19 08, 2022

Australia’s Natural Gas Companies: Which Are the Biggest Ones?

By |2022-08-19T15:26:10+00:00August 19, 2022|Corporations|Comments Off on Australia’s Natural Gas Companies: Which Are the Biggest Ones?

In the past decade, natural gas companies in Australia have witnessed the industry’s continuous growth. While the country produced around 52 billion cubic meters of gas in 2010, this total was 142.5 billion in 2020. Production almost tripled during this period. Moreover, in 2017, Australia took over Qatar as the largest liquefied natural gas (LNG) exporter in the world. This milestone reflects the investments made in Australia’s gas industry in recent years. In fact, more than AUD $300 billion has [...]

18 08, 2022

The Arrow Energy Surat Gas Project: News and Events

By |2022-09-12T12:08:14+00:00August 18, 2022|Corporations, Natural Gas|Comments Off on The Arrow Energy Surat Gas Project: News and Events

In 2013, a protest took place at Cecil Plains in Queensland against the Arrow Energy Surat Gas Project. One local landowner told The Chronicle, “The CSG [coal seam gas] industry has declared war on agriculture, and I say bring it on.” Coal seam natural gas is extracted from coal mines. It can be devastating for agricultural land. As a result, it has frequently faced protests from Australian farmers. They say that the process of extracting CSG can contaminate groundwater and destroy [...]

6 07, 2022

Why EvoEnergy is Slow to Ditch Gas: Locking in a Dirty Fuel

By |2022-09-09T14:16:15+00:00July 6, 2022|Corporations|Comments Off on Why EvoEnergy is Slow to Ditch Gas: Locking in a Dirty Fuel

A look at who owns EvoEnergy explains why it is reluctant to leave gas behind. One of the company's owners has money tied up in gas infrastructure. This has prevented a switch to renewable energy. What is EvoEnergy? A corporation owned by Icon Distribution Investments Limited & Jemena EvoEnergy owns and operates the Australian Capital Territory (ACT) electricity network. It also owns the gas networks in the ACT. The ACT government owns 50 per cent of EvoEnergy (under Icon Distribution Investments Limited). Jemena owns the [...]

14 07, 2021

Energy Rates in Australia: The Best Options

By |2022-07-25T10:25:20+00:00July 14, 2021|Corporations|Comments Off on Energy Rates in Australia: The Best Options

Australia’s largest traditional energy providers are known as the ‘big three’. Origin Energy, AGL and EnergyAustralia have dominated the residential electricity and gas market for years. But, their monopoly is being challenged as smaller players enter the sector. The increase in competition for electricity and gas is causing energy rates for consumers to decline. However, Prime Minister Scott Morrison is not supportive of the market disruptors. Instead, his plan for the Australian economy focuses on expanding the use of natural [...]

4 05, 2021

Renewable Energy Companies in Australia: A Green Recovery

By |2022-08-11T07:56:06+00:00May 4, 2021|Corporations|Comments Off on Renewable Energy Companies in Australia: A Green Recovery

In 2020, the International Monetary Fund said countries should aim for a green economic recovery from the COVID-19 pandemic.the Guardian. (2020). IMF warns emissions policies “grossly insufficient” and urges green recovery. [online] Available at: https://www.theguardian.com/business/2020/oct/13/imf-warns-emissions-policies-grossly-insufficient-and-urges-green-recovery [Accessed 29 Mar. 2021]. ‌But Australia has promised the least green recovery measures of the world's richest countries.the Guardian. (2021). Australia lags far behind other top economies on “green recovery” pandemic spending. [online] Available at: https://www.theguardian.com/australia-news/2021/mar/19/australia-lags-far-behind-other-top-economies-on-green-recovery-pandemic-spending [Accessed 29 Mar. 2021].‌ Australia will miss [...]