The Conservation Council WA has ramped up its continuing criticism of the LNG industry, with a report released today arguing other parts of the state's economy will have an “impossible ask” to reduce emissions to compensate for recent petroleum developments assuming the national target is applied uniformly.
A $1 billion fund to subsidise grid reliability and an expert panel to review Australia’s emissions abatement program are signs the federal government might be rethinking its approach to climate policy.
AGL Energy subsidiary Perth Energy has secured a $4.5 million three-year contract with the North Metropolitan Health Service, its biggest natural gas supply agreement with a state government agency this year.
The use of renewable energy in the mining sector is being given a boost, with the federal government and Alinta Energy jointly funding a $200 million solar facility that will help to power Fortescue Metals Group’s iron ore mines.
Fortescue Metals Group, South32, Iluka Resources, Western Power and Synergy are among a group of 10 resources and energy companies collaborating to develop a toolkit to pre-screen for modern slavery risks within their supply chains.
Power utility Synergy has taken a $446 million impairment and reported a loss of $656.9 million in the year to June, which the state government-owned business said was driven by higher fixed costs as revenue fell.
Oil and gas explorer Whitebark Energy and uranium-focused Toro Energy are seeking to advance their respective projects with equity, with Whitebark completing a share placement and Toro launching a share purchase plan.
Carnegie Clean Energy has reached the minimum of $5.5 million from its rights issue, but announced a shortfall of around $6 million, as the collapsed wave power company inches closer to recapitalisation and relisting on the ASX.
Synergy has secured a substantial electricity supply deal with the North Metropolitan Health Service, one of several electricity contracts awarded by government agencies in the health and education sectors in recent months.