Western Australia is considering its own strategic stockpile of diesel with fuel paid for by the state after the Iran war led to shortages for key industries such as farming and mining.
Western Australia is considering its own strategic stockpile of diesel with fuel paid for by the state after the Iran war led to shortages for key industries such as farming and mining.
Japan’s Inpex Corp. will make two additional cargoes of natural gas condensate — used to produce refined fuels such as gasoline — from its Australian liquefied natural gas export project available to domestic refiners, as the country grapples with fuel shortages.
Japan’s Inpex Corp. will make two additional cargoes of natural gas condensate — used to produce refined fuels such as gasoline — from its Australian liquefied natural gas export project available to domestic refiners, as the country grapples with fuel shortages.
SYDNEY, AUSTRALIA - MARCH 22: A motorist fills up her car with petrol March 22, 2005 in Sydney, Australia. A surge in oil prices to a record level of US$56.72 a barrel has led to increased petrol pump prices across the country. (Photo by Ian Waldie/Getty Images)
Australia will further cut fuel taxes to cushion households from rising prices as the Iran war upends global supply chains.
Pedestrians in front of a Louis Vuitton store in Sydney, Australia, on Thursday, July 24, 2025. Australia is scheduled to release consumer price index (CPI) figures on July 30. Photographer: Brendon Thorne/Bloomberg
Western Australia invoked emergency powers to force fuel suppliers to provide detailed information on their supply chains, as the nation seeks to manage an ongoing shortage spurred by panic-buying in the wake of the war in Iran.
Western Australia invoked emergency powers to force fuel suppliers to provide detailed information on their supply chains, as the nation seeks to manage an ongoing shortage spurred by panic-buying in the wake of the war in Iran.
A petrol station in Perth on March 23. Photographer: ANTONY DICKSON/AFP
Australia is seeking to leverage its vast liquefied natural gas exports to Asia to secure fuel supplies in return, as the country grapples with shortages triggered by the war in Iran.
Australia is seeking to leverage its vast liquefied natural gas exports to Asia to secure fuel supplies in return, as the country grapples with shortages triggered by the war in Iran.
Australia, among the world’s top liquefied natural gas exporters, will hold an inquiry to examine taxes on oil and gas firms like Chevron Corp., Woodside Energy Group Ltd. and Santos Ltd., as the Iran war pushes up energy prices, creating a windfall for producers.
Australia, among the world’s top liquefied natural gas exporters, will hold an inquiry to examine taxes on oil and gas firms like Chevron Corp., Woodside Energy Group Ltd. and Santos Ltd., as the Iran war pushes up energy prices, creating a windfall for producers.
Liquefied natural gas (LNG) storage tanks at Shell's Queensland Curtis LNG plant on Curtis Island, Australia, on Tuesday, Sept. 12, 2023. Australia needs to encourage new investment in natural gas production to help prevent any domestic energy crunch and maintain the nation's A$92 billion ($59 billion) export industry, according to a Shell executive. Photographer: Ian Waldie/Bloomberg
A weeks-long outage at a major Australian liquefied natural gas export plant has dealt a further blow to a global market still reeling from the halt of operations in Qatar.
A weeks-long outage at a major Australian liquefied natural gas export plant has dealt a further blow to a global market still reeling from the halt of operations in Qatar.
Three Australian plants that provide about 8% of the world’s liquefied natural gas have had their output curbed by a cyclone, in a further blow to mainly Asian buyers reeling from the halt of shipments from Qatar.
Three Australian plants that provide about 8% of the world’s liquefied natural gas have had their output curbed by a cyclone, in a further blow to mainly Asian buyers reeling from the halt of shipments from Qatar.
The Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July 24, 2023. Chevron received approval to develop the site into a major liquefied natural gas export facility on the basis they could capture and store 80% of the CO2 mixed in with the fuel, instead of releasing it.
Severe Tropical Cyclone Narelle strengthened and is threatening to disrupt gas and iron ore operations on Australia’s west coast, after leaving mine closures and evacuations in its wake along the north shore over the past week.
Severe Tropical Cyclone Narelle strengthened and is threatening to disrupt gas and iron ore operations on Australia’s west coast, after leaving mine closures and evacuations in its wake along the north shore over the past week.
