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Latest news: Oil and Gas - Upstream Activities

Santos cuts dividend, says Barossa project nearly done

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.

Funding agencies to weigh climate risk after case 'win'

Funding agencies to weigh climate risk after case 'win'

Funding agencies to weigh climate risk after case 'win'

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.

Call for states to fire up new gas to avoid shortfall

Call for states to fire up new gas to avoid shortfall

Call for states to fire up new gas to avoid shortfall

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.

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Santos sold vague plan as carbon blueprint, court told

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.

Call for super funds to pump gas giants for change

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.

More to come for climate: 'immense strain' on taxpayers

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.

Close the climate credibility gap, conservationists say

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.

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Gas producer slams ideological folly, warns of shortage

Gas producer slams ideological folly, warns of shortage

Gas producer slams ideological folly, warns of shortage

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.

Stubborn emissions threaten to blow world carbon budget

Stubborn emissions threaten to blow world carbon budget

Stubborn emissions threaten to blow world carbon budget

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.

'Trump II' not the end of the world for clean energy

'Trump II' not the end of the world for clean energy

'Trump II' not the end of the world for clean energy

'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.

Energy plan to protect Aussie war-fighting capabilities

Energy plan to protect Aussie war-fighting capabilities

Energy plan to protect Aussie war-fighting capabilities

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.

Origin Energy defends complex switch to renewables, gas

Origin Energy defends complex switch to renewables, gas

Origin Energy defends complex switch to renewables, gas

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.

Domestic gas guarantee risks 'wasteland' in iconic zone

Domestic gas guarantee risks 'wasteland' in iconic zone

Domestic gas guarantee risks 'wasteland' in iconic zone

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.

Karoon Energy looks to turn the page after 'tough' half

Karoon Energy looks to turn the page after 'tough' half

Karoon Energy looks to turn the page after 'tough' half

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.

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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.

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.

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.

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.

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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.

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.

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.

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.

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".

Clean energy sector rallies against nuclear 'mistruths'

A clean energy industry body has sounded the alarm on "bad faith actors" who are accused of using misinformation to mislead Australian voters on nuclear power.

Domestic gas inquiry gives itself more time on deficit

Facing a possible domestic gas deficit, export powerhouse Western Australia has delayed putting the squeeze on producers with a crucial inquiry given more time.

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