Storms in Victoria and heatwaves in Queensland strained the power grid and drove wholesale prices higher as Australia faced its third-hottest summer on record.
Britain’s biggest asset manager will vote to remove Richard Goyder as chair of Australian energy giant Woodside amid a backlash over the board’s climate stance.
Woodside chair Richard Goyder has written a last-minute letter to investors ahead of a vote next week on his own position and the company’s plans for climate change.
Pumped hydro projects are at risk of missing out on contracts under the federal government’s green energy financing scheme,despite warnings they are critically needed.
Woodside shareholders are about to decide if the company is doing enough to diversify revenue away from fossil fuels as warnings intensify about emissions heating the planet.
The company’s credibility will be put to the test this month when backers have their say on its emissions plan and the future of chairman Richard Goyder.
The mining giant is part of a consortium building a huge new mining province in Guinea,where there are fears for the survival of a species of chimpanzee.
East coast gas producers will avoid facing unprecedented orders to break export contracts and redirect supplies to Australian buyers this winter.
Australia’s largest oil and gas company is at risk of facing an investor backlash over its response to climate change at an upcoming shareholder vote.
Rio Tinto will take over rehabilitating the former Ranger uranium mine in the Northern Territory following years of delays and budget blowouts.
The energy industry is warning greater co-ordination is needed to ensure new supplies are built in time for more coal-fired power plant closures.