The world is grappling with an energy crisis sparked by Russia’s invasion of Ukraine. But the International Energy Agency boss warns we may not have seen anything yet.
The former government denied the extension of a gas permit and is now being sued in the Federal Court by private company Asset Energy.
Oil and gas billionaire Bryan Sheffield’s family has had a long relationship with Australia. Now they’ve made a $110 million bet on gas in the Northern Territory’s Beetaloo Basin.
Power prices are set to keep rising to a point where market intervention against gas companies will become inevitable,an energy expert is warning.
Widening interest rate differentials and the rapid appreciation of the US dollar is causing turmoil in currency and other financial markets.
With a grim winter looming,Europe is focusing more on getting through it rather than trying to address some crucial long-term energy issues resulting from its stoush with Russia.
The strategic and economic importance of ridding our electricity system of fossil fuels is suddenly plain to see.
The crisis has been steadily worsening as Russia throttles supplies. Gas prices in Europe are about four times higher than a year ago.
Queensland gas is a “natural ally” of renewables and will support the addition of more intermittent energy,Federal Resources Minister Madeleine King told a business audience in Brisbane on Thursday.
Santos’s international partners in a Queensland LNG project fear their countries’ energy security will be put at risk if the federal government caps gas exports.
Resources Minister Madeleine King has warned Australia’s largest gas companies will face unprecedented export controls by the start of next year unless they commit to supplying enough gas to the domestic market.