Importers of liquefied natural gas in Japan are bracing for the possibility that long-term supplies from one of the world’s top exporters could become uncertain. Australians are heading to the polls on May 3 and, according to Reuters, whichever party wins, there may well be less LNG for exports than …
Read More »Australia’s Race to Develop a Critical Minerals Sector
Australia has been developing its critical mineral sector in recent years, aiming to become a major producer and processor of the high-demand minerals and metals needed to support a global green transition. In addition to launching a national strategy and providing billions in funding for the sector, the government recently …
Read More »Oil Majors Warn that Australia’s Natural Gas Policy could Make Shortages Worse
Shell, Chevron, and Exxon have warned the Australian government a proposal aimed at curbing natural gas shortages on the domestic market might end up making them worse instead. “The fact that the easiest lever the federal government now has to solve the southern gas problem is export controls, is not …
Read More »China’s Coal Imports from Australia Rise to Highest Level since April 2020
China’s coal imports from Australia rose to their highest in more than four years in November, customs data showed on Friday, as shipments continue to recover from an unofficial ban on Australian coal that was lifted in January 2023. Australian coal imports were 9.3 million metric tons in November, according …
Read More »The Lithium Glut could Persist until 2027
This year’s plunge in lithium prices has forced curtailments in production in China and Western Australia as lithium miners look to limit losses and reduce the oversupply hanging over the market and prices. However, the lithium glut has not gone away and the market could remain oversupplied until 2027, analysts …
Read More »UK and Australia to Team up on Energy Transition Goals
The UK and Australia will work together to pursue their energy transition goals, the prime ministers of the two countries said today. PMs Keir Starmer and Anthony Albanese did not go into detail about how much money their governments would commit to these goals but mentioned green hydrogen and offshore …
Read More »Australia Unveils $50 Billion Plan to Lead Global Green Hydrogen Market
Australia looks to develop domestic green hydrogen industry and export clean hydrogen in a bid to become a global hydrogen leader, the government of one of the world’s top LNG exporters said on Friday. The Australian government today published its new National Hydrogen Strategy, which identifies objectives and actions to …
Read More »Australia could be Hit by Natural Gas Shortage in 2027
Australia’s east coast could see shortages of natural gas as early as in 2027 unless more supply is made available soon, the Australian Competition and Consumer Commission (ACCC) said in a report on Thursday, adding another warning about the domestic market of one of the world’s biggest LNG exporters. “Long-term …
Read More »Saudi Aramco Bids for Australian Energy Major
Saudi Aramco is considering a takeover bid for Australian energy major Santos, Bloomberg has reported, citing unnamed sources, who also said the UAE’s Adnoc was also studying an offer for the company. The bids were a demonstration of Middle Eastern energy companies’ interest in expanding their natural gas business internationally, …
Read More »Australia Urged to Boost Renewable Investment to Meet Clean Energy Target
Investment in renewable energy projects in Australia rebounded in the first quarter of 2024 from the 2023 lows, but the country needs to further boost its annual investments to meet the government’s 2030 clean energy target, industry body Clean Energy Council said in a report on Friday. The association’s Renewable …
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