Rinehart takes majority stake amid battle for Perth Basin gas company

Rinehart takes majority stake amid battle for Perth Basin gas company

Gina Rinehart,the nation’s richest person,has become the controlling shareholder of Western Australian junior gas producer amid a drawn-out takeover battle.

  • byNick Toscano

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US gold mining giant lobs $24b takeover bid for Newcrest

US gold mining giant lobs $24b takeover bid for Newcrest

Top Australian gold miner Newcrest’s shares have soared after the company said it has received a takeover offer from the world’s largest listed gold producer.

  • byNick Toscano
Aluminium sector vies for ‘critical’ status amid green tech rush

Aluminium sector vies for ‘critical’ status amid green tech rush

Companies such as Rio Tinto and Alcoa are backing a push for Australia to recognise their products as “critical minerals” in the green energy shift.

  • byNick Toscano
Japanese energy giant fires warning shot on NSW coal reserve plan

Japanese energy giant fires warning shot on NSW coal reserve plan

A major Japanese investor in Australia’s mining sector has urged NSW to scrap a plan to force coal exporters to reserve up to 10 per cent of their output for local power stations.

  • byNick Toscano
Origin Energy’s gas revenue soars on strong global demand

Origin Energy’s gas revenue soars on strong global demand

Booming oil and gas prices have delivered another huge revenue boost for Origin Energy,but calls are mounting for the industry to sell more gas locally.

  • byNick Toscano
Manufacturers demand more gas as new supply offers stall

Manufacturers demand more gas as new supply offers stall

Heavy gas users claim there is more than enough gas to go around,but sales offers are failing to flow.

  • byNick Toscano andMike Foley
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In race for EV metals,BHP casts wider net to locate copper,nickel

In race for EV metals,BHP casts wider net to locate copper,nickel

The launch of the Xplor program is a sign that BHP is starting to think outside the box,casting an even wider net for potential growth options.

  • byNick Toscano
Coal reservation scheme stokes fears for BHP’s Mt Arthur mine

Coal reservation scheme stokes fears for BHP’s Mt Arthur mine

BHP is reassessing the future of Mt Arthur coal mine,the biggest in the Hunter Valley,as the NSW government prepares to enforce new coal price caps.

  • byNick Toscano
Woodside warns drilling for more gas ‘hard to justify’ due to government intervention

Woodside warns drilling for more gas ‘hard to justify’ due to government intervention

Plans to develop more gas fields off Victoria’s coast are in doubt after energy giant Woodside said federal price caps make it hard to justify taking exploration risks.

  • byNick Toscano andMike Foley
Woodside faces big questions in year ahead after strong 2022

Woodside faces big questions in year ahead after strong 2022

Woodside beat production guidance in 2022,but the year ended with lowering prices,losses on hedging and regulatory challenges ahead for east coast gas sales and offshore construction.

  • byPeter Milne andNick Toscano
Fossil fuels fall to record low in power grid as renewables hit new high

Fossil fuels fall to record low in power grid as renewables hit new high

Both black and brown coal fell to their lowest average shares since the east-coast electricity market was created in 1998.

  • byNick Toscano andMike Foley