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Australia's AGL Energy cuts full-year profit forecast after outage at Liddell plant Reuters 21/12/2020 © Reuters/David Gray The logo of AGL Energy Ltd, Australia's no.2 power retailer, adorns the building of their head office in Sydney, Australia (Reuters) - AGL Energy Ltd slashed its fiscal 2021 profit forecast on Monday as an outage at one of its coal-fired plants and lower wholesale electricity prices pressured Australia's top power producer, sending its shares down more than 6%. The Sydney-based company now expects underlying profit after tax between A$500 million and A$580 millio...

Australia's AGL makes final push to win approval for LNG import terminal Reuters 17/12/2020 By Sonali Paul © Reuters/David Gray The logo of AGL Energy Ltd, Australia's no.2 power retailer, adorns the building of their head office in Sydney, Australia By Sonali Paul MELBOURNE (Reuters) - Australia's AGL Energy Ltd on Thursday made a final bid for approval of a long delayed gas import terminal in the state of Victoria which it said would fill an expected shortfall in gas supply from 2024 and not damage the environment. AGL in 2016 was the first company to propose importin...