ExxonMobil CEO Darren Woods speaks at the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023. Andrew Caballero-reynolds | Afp | Getty Images Exxon Mobil filed a lawsuit against U.S. and Dutch activist investors in a bid to stop them from submitting climate proposals during the oil giant’s annual shareholder … Read more
Gas-fired stations could have enough fuel to power the east coast for two and a half years, after the government secured a commitment as the nation moves away from coal. Energy Minister Chris Bowen and Resources Minister Madeleine King on Monday announced the government has entered two enforceable supply commitments with gas giants Esso and … Read more
When Marijane Sisson looks out the kitchen window of her home outside Cañon City, she is greeted with views of rolling hills and a grassy meadow. Some days, when she’s lucky, a herd of elk appears in the meadow. Sisson and her husband purchased the property in June and moved from Louisiana to live in … Read more
Energy Minister Reece Whitby has defended the days-long response to massive power outages that have created mid-summer hell for households and businesses, but admits they have been “too long”. Bushfire-inflicted network damage north-east of Perth last weekend was soon dwarfed by the impact of a supercell thunderstorm in the Perth Hills on Tuesday, followed by … Read more
A recent flyby by Andrew Forrest at Woodside’s Scarborough Project during which he claimed gas was a “poisonous energy” has contradicted a submission by his own energy company, which says the resource is needed to meet net zero. In a submission to the Government’s Future Gas Strategy, Squadron Energy — which is backed by Mr … Read more
Tesla Model Y, equipped with FSD system. Three front facing cameras under windshield near rear view mirror. Mark Leong | The Washington Post | Getty Images Tesla on late Tuesday trimmed prices for its Model Y cars across several countries in Europe, a week after announcing similar price cuts for its Model 3 and Model … Read more
BP CEO Murray Auchincloss speaks at the panel dicscussion during the Abu Dhabi International Petroleum Exhibition and Conference held at ADNEC Exhibition Center on October 2, 2023. Ryan Lim | Afp | Getty Images LONDON — Oil and gas major BP appointed Murray Auchincloss as permanent CEO, the company said Wednesday. His appointment comes roughly … Read more
The crisis in the Red Sea poses serious risks to oil flows and prices could change quickly if tensions lead to a major supply disruption in the Middle East, Chevron CEO Michael Wirth told CNBC on Tuesday. “It’s a very serious situation and seems to be getting worse,” Wirth said in an interview at the … Read more
Thousands of Australians will be eligible for home upgrades with the NSW government’s $200 million push to make more homes energy efficient. Draught-proofing, proper insulation, heat pump hot water systems, ceiling fans, reverse cycle air conditioners, and solar will be available to 24,000 NSW residents under the scheme announced on Tuesday. Subsidised solar will also … Read more
Sopa Images | Lightrocket | Getty Images Now that bitcoin ETFs are trading across U.S. public markets, many large money managers that have been effectively locked out of crypto finally have a way to access the primary digital currency. For the $30 trillion advised wealth management industry, the floodgates could be about to open. Analysts … Read more
