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Latest news: Energy and Resource

Lithium mega-trend drives Allkem to record $525m profit

Lithium mega-trend drives Allkem to record $525m profit

Lithium producer Allkem credits hard-rock production in Australia and brine ponds in Argentina for an "outstanding" FY23 result as the world races for supplies.

Treasurer issues challenge over offshore gas tax change

Treasurer issues challenge over offshore gas tax change

Treasurer issues challenge over offshore gas tax change

Treasurer issues challenge over offshore gas tax change

The treasurer has challenged the opposition and the Greens to pass new laws taxing offshore gas companies and bringing forward revenue to boost the budget.

Aussie-led global consortium joins offshore wind frenzy

Aussie-led global consortium joins offshore wind frenzy

Aussie-led global consortium joins offshore wind frenzy

Aussie-led global consortium joins offshore wind frenzy

A powerful consortium has joined the bidding to add offshore wind to Australia's clean energy arsenal in Gippsland waters off the coast of Victoria.

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Hydrogen policy revamp needed to cut truck pollution

Hydrogen policy revamp needed to cut truck pollution

Australia needs more hydrogen refuelling stations, central production facilities and more ways to transport the fuel to cut transport emissions, a study says.

Japan's industrial giants lead charge for Aussie nickel

Japan's industrial giants lead charge for Aussie nickel

A nickel explorer has industrial giants from Japan queuing for future supplies from under the red dirt out west as the battery minerals race accelerates.

Little relief for consumers as Origin posts $1b profit

Little relief for consumers as Origin posts $1b profit

Origin Energy expects another tough year for cash-strapped customers after posting an FY23 net profit of $1.06 billion as it prepares for a foreign takeover.

WA domestic gas update to 'safeguard' supply, growth

WA domestic gas update to 'safeguard' supply, growth

The West Australian government has moved to secure the domestic supply of gas for industrial development, but the sector warns it will stymie investment.

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Push for green tariffs ushers in 'proxy carbon price'

Push for green tariffs ushers in 'proxy carbon price'

Push for green tariffs ushers in 'proxy carbon price'

Push for green tariffs ushers in 'proxy carbon price'

Commodity-rich Australia is pushing the world closer to a 'proxy carbon price' as it moves to level the playing field for big emitters and keep jobs onshore.

Billion-dollar power link might be buried despite cost

Billion-dollar power link might be buried despite cost

Billion-dollar power link might be buried despite cost

Billion-dollar power link might be buried despite cost

NSW Energy Minister Penny Sharpe says multiple options are on the table as an inquiry looks into the feasibility of putting key transmission lines underground.

Tool exposes 'risky' assumptions behind climate pledges

Tool exposes 'risky' assumptions behind climate pledges

Tool exposes 'risky' assumptions behind climate pledges

Tool exposes 'risky' assumptions behind climate pledges

Some companies are too reliant on "risky" carbon capture and storage assumptions when claiming they are meeting global climate targets, data shows.

Cutting-edge hydrogen tech starts up in steel heartland

Cutting-edge hydrogen tech starts up in steel heartland

Cutting-edge hydrogen tech starts up in steel heartland

Cutting-edge hydrogen tech starts up in steel heartland

A next-generation hydrogen electrolyser is being commercialised to give steelmaking and other heavy industries a future in Australia's regions.

Early days for lithium as colts vie for talent, ports

Early days for lithium as colts vie for talent, ports

Early days for lithium as colts vie for talent, ports

Early days for lithium as colts vie for talent, ports

Australia is urged to be bold in the race for high-purity lithium for electric cars and clean energy, as veterans and newcomers jostle for capital and ports.

Progress being made in talks with gas worker union

Progress being made in talks with gas worker union

Progress being made in talks with gas worker union

Progress being made in talks with gas worker union

Talks between unions and Woodside over pay and conditions are progressing, as a second energy company, Chevron, awaits a ballot over industrial action.

AGL Energy posts $1.26 billion loss after writedowns

AGL Energy posts $1.26 billion loss after writedowns

AGL Energy posts $1.26 billion loss after writedowns

AGL Energy posts $1.26 billion loss after writedowns

AGL Energy suffered a $1.26 billion loss after writing down the value of its coal-fired power plants and its energy derivatives contracts.

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Mines minister fronts industry after backflip on law

Trust has not been broken between Western Australians and the government on heritage laws, nor is the Perth Mint a money launderer, the mining minister insists.

Vanadium could be the next lithium for big battery tech

Australia holds a third of the world's vanadium, an element that's key to a kind of battery that may be the answer to the long-term storage of energy.

First mover or fast follower, mining in a race to adapt

Australian battery minerals and base metals producers are determined to move up the value chain, whether on team US or for China and its mega-factories.

Miners dig in for latest bonanza amid global change

Change can be daunting and mining bosses are facing it on all fronts as thousands gather in Australia's largest outback city for an industry forum.

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Pilbara Minerals upgrades to million-plus tonnes a year

Lithium producer Pilbara Minerals has wowed peers with a resource upgrade but urges the sector to reduce carbon and waste as the clean energy race accelerates.

Manufacturing Australia's answer to the climate crisis

Renewable energy can spark an industrial turnaround, but Australia risks continuing to serve as the world's "quarry" at the current pace of change, experts say.

Offshore gas tax intact as sector seeks bipartisanship

The oil and gas industry is calling for coalition support for a key budget measure to end a crossbench campaign to double the hike in taxes on offshore fields.

SA looks to hydrogen to decarbonise gas network

South Australia will likely use more blended hydrogen to produce a cleaner domestic energy market rather than ban gas connections.

Allkem posts record production as world goes electric

Lithium miner Allkem expects a tight market for battery minerals as it posts a "significant" improvement in the grade of ore recovered in Western Australia.

'Wall of money' for Twiggy's global green hydrogen play

Fortescue Metals Group has pledged to continue to invest in green technologies as key investment decisions loom for billionaire Andrew Forrest and his board.

'Critical moment' for Australia in ore-some energy race

Demand for iron ore and coal may ebb but critical minerals can provide for future generations, unless labour laws and investor uncertainty mess it up, BHP says.

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