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Decarbonisation is the biggest long-term economic adjustment Australia faces since the Hawke-Keating governments exposed the nation to global market forces in the 1980s.

NSW expects its bumper $3 billion of subsidies for green hydrogen production will lure interest from energy importers in Japan and South Korea.

Santos targets cross-border CCS project in Timor Sea May 5, 2021 – 5.15pm Share Santos chief executive Kevin Gallagher has outlined a vision for a cross-border carbon capture and disposal (CCS) project at an ageing gas field in the Timor Sea that could include partners in Europe, Asia and Australia. Mr Gallagher said the Bayu-Undan field, located in Timor-Leste waters about 500 km north-west of Darwin, is “possibly the best CCS reservoir in Australia”, referring to its ability to take carbon waste from this country. It could bury up to 10 million tonnes a year of CO2 from gas fields and...

Save Share If there’s a phrase that sums up this bumper earnings season, it probably belongs to Woolworths chief Brad Banducci. The supermarket boss talks about making “no-regret” investments. For Woolworths, which has been one of the biggest beneficiaries of the lockdowns and is among the country’s biggest employers, that means investing in automation, digitisation and e-commerce. “Those are all no-regret things,” Banducci says. What he means is that Woolworths – which reported a bumper 15.9 per cent increase in underlying net profit to $1.14 billion –...

APA Makes Parmelia Gas Pipe Hydrogen Ready Feb 26, 2021 2:50:am Summary by: Shardul Sharma Posted in: APA Makes Parmelia Gas Pipe Hydrogen Ready Australian gas infrastructure company APA on February 23 announced a hydrogen pilot project to enable the proposed conversion of 43 km of the Parmelia gas pipeline in Western Australia into a 100% hydrogen-ready transmission pipeline.  This announcement is the company’s first investment under its Pathfinder Programme. “This is a tangible example of how APA is investing in a technology pathway towards net zero emissions by 2050,” APA CEO ...