This Month
Beach Energy shares plummet as Enterprise gas field reserves slashed
The downgrade of the size of the gas field on Victoria’s coast has shaken the market, with analysts worried about other new projects.
- Angela Macdonald-Smith
- Opinion
- Chanticleer
Five things investors need to watch next
Spotting the next shoe to drop in markets is never easy. But there are a few spots investors can look for signs of stress.
- James Thomson
July
Some of the Gulf’s most influential investors? They’re Australians
The region’s state-owned investment funds that account for more than $US3 trillion ($4.44 trillion) in capital – increasingly deployed into Australian companies.
- Tom Richardson
Aramco denial fuels doubts over Santos’ portfolio
The Saudi giant may be one of several oil and gas producers that took a look at the $25.8 billion ASX company but decided against advancing a formal offer.
- Angela Macdonald-Smith
Saudi, UAE interest puts $25b Santos in play
Renewed takeover speculation has underlined the oil and gas producer’s status as a potential target in the wave of global energy consolidation.
- Angela Macdonald-Smith
June
Petro Australis Energy raises $24m for Cuban oilfield; eyes 2025 IPO
Its flagship asset, the Pina oilfield, was originally developed by the country’s biggest oil and gas player, the state-owned The Cuba Oil Union, in the 1990s.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Sir Andrew Mackenzie: time to focus on the best few climate solutions
The Shell chairman says the world’s carbon challenge is harder than he realised while running BHP, and it’s time for a global focus on a few winning solutions
- Peter Ker and Lap Phan
- Opinion
- Chanticleer
‘I don’t think you can trust me at this point’: CEO’s startling call
Brett Woods has a new plan from the Stokes family playbook and some solid market tailwinds at his back. But it will take time to win Beach Energy investors back.
- James Thomson
Beach looks to power generation, gas storage in turnaround plot
The Stokes-backed oil and gas producer’s new chief executive, Brett Woods, said he would sell non-core assets and reduce headcount by up to 30 per cent.
- Angela Macdonald-Smith
- Opinion
- Chanticleer
Nine ways to make money from the world’s energy mess
As the political push against the energy transition builds, the challenge for investors to find value in the sector is also growing.
- Updated
- James Thomson
World faces ‘staggering’ oil glut by end of decade, energy watchdog warns
The International Energy Agency says electrical vehicle and renewable energy take-up and slowing growth in China means demand will peak in a few years.
- Malcolm Moore
- Opinion
- Chanticleer
How investors can insure against the next election shock
The European polls, including the shock result in France, are a reminder that the election risk is rising for investors. But there’s a possible way to take out insurance.
- James Thomson
The clean energy renaissance that’s backed by big oil
The extraction of geothermal energy from the Earth’s core is enjoying a renaissance, and companies like BHP, Chevron and BP have put their money behind it.
- Peter Ker and Lap Phan
Commodities hit as oil slumps; iron ore in correction
Market pundits are at odds about the prospects for oil prices after OPEC’s surprise move to restore some production to the market this year. Iron ore, meanwhile, is struggling to bounce off its lows.
- Updated
- Alex Gluyas
OPEC+ extends deep production cuts into next year
The oil cartel agreed the cuts as it battles to shore up prices amid weak global demand and increased supply from other parts of the world.
- Fiona MacDonald, Grant Smith and Salma El Wardany
May
- Exclusive
- Woodside Energy Group
Shell sues ATO over claim it was short-changed $99m in CGT bill
The ATO believes the company should have declared capital gains $330 million higher than first reported for its exit from the old Woodside Petroleum.
- Lucas Baird
US shale companies accused of collusion over oil price
ExxonMobil, Occidental Petroleum and Diamondback Energy are among the companies named in at least 10 class actions alleging they conspired to constrain production.
- Jamie Smyth and Myles McCormick
April
Origin’s LNG revenue drops 8pc in March quarter
Lower global prices for oil and gas dragged down LNG revenue at the energy giant to $2.6 billion.
- Updated
- Elouise Fowler
- Opinion
- Chanticleer
Richard Goyder’s Woodside board seat is safe, climate plan is not
Early votes tell us what to expect at Woodside’s annual meeting. It’s clear investors want more action on emissions, particularly at a big oil and gas producer.
- Anthony Macdonald
- Opinion
- Chanticleer
Market aftershocks from Iran’s attack depend on one thing
Investors are treading water as they wait for Israel’s response to the largely failed strike. But shareholders need to start thinking through two scenarios.
- Updated
- James Thomson
