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Showing 191 - 200 of 717 results for "gas"

$500bn investment needed to decarbonise NEM

RACHEL ALEMBAKIS  |  TUESDAY, 18 APR 2023  |  NEWS
... dispatchable capacity will also be required alongside variable renewables. Baringa has modelled this dispatchable capacity as gas, but ideally new technologies become available and this need for capacity will be met by green sources like hydrogen turbines." ...

Quinbrook acquires US biofuel producer

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
... streams to biogas for use in industrial processes, conversion to renewable electricity, or refinement to Renewable Natural Gas. "What we like about this investment is that it's linked to the food sector and beverage sector," Scaysbrook said. "It's ...

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... sustainability strategy," said Jo Hynes, HSSE and sustainability manager. "We spent a lot of time researching the oil and gas industry, where we saw the future of the industry and how we were best placed to operate responsibly. "We do see oil demand ...

Asian companies setting net zero goals, lagging on capital alignment

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... discrepancy on the corporate level. The report noted that Asia consumed 80% of coal usage globally, 38% of oil and 23% of natural gas, saying "this high fossil-fuel dependence inevitability implies a rising share of responsibility for global efforts ...

AGL saved from HESTA divestment

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
... to 200 metric tons of carbon dioxide equivalent compared to the previous closure date. AGL then plans to reduce greenhouse gas emissions by at least 52% per year following closure of the power station. The energy company hopes to satisfy customer demand ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... proposal, Brookfield would acquire Origin's Energy Markets business while MidOcean would acquire Origin's Integrated Gas business including a 27.5% interest in Australia Pacific LNG (APLNG). MidOcean will then on-sell a 2.49% interest in APLNG ...

Bank Australia sets interim 2030 net zero target

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2023  |  NEWS
... World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) and is aimed at enabling companies to set greenhouse gas emissions targets to 2050 in line with containing climate change to 1.5 degrees Celsius. It is seen as a rigorous voluntary ...

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
... ESG approaches to avoid short-term underperformance, including unwillingness to miss out on strong returns in the oil and gas sector. More than a third of investors in Europe have been allowing higher allocations to oil and gas companies in the short ...

Activist investor launches Santos campaign

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... has pivoted to a growth strategy, committing to by far the most aggressive upstream capex plan of any major listed Oil and Gas company globally," Snowcap said. "The result has been a drastic underperformance in Santos' stock price; now the lowest ...

Cybersecurity tops ESG priorities for ASX companies: Perennial

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
Cybersecurity is the key 2023 ESG theme for ASX listed companies, topping greenhouse gas emissions and diversity as priority, according to the latest Perennial Better Future survey. The survey, which was sent to approximately 200 ASX-listed companies ...