APA in electricity push amid electrification trend
The country’s biggest transporter of gas is looking for other ways to invest in the decarbonising energy system, through electricity transmission and hydrogen.
Source: afr.com
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Rio, energy users fret over coal power replacement
Rio Tinto CEO Jakob Stausholm says Australia is not building renewable energy fast enough to remove coal-fired power from the electricity grid smoothly.
Source: afr.com
APA to expand South West pipeline in Victoria
The investment is expected to enable additional capacity in the Victorian transmission system ahead of gas supply shortfalls highlighted by the Australian Energy Market Operator.
Source: naturalgasworld.com
Australia's APA returns to profit in Jul-Dec
The energy infrastructure company had recognised a non-cash impairment of A$249.3mn last year.
Source: naturalgasworld.com
KPMG bankers up for Basslink buyer search
Basslink receiver KPMG has called in the artillery as it ramps up plans to recoup about $700 million owed to the failed group’s banks and other creditors.
Source: afr.com