Chevron ditches plans to drill off Australia’s south coast
U.S. oil major Chevron Corp has abandoned plans to explore the deep water off Australia’s south coast, long seen as a promising prospect, as weak oil prices are making the Continue Reading
Protesters set to rally against Australia’s biggest coal project
Environmental activists are due to start a week of protests on Sunday against a major coal mining project they say will damage Australia’s Great Barrier Reef and contribute to global Continue Reading
Strong overseas demand for Australia coal deprives local utilities of fuel
Strong Asian demand for coal from Australia is depriving domestic power generators of fuel and driving electricity prices higher, energy providers and mining sources said. Local power companies are typically Continue Reading
BHP misses on profit, dividend; focuses on paying down debt
BHP tripled its final dividend to $0.43 a share, also below expectations, but pleased shareholders with a focus on reducing net debt, which was cut by nearly $10 billion. “Net Continue Reading
Australia’s North Queensland Jul coal exports rise 9% on year to 12.24 mil mt: NQBP
Exports of coal from the metallurgical coal dominant region of North Queensland, Australia, totaled 12.24 million mt in July, up 9% year on year but down 4% from June, North Continue Reading
Panel beaters: Australia utilities branch out as customers shift to solar
Australia’s power utilities and grid operators, under threat from the world’s fastest take-up of home solar panels, are rushing to come up with ways to stay relevant and protect long-term Continue Reading
Renewables Could Overtake Fossil Fuels In South Australia By 2025
Declining renewables and energy storage costs will increasingly squeeze out gas-fired generation in South Australia as early as 2025, a joint research report conducted by Wood Mackenzie and GTM Research Continue Reading
In Australia, Shell signals new era for LNG
The largest facility of its kind ever built, Shell’s floating Prelude liquefied natural gas facility arrives at its home off the coast of Western Australia. Photo courtesy of Shell Australia. Continue Reading
EnergyQuest: Australia achieves record LNG exports in 2016-17
Australia exported a record volume of 51.4 million tonnes of LNG during the 2016-17 financial year, according to figures just released by energy consultancy EnergyQuest, Adelaide. It is the first Continue Reading
BHP to expand U.S. onshore work, though output falters
U.S. oil field development extends into 2018 on the back of increased spending, but total petroleum production falters on field maturation, BHP Billiton said. Onshore U.S. production for the Australian Continue Reading