Origin Energy Ltd. will delay the retirement of Australia’s largest coal-fired power station by almost two years to ensure stable energy supply through the roll-out of renewable generation.
Origin Energy Ltd. will delay the retirement of Australia’s largest coal-fired power station by almost two years to ensure stable energy supply through the roll-out of renewable generation.
A stockpile of coal at Eraring Power Station in Eraring, New South Wales, Australia.
Australia’s Akaysha Energy Pty is considering options to raise more funds, including selling a significant minority stake, as demand for energy storage grows, according to people with knowledge of the matter.
Australia’s Akaysha Energy Pty is considering options to raise more funds, including selling a significant minority stake, as demand for energy storage grows, according to people with knowledge of the matter.
Australia’s Akaysha Energy Pty is considering options to raise more funds, including selling a significant minority stake, as demand for energy storage grows, according to people with knowledge of the matter.
Australia’s Akaysha Energy Pty is considering options to raise more funds, including selling a significant minority stake, as demand for energy storage grows, according to people with knowledge of the matter.
Chevron Corp. and private equity group Quantum Capital Group LLC will join forces to buy the international assets of sanctioned Russian oil company Lukoil PJSC, according to the Financial Times.
Chevron Corp. and private equity group Quantum Capital Group LLC will join forces to buy the international assets of sanctioned Russian oil company Lukoil PJSC, according to the Financial Times.
A Lukoil PJSC gas station in Bucharest, Romania. Photographer: Ioana Moldovan/Bloomberg
Millions of people living on the expanding outskirts of Australia’s major cities face an increasing risk of urban wildfires similar to the deadly blazes in Los Angeles last year.
Millions of people living on the expanding outskirts of Australia’s major cities face an increasing risk of urban wildfires similar to the deadly blazes in Los Angeles last year.
Homes destroyed by the Palisades Fire in Los Angeles, on Jan. 15, 2025.
UK utility Octopus Energy Group Ltd. has agreed to sell a stake in software unit Kraken Technologies at a valuation of $8.65 billion as an initial step toward spinning the business off.
UK utility Octopus Energy Group Ltd. has agreed to sell a stake in software unit Kraken Technologies at a valuation of $8.65 billion as an initial step toward spinning the business off.
Engineers prepare to install an Octopus Energy Ltd. Cosy 6 heat pump at a residential property in Derby, UK, on Tuesday, July 15, 2025. In order for the share of households with heat pumps to go from 1% now to its goal of 50% by 2040, the Climate Change Committee says consumers will need to be enticed with subsidies.
Australia will require natural gas exporters to reserve as much as a quarter of new production for domestic use, in a bid to tackle high prices and a forecast shortfall on its more populated east coast.
Australia will require natural gas exporters to reserve as much as a quarter of new production for domestic use, in a bid to tackle high prices and a forecast shortfall on its more populated east coast.
The surprise exit of Woodside Energy Group Ltd. Chief Executive Officer Meg O’Neill leaves her successor with a dilemma: should the Australian company continue down the path she set of promoting massive liquefied natural gas projects when forecasts point to a glut and lower prices?
The surprise exit of Woodside Energy Group Ltd. Chief Executive Officer Meg O’Neill leaves her successor with a dilemma: should the Australian company continue down the path she set of promoting massive liquefied natural gas projects when forecasts point to a glut and lower prices?
Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a moment when oil executives are still being pressed to move away from hydrocarbons, she has a different argument: that the world is nowhere near done with them.
Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a moment when oil executives are still being pressed to move away from hydrocarbons, she has a different argument: that the world is nowhere near done with them.
Sembcorp Industries Ltd. agreed to buy Australian power generator and retailer Alinta Energy Pty for A$6.5 billion ($4.3 billion) in enterprise value, furthering the Singaporean company’s ambitions to expand outside its home market.
Sembcorp Industries Ltd. agreed to buy Australian power generator and retailer Alinta Energy Pty for A$6.5 billion ($4.3 billion) in enterprise value, furthering the Singaporean company’s ambitions to expand outside its home market.
A worker sits at computer monitors inside the central control room of the Global Asset Management System (GAMS) at Sembcorp Industries Ltd.'s Technology and Innovation Center on Jurong Island in Singapore, on Friday, March 31, 2017. GAMS enables the management of Sembcorp's facilities around the world through advanced data analytics for process optimisation, troubleshooting and predictive maintenance.
The Australian state of Victoria is going ahead with its first petroleum exploration tenders in seven years in an attempt to head off looming gas supply risks as production from existing fields declines.
The Australian state of Victoria is going ahead with its first petroleum exploration tenders in seven years in an attempt to head off looming gas supply risks as production from existing fields declines.
Australia warned it’s in danger of missing its 2035 climate targets without deeper pollution cuts, which in turn threatens the nation’s ambitions to reach net zero by mid-century.
Australia warned it’s in danger of missing its 2035 climate targets without deeper pollution cuts, which in turn threatens the nation’s ambitions to reach net zero by mid-century.
Australia is set to pass a landmark bill that will overhaul its environmental laws after Prime Minister Anthony Albanese’s government secured support from the left-wing Greens party on the last sitting day of parliament for the year.
Australia is set to pass a landmark bill that will overhaul its environmental laws after Prime Minister Anthony Albanese’s government secured support from the left-wing Greens party on the last sitting day of parliament for the year.
Well, at least one important decision has been squared away at COP30. After a game of chicken over who would host next year’s climate talks, Turkey has prevailed over Australia. The latter will still have a role, though, and today’s newsletter breaks down how things will work. Protip: Book your hotel now.
Well, at least one important decision has been squared away at COP30. After a game of chicken over who would host next year’s climate talks, Turkey has prevailed over Australia. The latter will still have a role, though, and today’s newsletter breaks down how things will work. Protip: Book your hotel now.
The Turkey "Solidarity Center" pavilion at the COP29 climate conference in Baku, Azerbaijan, on Monday, Nov. 11, 2024. The United Nations climate change conference, COP29, runs through Nov. 22. Photographer: Hollie Adams/Bloomberg
Turkey is set to host the flagship United Nations climate change conference next year, beating Australia following a protracted contest between the two countries.
Turkey is set to host the flagship United Nations climate change conference next year, beating Australia following a protracted contest between the two countries.
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