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.

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.

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.

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.

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.

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?

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.

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.

Vulcan Energy Resources Ltd. secured a A$3.9 billion ($2.5 billion) financing package for a lithium project in Germany that will use geothermal power.

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.

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.

Turkey is set to host the flagship United Nations climate change conference next year, beating Australia following a protracted contest between the two countries.