Bulk carriers sitting offshore wait to enter the port in Port Hedland, Australia, on Monday, March 18, 2019. The two parts of the town — Port Hedland and South Hedland — are divided by the water and long red piles of iron ore between rail tracks that are waiting to be loaded onto ships that dock along the edges of the inlet.
As the war in the Middle East enters its third week, Australia — with little domestic refining capacity left — underscores how even major fossil fuel exporters aren’t immune to a widening energy crunch.
As the war in the Middle East enters its third week, Australia — with little domestic refining capacity left — underscores how even major fossil fuel exporters aren’t immune to a widening energy crunch.
The Australian arm of London-based investment manager Foresight Group Holdings Ltd. will acquire New Zealand renewables developer NZ Clean Energy, with plans to invest A$500 million ($360 million) over the next twelve months.
The Australian arm of London-based investment manager Foresight Group Holdings Ltd. will acquire New Zealand renewables developer NZ Clean Energy, with plans to invest A$500 million ($360 million) over the next twelve months.
Shares in Australian liquefied natural gas exporters surged after tankers stopped crossing the Strait of Hormuz, hampering about a fifth of global supply and threatening to raise prices of the fuel.
Shares in Australian liquefied natural gas exporters surged after tankers stopped crossing the Strait of Hormuz, hampering about a fifth of global supply and threatening to raise prices of the fuel.
European natural gas prices could more than double if shipping through the Strait of Hormuz is halted for one month, according to Goldman Sachs Group Inc.
European natural gas prices could more than double if shipping through the Strait of Hormuz is halted for one month, according to Goldman Sachs Group Inc.
Santos Ltd. is targeting a 10% headcount reduction after Australia’s second-biggest natural gas producer reported a slump in profit on lower oil and gas prices.
Santos Ltd. is targeting a 10% headcount reduction after Australia’s second-biggest natural gas producer reported a slump in profit on lower oil and gas prices.
The Santos Ltd. Logo atop Santos Place building, which houses the company's office, in Brisbane, Australia, on Monday, Dec. 11, 2023. Woodside Energy Group Ltd.’s hopes of a tie-up with Santos to create Asia’s dominant liquefied natural gas exporter face a potential hurdle over the valuation of a target whose shares recently fell to an eight-month low. Photographer: Ian Waldie/Bloomberg
Australia commissioned a record-breaking amount of renewable projects and big batteries last quarter, signaling fresh momentum in the country’s clean-energy transition.
Australia commissioned a record-breaking amount of renewable projects and big batteries last quarter, signaling fresh momentum in the country’s clean-energy transition.
Wind turbines on a wind farm in Waubra, Victoria, Australia.
Australian Court Dismisses Case Against Oil and Gas Giant Santos
Demonstrators carry placards during the Fund The Firies And Demand Climate Justice Protest in Sydney, Australia, on Friday, Jan. 10, 2020. The fires in Australia have come as the country is polarized by the debate over global warming. The government has downplayed the link between the fires and climate change and Prime Minister Scott Morrison is not bowing to demands from environmentalists for more concerted action. Photographer: Brendon Thorne/Bloomberg
A judge dismissed a long-running legal challenge against Santos Ltd., which had accused the Australian oil and gas producer of misleading investors over its climate strategy.
A judge dismissed a long-running legal challenge against Santos Ltd., which had accused the Australian oil and gas producer of misleading investors over its climate strategy.
A Santos Ltd. pilot well operates on a farm property in Narrabri, Australia, on Thursday, May 25, 2017. A decade after the shale revolution transformed the U.S. energy landscape, Australia — poised to overtake Qatar as the world’s biggest exporter of liquefied natural gas — is experiencing its own quandary over natural gas.
Australian households — already world leaders in the number of rooftop solar panels per capita — installed as many batteries in the second half of 2025 as they did during the previous five years combined.
Australian households — already world leaders in the number of rooftop solar panels per capita — installed as many batteries in the second half of 2025 as they did during the previous five years combined.
A collection of BYD batteries inside a garage of a home in Byron Bay, Australia.
Anmelden
