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Latest news: Oil and Gas - Upstream Activities
Oil-gas giant defends energy policy, share-price slide
Oil and gas producer Santos says it's well placed to weather volatility in commodity markets, as shareholders and traditional owners call the company to task.
Apr 10, 2025
'Own goal': gas producers lash export control policies
Deliberately oversupplying east coast gas markets under the coalition's gas reservation plan has been met with scepticism by gas producers.
Apr 01, 2025
Santos cuts dividend, says Barossa project nearly done
Santos says its $5.7 billion offshore gas project north of Darwin that was disrupted by a court challenge from three Tiwi Islanders, is nearing completion.
Feb 19, 2025
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Funding agencies to weigh climate risk after case 'win'
Fossil fuel development may find it harder to get taxpayer funds in Australia after a "benchmark" case that opens the books on environmental harm, lawyers say.
Jan 31, 2025
Call for states to fire up new gas to avoid shortfall
Federal Labor has been urged to reverse "anti-gas policies" with structural shortfalls forecast from 2027 and Australians still under the pump on energy bills.
Jan 10, 2025
Santos sold vague plan as carbon blueprint, court told
A plan for gas giant Santos to reduce emissions does not rely on real projects and could mislead the public, a group has told the Federal Court.
Dec 06, 2024
Call for super funds to pump gas giants for change
An analysis of the way some of the biggest superannuation funds vote at shareholder meetings suggests they're backing down over the expansion of oil and gas.
Dec 01, 2024
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More to come for climate: 'immense strain' on taxpayers
Cutting greenhouse gas emissions is an urgent priority and investing in renewable energy is the best way to do it, the nation's climate tsar says.
Nov 28, 2024
Close the climate credibility gap, conservationists say
Approving coal and gas mines is the opposite of climate action, conservationists say, as the federal government insists emissions reduction is on track.
Nov 27, 2024
Gas producer slams ideological folly, warns of shortage
A domestic gas producer has warned of rising power bills and energy shortages if significant headwinds, including green tape and activism, go unchallenged.
Nov 13, 2024
Stubborn emissions threaten to blow world carbon budget
Extraordinary growth in renewable energy is not enough to offset the "humungous challenge" of Australia's fossil fuels, a carbon tracker warns.
Nov 13, 2024
'Trump II' not the end of the world for clean energy
A second Trump presidency may be a "bump in the road" but it cannot stop the transition to clean energy the world started over 20 years ago, investors say.
Nov 09, 2024
Energy plan to protect Aussie war-fighting capabilities
"Practical and sensible" action on climate change is part of the military's mission under new plans for phasing in alternative energy use and sovereign sources.
Oct 25, 2024
Origin Energy defends complex switch to renewables, gas
As China pushes for cheaper Australian LNG, shareholders of energy retailer and east coast gas producer Origin Energy have been warned of a "messy" transition.
Oct 16, 2024
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Domestic gas guarantee risks 'wasteland' in iconic zone
Decades of new gas for export and local use in the west are envisaged under a revised gas reservation policy that has been slammed by environmentalists.
Sep 19, 2024
Karoon Energy looks to turn the page after 'tough' half
Australian Stock Exchange-listed oil and gas producer Karoon Energy had a disappointing half due to reliability and safety issues but says it will improve.
Sep 14, 2024
Short, stout and scuppering $50 billion gas field plans
An oil spill and related activities are already inferred to have a significant and ongoing impact on a reef-dwelling reptile, triggering an endangered marking.
Sep 05, 2024
Timor-Leste to take stake in gas field, carbon capture
Santos and its joint venture partners have agreed to give Timor Leste a stake in a long-running gas venture to keep plans for a carbon capture hub alive.
Sep 02, 2024
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Voters step on the gas as NT faces 'turning point'
Election day is on in the Northern Territory where green groups, tourism operators and doctors fear an industrial expansion will harm residents and wildlife.
Aug 23, 2024
Santos drilling for gas demand well into the future
Oil giant Santos is juggling capital-intensive projects, including the hotly contested Narrabri field in NSW, as rising costs and lower LNG prices hit profits.
Aug 21, 2024
More gas diverts clean energy investment, critics warn
Critics slam an inquiry's claim that Western Australia will need new sources of gas to meet domestic requirements for decades, even as the state decarbonises.
Aug 15, 2024
Origin Energy eyes gas imports, longer life for Eraring
Electricity and gas giant Origin Energy warns Australia will need to import gas to meet domestic demand and taxpayers may have to pay to burn coal for longer.
Aug 15, 2024
Call for Woodside to respect decision on 'climate bomb'
A decision to defuse a "climate bomb" could be imminent as a regulator reportedly puts pristine marine life ahead of Australia's biggest proposed gas field.
Aug 05, 2024
Call for Woodside to extract more value, not more gas
Woodside Energy is under fire for its management of climate risk and capital as activist investors slam recent "high-cost, high-emission" acquisitions.
Aug 01, 2024
Permits for new gas exploration risk 'climate disaster'
Australia needs more gas to fast-track the phase out of coal, explorers say, but critics warn new offshore gas exploration permits are a "climate disaster".
Jul 23, 2024
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