One of Australia’s largest banks, the Macquarie Group, has been criticised for its investments in oil and gas producing assets.

BP is to acquire Shell’s 27% stake in the offshore Browse gas project, reigniting divisions in Australia’s gas sector.

Western Australia net zero plans are in the spotlight as it is to become the third state in the country to legislate its net zero commitment, but the industry-intensive state faces an energy dilemma. 

The Federal Court’s ruling against Santos will likely mark a paradigm shift in Australia, while also impacting other countries in the region.

Australian Gas Networks has been pushing renewable gas in social media adverts, while its competitor Melbourne-based Jemena ran an advertorial in the Sydney Morning Herald claiming that “renewable gas can satisfy our energy hunger.”

The Australian Conservation Foundation claims that the offshore Scarborough gas field will have a detrimental impact on the Great Barrier Reef by adding wide-scale coral bleaching.

Gold hydrogen is garnering attention in Australia as a potential competitor to blue and even green hydrogen, but critics say that gold hydrogen comes with considerable methane emissions and may not be volumetrically significant.

Lack of consultation about recent changes to Australia’s Emissions Reduction Fund and an uncertain policy environment could spook investors in CCS, a non profit has said.