Western Australia drives Alcoa $US4.1b buy of South32 aluminium business
The US company will have a monopoly over WA bauxite mining and alumina refining, which it plans to operate for 40 years.
Andrew Forrest has put his iron ore miner FMG on a fast track to net-zero emissions by 2030. Achieving high speed on a rocky road will not be easy.
Ever-ambitious Andrew Forrest wants iron ore miner FMG to be carbon neutral by 2030 with the use of green electricity, hydrogen and ammonia.
Much of the $52 billion cost to decommission Australia's offshore oil and gas infrastructure will fall on the Federal Government via the tax system and work has started to boost industry collaboration and find cost savings.
Ichthys LNG is giving Inpex and Australia a huge carbon pollution problem that is likely to grow as the Japanese company looks to troublesome carbon capture and storage to limit the environmental and financial damage.
Western Gas is looking east, at petrochemicals, at WA buyers and the North West Shelf LNG plant to find a market for its Equus gas.
The Australian oil and gas industry shed about 3000 jobs in 2020, a far deeper cut than the national average, leaving the offshore safety regulator NOPSEMA worried about lack of maintenance.
While Australia's offshore oil and gas industry grew safety regulator NOPSEMA was troubled by cost-cutting operators, old wells to clean up and dealing with COVID-19.
Singapore's Pavilion Energy will buy Australian LNG from Chevron with certified greenhouse emissions, in another sign that Asian buyers are favouring less carbon-intensive gas.
Woodside boss Peter Coleman said the military of Myanmar where Woodside operates "weren't being heard" and staging a coup was a "difficult decision" for the generals.
Woodside wants to sanction its $US11.4 billion Scarborough LNG project in 2021, but a legal challenge to regulatory approval for years of carbon emissions could put it in a two-year legal limbo.
The WA energy trilemma: Labor is ready to go but don’t mention coal, Liberals want to drop coal but are light on detail, the Greens want to dump gas as well, and they all love green hydrogen.
President Biden's carbon tariff plan is aimed at China but Australian exporters will be collateral damage unless the Federal Government adopts real measures to achieve net-zero emissions by 2050.
All the info and a bit of comment on WA energy, industry and climate every Friday