The failure of Cliff Head's owners, Pilot Energy and Triangle Energy, to meet payroll does not bode well for their ability to pay the $200 million decommissioning cost.
Pilot Energy and Triangle Energy - two listed minnows with no revenue - may struggle to afford to decommission the Cliff Head platform off the WA coast.
The switch from fossil fuels to renewable energy is vital for limiting the damage from climate change and is increasingly the most economically sound choice.
For Woodside, it is Scarborough or bust. Incredibly the LNG specialist has no plan B ready if its last chance to develop an LNG project evaporates. And Scarborough is no sure thing.
WA's competition regulator has accepted that competition from renewable energy will shrink the economic life of the Dampier to Bunbury gas pipeline by more than three decades.
