Industry players and pension funds are among the suitors eyeing a stake of 50-60% in BlackRock-backed Australian battery developer Akaysha Energy Pty Ltd., according to people with knowledge of the matter.
Industry players and pension funds are among the suitors eyeing a stake of 50-60% in BlackRock-backed Australian battery developer Akaysha Energy Pty Ltd., according to people with knowledge of the matter.
BP Plc has agreed to dilute its stake in the A$48.7 billion Browse natural gas project by selling 5% to South Korea’s GS Energy Corp.
The Shell Plc company logo on a forecourt canopy at a petrol station in Brentwood, UK, on Thursday, Feb. 2, 2023. Shell posted a fourth-quarter profit that was well ahead of expectations as its natural gas business thrived, lifting the oil major to a record performance in 2022 fueled by soaring energy prices. Photographer: Chris Ratcliffe/Bloomberg
Additions of renewable energy, lower use of fossil fuels and accelerating adoption of electric vehicles cut Australia’s annual greenhouse gas emissions by about 2%, helping to ease concerns the nation — one of the world’s top per-capita polluters — will miss climate targets.
Additions of renewable energy, lower use of fossil fuels and accelerating adoption of electric vehicles cut Australia’s annual greenhouse gas emissions by about 2%, helping to ease concerns the nation — one of the world’s top per-capita polluters — will miss climate targets.
Sheep grazing at the Dubbo Solar Hub on the outskirts of Dubbo, around 400 kilometres (248 miles) west of Sydney.
Australia’s requirement for liquefied natural gas producers to reserve a fifth of exports for local use is set to apply to all projects and existing contracts, intensifying pressure on them to secure more supply.
Australia’s requirement for liquefied natural gas producers to reserve a fifth of exports for local use is set to apply to all projects and existing contracts, intensifying pressure on them to secure more supply.
European natural gas dropped, extending last week’s decline, on optimism that the US and Iran are nearing a deal that would reopen the Strait of Hormuz, a critical chokepoint for global energy supplies.
European natural gas dropped, extending last week’s decline, on optimism that the US and Iran are nearing a deal that would reopen the Strait of Hormuz, a critical chokepoint for global energy supplies.
The liquified natural gas (LNG) tanker LNG River Niger, top, at the port of Barcelona, Spain, on Thursday, April 30, 2026. After weeks of fuel inflation across Asia and Europe, higher pump prices are now starting to intensify in the US as war-driven energy shocks show little sign of abating.
The world is underestimating how long the impact of the Iran war will last on global supply of liquefied natural gas, according to Australia’s top exporter of the fuel.
The world is underestimating how long the impact of the Iran war will last on global supply of liquefied natural gas, according to Australia’s top exporter of the fuel.
Australia’s liquefied natural gas sector is facing the prospect of industrial action at major export operations, adding another supply risk for Asian buyers already scrambling for cargoes after disruptions in the Middle East.
Australia’s liquefied natural gas sector is facing the prospect of industrial action at major export operations, adding another supply risk for Asian buyers already scrambling for cargoes after disruptions in the Middle East.
Australia’s liquefied natural gas sector is facing the prospect of industrial action at major export operations, adding another supply risk for Asian buyers already scrambling for cargoes after disruptions in the Middle East.
Australia’s liquefied natural gas sector is facing the prospect of industrial action at major export operations, adding another supply risk for Asian buyers already scrambling for cargoes after disruptions in the Middle East.
Australia’s big-battery build-out is starting to crowd the lucrative trade that made the assets attractive: buying up power when prices are low and selling it back when they spike, capturing the difference.
Australia’s big-battery build-out is starting to crowd the lucrative trade that made the assets attractive: buying up power when prices are low and selling it back when they spike, capturing the difference.
The Victorian Big Battery site operated by Neoen SA in Moorabool, Victoria, Australia.
Australia’s New South Wales state will open new areas for gas exploration for the first time in more than a decade, to shore up energy security ahead of shortfalls on the country’s populous east coast.
Australia’s New South Wales state will open new areas for gas exploration for the first time in more than a decade, to shore up energy security ahead of shortfalls on the country’s populous east coast.
Australian Prime Minister Anthony Albanese said his government wouldn’t “undermine” existing liquefied natural gas exports with new taxes, warning that doing so during a global energy crunch would risk investment and fuel security.
Australian Prime Minister Anthony Albanese said his government wouldn’t “undermine” existing liquefied natural gas exports with new taxes, warning that doing so during a global energy crunch would risk investment and fuel security.
Australia's Prime Minister Anthony Albanese speaks during an official function to mark the start of Australia's social media reform at Kirrilbilli House in Sydney on December 10, 2025. Australia banned legions of young teenagers from social media with a world-first crackdown on December 10, declaring it was time to "take back control" from formidable tech giants. (Photo by DAVID GRAY / AFP via Getty Images)
Australia’s Woodside Energy Group Ltd. said it expects stronger prices for liquefied natural gas to boost its earnings in coming quarters due to time lags in its supply contracts.
Australia’s Woodside Energy Group Ltd. said it expects stronger prices for liquefied natural gas to boost its earnings in coming quarters due to time lags in its supply contracts.
Australia has given environmental approval to a multibillion -dollar undersea power cable project, linking the mainland to renewable power generated on the island state of Tasmania.
Australia has given environmental approval to a multibillion -dollar undersea power cable project, linking the mainland to renewable power generated on the island state of Tasmania.
Australia is set to spare powerful liquefied natural gas exporters from new taxes, even as global supply disruptions drive up prices and profits and the national budget is set to remain deep in deficit across the forecast horizon.
Australia is set to spare powerful liquefied natural gas exporters from new taxes, even as global supply disruptions drive up prices and profits and the national budget is set to remain deep in deficit across the forecast horizon.
Santos Ltd. is restructuring the company’s oil and gas business in order to cut costs, according to an internal notice seen by Bloomberg, after a string of stymied takeover bids in recent years that have raised pressure to increase shareholder returns.
Santos Ltd. is restructuring the company’s oil and gas business in order to cut costs, according to an internal notice seen by Bloomberg, after a string of stymied takeover bids in recent years that have raised pressure to increase shareholder returns.
Installations are set to jump, led by Europe, the Middle East, Africa and Latin America.
ZAOZHUANG, CHINA - MARCH 10, 2024 - An aerial photo shows the largest energy storage 400MW project in Shandong province on March 10, 2024 in Zaozhuang city, Shandong Province, China. The ultra-long life battery used in this project uses lithium-ion cycle supplement technology, which can make the cycle of the energy storage battery cell up to 10,000 times, and the battery life exceeds 15 years, which is the first electrochemical energy storage project in Shandong Province to apply this technology. (Photo credit should read CFOTO/Future Publishing via Getty Images) Photographer: CFOTO/Future Publishing
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