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Latest news: Oil and Gas - Downstream Activities

Trump demands Iran pay compensation for deaths

Trump demands Iran pay compensation for deaths

Hopes have faded for an imminent deal to reopen the Strait of Hormuz, as US President Donald Trump demanded Iran pay compensation.

US anticipates Iran-Oman deal so oil traffic can resume

US anticipates Iran-Oman deal so oil traffic can resume

US anticipates Iran-Oman deal so oil traffic can resume

US anticipates Iran-Oman deal so oil traffic can resume

The US anticipates a deal between Iran and Oman on the Strait of Hormuz is imminent as Saudi Arabia, Turkey and Pakistan pledge a mutual defence pact.

Gas giant charged with under-reporting toxic emissions

Gas giant charged with under-reporting toxic emissions

Gas giant charged with under-reporting toxic emissions

Gas giant charged with under-reporting toxic emissions

An environment protection watchdog is prosecuting a gas giant after it significantly under-reported levels of toxic emissions from an LNG plant.

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Minister 'bias' in major gas project extension approval

Minister 'bias' in major gas project extension approval

A federal minister has been accused in court of favouring an energy giant over the environment by agreeing to extend the life of a major gas project.

Toxic gas-plant leaks prompt boost to air monitoring

Toxic gas-plant leaks prompt boost to air monitoring

Industry will pay for improved air pollution monitoring following toxic leaks from harbourside gas plants near major urban hubs.

Motorists set to pay more for fuel as tax cut ends

Motorists set to pay more for fuel as tax cut ends

Motorists will face higher fuel prices at the bowser in the coming weeks as the federal government flags the end of the temporary cut to the excise.

Running low on gas: more nations drive an energy change

Running low on gas: more nations drive an energy change

Renewable electricity sources such as solar and wind are gaining on gas for a share of the worldwide energy market.

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Call to ditch energy hub to save herb from extinction

Call to ditch energy hub to save herb from extinction

Call to ditch energy hub to save herb from extinction

Call to ditch energy hub to save herb from extinction

A planned gas and petrochemical hub on a northern harbour should not go ahead as it would kill off an endangered plant, an environment group says.

Australia 'well-placed' to weather fuel supply storm

Australia 'well-placed' to weather fuel supply storm

Australia 'well-placed' to weather fuel supply storm

Australia 'well-placed' to weather fuel supply storm

If the war in the Middle East ended now, there would still be impacts on supply chains, the federal energy minister warns.

Ukraine hits refinery, Putin says attacks intensifying

Ukraine hits refinery, Putin says attacks intensifying

Ukraine hits refinery, Putin says attacks intensifying

Ukraine hits refinery, Putin says attacks intensifying

President Vladimir Putin has complained about a growing number of Ukrainian attacks on civilian sites in Russia, pointing to strikes on oil facilities.

'Peddling lies': gas sector vents as tax pressure rises

'Peddling lies': gas sector vents as tax pressure rises

'Peddling lies': gas sector vents as tax pressure rises

'Peddling lies': gas sector vents as tax pressure rises

The minister responsible for gas in Australia has poured cold water on calls for an export tax as industry figures insist they pay their fair share.

Oil and gas giant feels the heat from climate activists

Oil and gas giant feels the heat from climate activists

Oil and gas giant feels the heat from climate activists

Oil and gas giant feels the heat from climate activists

Shareholders have jeered as protesters concerned about the environment repeatedly disrupted a meeting hosted by Australia's biggest oil and gas company.

EU envoys meet in hopes of approving loan to Ukraine

EU envoys meet in hopes of approving loan to Ukraine

EU envoys meet in hopes of approving loan to Ukraine

EU envoys meet in hopes of approving loan to Ukraine

European Union officials are optimistic of to authorise a massive, long-delayed loan to support Ukraine's military and financial needs for the next two years.

Battle lines harden as gas giants take on tax proposal

Battle lines harden as gas giants take on tax proposal

Battle lines harden as gas giants take on tax proposal

Battle lines harden as gas giants take on tax proposal

Gas producers have mounted a full-throated defence of their tax contributions in an inquiry exploring opportunities for higher export levies.

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Refinery owner reaps profit boost from Middle East war

Ampol, which supplies about 10 per cent of the nation's fuel supplies, has seen a big jump in margins on the back of the war in the Middle East.

'Tiny' tax returns on gas has leading economist fuming

Australians have finite stocks of gas and other natural resources and deserve a fair return on them, an inquiry has been told as calls grow for tax reform.

Backbencher break ranks with call for gas export tax

A backbench Labor MP has urged his parliamentary colleagues to impose a new tax on gas exports despite opposition from the sector.

'Who gave you the right?': villagers take on gas giant

Leaders from remote Papua New Guinea villages have turned up at a shareholders meeting of gas giant Santos to question the board about a controversial project.

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More cost relief on table as Aussies asked to save fuel

The impacts of the energy crisis will likely continue even if a Middle East ceasefire holds, the government warns as it prepares to roll out an ad campaign.

'Union-driven cash grab': LNG worker claims slammed

Union demands for workers at a gas export operation that's helping secure fuel and fertiliser for the nation don't pass the pub test, an industry group says.

Nation tops up fuel supply as Easter demand soars

Households and businesses face months of high fuel prices and associated costs even if there is a swift end to the Middle East conflict that is choking supply.

US could exit Iran war soon, Trump says - and NATO, too

President Donald Trump has signalled the US may soon wind down the Iran war without a deal, and threatened to ditch NATO for not helping him with the conflict.

Electric or bust: truck industry demands urgent U-turn

Skyrocketing diesel prices are adding cost and uncertainty to heavy transport and operators are calling for help to change the industry's direction.

Trump extends deadline for striking Iran's power plants

President Donald Trump has delayed a threatened strike on Iran’s energy infrastructure until April 6, after Tehran rejected a US ceasefire plan.

Oil exec handed largest ever fine over contract rigging

A court has fined an oil company $5 million and its chairman $1 million for cartel conduct in a case brought by the competition watchdog.

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