ASX Gas Firm Po Valley Energy Profits from Iran War
Po Valley Energy, a small ASX-listed gas producer, reports surging profits due to the Iran conflict, highlighting geopolitical impacts on energy markets.
Category : Energy
Freight Train Closure Extended, Crippling Regional QLD
A critical freight train closure in regional Queensland has been extended, worsening supply chain disruptions and raising fears of economic damage and shortages.
Fuel Prices on Edge Amid Global Tensions and Supply Issues
Australian motorists face potential fuel price hikes due to escalating global conflicts and supply chain disruptions, with experts warning of increased volatility in the coming months.
Chevron Restarts Wheatstone LNG After Cyclone Narelle Damage
Chevron has partially restarted LNG production at its Wheatstone facility, damaged by Cyclone Narelle, easing financial strain from high spot market gas purchases.
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TMK Energy's Mongolian Gas Project Surges Toward Production
TMK Energy reports a 48% surge in gas rates at its Gurvantes project in Mongolia, with record flows and regulatory support paving the way for commercial production and potential power generation.
Government Fast-Tracks Green Hydrogen and Nickel Amid Fuel Crunch
The Australian federal government is doubling down on renewable energy initiatives, expediting approvals for green hydrogen and nickel projects to address the ongoing fuel shortage and boost economic growth.
Albanese Announces Major Fuel Deal for Regional Supply Boost
Prime Minister Anthony Albanese has unveiled a new fuel import agreement with Ampol and Viva Energy, aimed at securing additional supply for Australia, with a focus on regional areas facing shortages.
Fuel Uncertainty Persists for Australia Post-Ceasefire
Foreign Minister Penny Wong warns that fuel supply disruptions and infrastructure damage in the Middle East will continue to impact Australian prices, even if a ceasefire holds, with ongoing confusion over the Strait of Hormuz.
Energy Boss Slams Labor's Nuclear Policy for Uranium Industry
An energy industry leader has condemned Labor's nuclear energy campaign, labeling it a $600 billion 'nightmare' that is stalling vital uranium development in Townsville.
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Explosion Cuts Power to 800 Homes in Albion Park
A high voltage electrical kiosk explosion and fire in Albion Park has left nearly 800 properties without power, with emergency services on scene and restoration expected by 1pm.
Coalition Demands New Fuel Security Dashboard
The Coalition, led by Angus Taylor, calls for a new fuel security dashboard to enhance transparency and preparedness amid global energy uncertainties.
Vanstone Slams Australia's Energy Policy as 'Virtue Signalling'
Former Liberal minister Amanda Vanstone has labelled Australia's energy policy as 'virtue signalling', arguing it lacks practical solutions and fails to address real-world energy needs effectively.
Petrol Crisis May Lead to Better Health and Cleaner Environment
The legacy of the recent petrol crisis could include significant health benefits and a cleaner environment, as experts analyze shifts in consumer behavior and policy responses.
Rita Saffioti's 10 Ways to Cut Train Costs and Boost Regions
Western Australia's Transport Minister outlines key measures, including cheaper tickets and regional subsidies, to reduce public transport expenses and support communities.
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SA Energy Giant Strikes Oil Amid Energy Crisis
A South Australian energy company has discovered a major oil reserve, offering potential relief during a national energy shortage and boosting local economic prospects.
Two-Week Ceasefire Fails to Solve Fuel Crisis
A temporary two-week ceasefire in the Middle East has not resolved Australia's ongoing fuel supply problems, with experts warning of continued shortages and price volatility.
Bowen Clashes with Journalist Over Fuel Crisis
Energy Minister Chris Bowen engaged in a heated exchange with Seven journalist Liam Bartlett over Australia's energy policies amid fuel shortages and Middle East tensions.
Ichthys Offshore Alliance Threatens Strike at WA LNG Hub
The Offshore Alliance union is threatening strike action at Inpex's Ichthys LNG hub in Western Australia over disputes on pay and job security, potentially disrupting operations.
Oil Price Gains Wiped Out, ASX Energy Stocks Hammered
Recent oil price gains driven by US-Iran tensions have been erased after a ceasefire announcement, causing sharp declines in ASX energy stocks like Woodside and Santos.
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Queensland's New Oil Field Aims to Strengthen National Fuel Security
Queensland Premier David Crisafulli has launched Australia's first new oil field in half a century, urging federal support to scale up production and reduce reliance on imports amid global conflicts.
TMK Energy's Mongolian Gas Project Hits Record Production
TMK Energy reports consecutive record-breaking gas flows at its Gurvantes XXXV pilot in Mongolia, with CEO Dougal Ferguson's contract extended as the project nears commercialisation.
No Fuel Rationing in Australia Despite Middle East Tensions
The federal government has dismissed speculation about fuel rationing, emphasizing efforts to maintain supply chains as the Strait of Hormuz crisis impacts global shipping and prices.
WA Fuel Shortages Amid Unrealized Tax Cut Savings
Over 20 service stations across Western Australia are experiencing fuel shortages, with diesel and unleaded unavailable in tourist hotspots, despite recent tax cuts that should have reduced prices.
Oil and Diesel Prices Jump on Trump's Iran Threat
Oil and diesel prices have risen sharply on Monday following former President Donald Trump's threat to Iranian power plants, fueling market volatility and concerns over global supply disruptions.
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Fuel Crisis to Last Years Despite Middle East Peace, Bowen Warns
Energy Minister Chris Bowen warns that even if Middle East tensions ease, Australia's fuel crisis will not end immediately, with damaged infrastructure taking years to repair and global disruptions continuing.
Andrew Leigh's Fuel Tips for Canberra FIFO Workers
Federal MP Andrew Leigh shares practical advice on how fly-in, fly-out workers in Canberra can reduce fuel costs and environmental impact through efficient driving and planning.
WA Fuel Crisis Hits Perth Families Hardest Over Vehicle Use
Perth families face a severe fuel crisis as high reliance on multiple vehicles doubles financial strain, with West Australians hit twice as hard compared to other states.
Nuclear Battery Debate in North West QLD: Is It Over?
The debate over nuclear batteries in North West Queensland continues to spark controversy, with experts questioning if the discussion is truly finished amid energy and environmental concerns.
WA Minister Slams Easter Fuel Surcharge, Urges Avoidance
WA Energy Minister Amber-Jade Sanderson condemns a 20% holiday surcharge at a Wheatbelt service station, calling it 'extraordinary' and urging an investigation amid fuel supply concerns.
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Solo Energy Slams WA Fuel Rules as Anti-Competitive
Solo Energy Corp has condemned Western Australia's fuel regulations, claiming they stifle competition and harm consumers. The company argues for reforms to boost market fairness.
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