria, dubbed “Victorian Big Continue Reading
Visitors to the BHP (formerly known as BHP Billiton) booth speak with representatives during the Prospectors and Developers Association of Canada (PDAC) annual convention in Toronto, Ontario, Canada March 4, Continue Reading
More than half of Australia’s 25 million population is under lockdown after a third state-imposed movement restriction on Tuesday to contain the spread of the highly contagious COVID-19 Delta variant. Continue Reading
SYDNEY, July 16 (Reuters) – Australian Prime Minister Scott Morrison and state premiers were under increasing public pressure on Friday to get on top of a fast-growing Delta variant COVID-19 Continue Reading
Australian authorities extended a lockdown in Sydney on Wednesday by at least 14 days, after three weeks of initial restrictions failed to stamp out the biggest outbreak of COVID-19 this Continue Reading
Highlights Project to produce 3.5 million mt/year green hydrogen Partners in project are CWP, Mirning Green Energy InterContinental Energy plans to build a 50 GW Western Australia renewable energy hub Continue Reading
The prospect of an extended lockdown in Sydney loomed on Monday as Australian health officials reported yet another record daily rise in COVID-19 cases for the year, fuelled by the Continue Reading
Australia’s New South Wales (NSW) state on Thursday reported its biggest daily rise in locally acquired cases of COVID-19 this year as officials struggle to stamp out a growing cluster Continue Reading
A key mining region in Australia, the world’s top exporter of metallurgical coal used in steelmaking, is producing vastly more methane emissions than global competitors, according to new analysis. For Continue Reading
Chevron Corp (CVX.N) and its partners in the Gorgon LNG project off Western Australia have agreed to go ahead with a $4 billion project to improve gas recovery from offshore Continue Reading
Australia’s oil industry lobby group on Tuesday slammed as “extreme” the amount the government has proposed as a levy on all of the country’s offshore oil producers to cover the Continue Reading
Australia’s largest city of Sydney re-introduced “soft touch” COVID-19 curbs on Wednesday to contain a widening outbreak of the highly infectious Delta variant, mandating masks in offices while neighbouring states Continue Reading
Highlights Decision hinders 26 GW solar, wind project Still targets ammonia exports from 2027 Consortium targets financial close by 2025 The Australian government has rejected an application to build what Continue Reading
For a fresh perspective on the stories that matter for Australian business and politics, sign up for our weekly newsletter . Robeco Institutional Asset Management BV will soon start pressuring Continue Reading
Electric cars giant Tesla (NASDAQ: TSLA) said it expects to soon begin buying more than $1 billion a year of Australian lithium, nickel and other critical minerals for its batteries Continue Reading
The world’s largest developer of renewable hydrogen projects, InterContinental Energy, is targeting ammonia exports on a massive scale from its pioneer project in Western Australia, the company’s chief strategy officer, Continue Reading
The relationship between Australia and China has been going through a difficult period lately. Altercations surrounding the origins of COVID-19 rage on, all the while China has found ways to Continue Reading
It is very hard to give up on one’s own resource bounty and Australia knows it only too well. Endowed with the world’s third-largest coal reserves coupled with ample hydrocarbon Continue Reading
For more than 200 years, workers at the Port of Newcastle have loaded ships with coal dug out of nearby mines for transport to Asia and beyond. But with global Continue Reading
The U.S. has called out Australia’s lack of climate ambition ahead of President Joe Biden’s summit of global leaders. “Our colleagues in Australia recognize that there’s going to have to be Continue Reading
China has slammed Australia’s decision to cancel agreements between the Belt and Road Initiative and the Victoria state government, signaling a worsening of ties between the nations. The Australian federal government Continue Reading
Australia has abandoned a goal to vaccinate nearly all of its 26 million population by the end of 2021 following advice that people under the age of 50 take Pfizer’s Continue Reading
There’s growing alarm in Canberra over what’s expected to be Australia’s inevitable increased dependence on foreign petroleum amid a major influx of cheaper refined oil products from China. It comes Continue Reading
Floods in eastern Australia, affecting the states of New South Wales and Queensland, have impacted operations at coal mines in the region, stalled railway transportation, affected port schedules and disrupted Continue Reading
Australian authorities are planning to evacuate thousands more people on Monday from flood-affected suburbs in Sydney’s west, which is set for its worst flooding in 60 years with drenching rain Continue Reading
Australia’s east coast was smashed by heavy rains on Saturday, sparking dangerous flash flooding that forced the evacuation of multiple regions as the fast-moving waters unmoored houses, engulfed roads, stranded Continue Reading
Asian fuel exporters are hungrily eyeing Australia as the country’s shutdown of almost all its refineries creates a bright demand spot amid otherwise coronavirus crimped markets. China appears to be Continue Reading
The pandemic has accelerated refinery closures globally as refiners and oil majors acknowledge that some sites have become permanently uneconomical amid depressed refining margins, fierce regional competition, and expectations of Continue Reading
Australia’s fuel security is becoming an increasingly imminent challenge for the country as another refinery closes in Melbourne. With the country’s already high import bill climbing, experts are beginning to Continue Reading
Australia is planning another giant grid-scale battery as the global roll out of super-sized energy storage projects accelerates. The project in New South Wales-state, which will be three times larger than Continue Reading
Just days after residents of Perth, Australia’s fourth-largest city, were ordered to stay in because of the coronavirus, some were forced to flee their homes on Tuesday as a ferocious Continue Reading
