Energy Transition in Motion (Week of Dec. 23, 2022): Advancing Projects, Investment
Here’s a look at some of this week’s renewable energy news.
Iberdrola Partners with Abel for $1.17 Billion Australia Hydrogen Project
The Bell Bay Powerfuels project, run by Iberdrola and Abel Energy, is expected to reach final investment decision in 2024.
E&P Highlights: Dec. 19, 2022
Here’s a roundup of the latest E&P headlines including new contracts and regulatory announcements in the upstream oil and gas industry.
BP Invests $20 Million AUD in 5B Holdings
The investment will allow 5B to expand its solar technology and signifies BP and 5B’s collaboration on future projects.
BP Doubles Down on Hydrogen as Fuel of the Future
BP CEO Bernard Looney and head of renewables Anja-Isabel Dotzenrath are anticipated to reveal new hydrogen production targets for the company in February.
Woodside Says LNG, Energy Transition Go Hand in Hand
An ease into the energy transition was at the forefront of Woodside’s 2022 investor briefing.
Leak Causes Santos to Shut Down John Brookes Platform
Santos reported that it could take up to six weeks for its John Brookes platform offshore western Australia to return to full production after discovering the small gas leak.
‘Now Do Australia’: Shale Royalty
Shale royalty Bryan Sheffield and Dick Stoneburner shift their attention to Australia.
EIG Targets Australia's Origin to Build Global LNG Company
EIG's MidOcean Energy would acquire Origin Energy's integrated gas business under a proposed buyout.
Australia Considering Gas Price Cap But Rules Out Mining Tax
Australian Prime Minister Anthony Albanese told a radio station on Nov. 11 that a price cap on gas "is one of the options that is under consideration" to stabilize energy prices.