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Showing 1 - 10 of 69 results for "natural gas"

Coalition's anti-ESG stance sparks investor backlash

ROSE MARY PETRASS  |  THURSDAY, 23 JAN 2025  |  NEWS
... Tasmanian logging company TP Bennett and Sons. The bank has no direct lending exposure to coal, coal seam gas, crude oil, natural gas, native forest logging projects. Opposition leader Peter Dutton said: "Banks are there to provide finance to creditworthy ...

Australia leads in greenwashing lawsuits

ROSE MARY PETRASS  |  MONDAY, 28 OCT 2024  |  NEWS
... engaging in misleading or deceptive conduct in its 'clean energy' claims and net zero plan. The claims related to natural gas and blue hydrogen being labelled 'clean'. The ACCR also alleges Santos' net zero plan did not look beyond 2025. The ACCR is ...

UniSuper defends APA stake amid member backlash

ROSE MARY PETRASS  |  WEDNESDAY, 2 OCT 2024  |  NEWS
... fossil gas extraction projects in Australia need to be stopped." A UniSuper spokesperson said the superfund considers natural gas as key to a smooth energy transition. "UniSuper supports a just and orderly transition to a low carbon economy. As coal ...

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
Woodside disregards historic investor rejection of its climate plan; the energy giant's US$1.2bn natural gas takeover negates its US$2.35bn carbon capture buy "more than 21 times over". Woodside's US$1.2bn bid for Tellurian and its Driftwood ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... produce ammonia, used for power generation, marine fuels and as an industrial feedstock. Starting in 2025, it will use natural gas, transitioning to 95% carbon capture by 2026. The investment exceeds Woodside's capital allocation target of 10% internal ...

Clean energy trends are "unstoppable"

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
... specific clean energy industries like solar and wind, complemented by exposure to more traditional energy sources (e.g., natural gas, nuclear power) that will still be needed to meet energy demand while alternative sources and technologies continue to ...

AI and crypto mining to drive energy opps: PGIM

MICHELLE BALTAZAR  |  FRIDAY, 7 JUN 2024  |  NEWS
... data centre that is next to a nuclear reactor. The fifth trend worth understanding is the global demand for liquified natural gas (LNG). Companies along the natural gas supply chain can provide attractive opportunities for investors. "Small US gas producers ...

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... decarbonisation will include hydrocarbons. "During those windless, sunless periods, the country still needs to rely on natural gas for 'dispatchable power'." Public-private partnership is the most effective tool to help countries meet their energy needs ...

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... identified as a leader in green investments. Due to the Inflation Reduction Act (IRA) and the availability of low-cost natural gas feedstock, 79% of all executives view it as an attractive region for energy transition investments. Europe (65%) and Australia ...

Japan issues first climate transition bond

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
... GX plan encourages financial flows to technologies not fully IPCC-aligned, including thermal power such as liquid natural gas, ammonia co-firing with coal, hydrogen, and carbon capture and storage. It also encourages flows to hybrid vehicles, while maintaining ...
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