Incitec Pivot has stitched up a gas supply deal that will allow it to opt out of the volatile east coast gas market.
Power giant AGL has taken a major coal-fired unit offline for $92 million of maintenance to minimise the risk of faults crimping supply and straining the grid.
The towers will be blown up,thousands of tonnes of steel and concrete will be trucked away and workers will hang up their hard hats. This is how the Liddell coal-fired power station will be demolished.
Energy giant AGL has reported a half-year loss of more than $1 billion,capping off a tumultuous period for the nation’s largest greenhouse gas emitter.
The nation’s largest greenhouse gas emitter has appointed interim CEO Damien Nicks to the job permanently to lead its efforts to more aggressively decarbonise its operations.
The appointment of the bloke who had been filling in,Damien Nicks,as chief executive seems like an anti-climax,given the expectation of a new climate transition expert.
Corporate Australia battled a much harder economic landscape than it expected during the year,but most attention was on board stoushes,hackers and a big move by the Big Australian.
NSW will hit its current target of halving emissions from 2005 levels by 2030,said Treasurer Matt Kean,who will on Friday announce the new goal of a 70 per cent reduction by 2035.
One of the world’s largest gas lobby groups has mistakenly published confidential papers revealing its messaging plans to keep the fossil fuel’s social licence.
The developer of a gas project in the Otway Basin set to supply AGL is calling for assurances from the government about the extent of its intervention plans.
AGL will close South Australia’s Torrens Island B gas-fired power plant in 2026 as fossil fuels face pressure from wind and solar undercutting their viability.