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.
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