Energy

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Price swings for Australia’s regional oil benchmark, known as Tapis crude, take between a week to 10 days to reach Australian bowsers.

Petrol stations’ price rise excuse branded misleading

The nation’s former consumer watchdog says any petrol station using the Iran war to increase prices already should face investigation.

  • Nick Toscano and Daniel Lo Surdo

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Most of the gas produced on the east coast is converted into LNG and exported. The federal government is developing a scheme to force producers to reserve some for the domestic market.

Drone strike on key Qatari plant reignites global gas crunch fears

Soaring gas prices are handing a potential windfall to Australian LNG giants, but reigniting worries of spiking energy costs at home.

  • Nick Toscano

The narrow strip of water off Iran affecting petrol prices

About a fifth of the world’s oil and LNG passes through the Strait of Hormuz every day. What happens when a war breaks out across it – and how does it affect petrol prices?

  • Angus Holland, Jackson Graham and Madeleine Heffernan
Prices for unleaded petrol hit well above $2 a litre in parts of Melbourne on Monday.

Melbourne drivers face petrol price pain as Iran crisis jolts oil markets

Severely restricted global supplies of crude oil could affect motorists should the conflict drag on in the Middle East.

  • Nick Toscano and Mike Foley
The Waratah Super Battery

Delays hit Australia’s biggest battery, hindering green energy shift

Australia’s most powerful battery will not be fully operational until the end of the year, after the $1 billion project suffered a major equipment fault.

  • Nick Toscano
Adelaide-based Santos is one of Australia’s largest oil and gas companies.

Federal Court dismisses historic ‘greenwashing’ case against Santos

A landmark greenwashing lawsuit has been dismissed as a court rules Santos had grounds to describe natural gas as “clean energy″⁣.

  • Nick Toscano
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Santos CEO Kevin Gallagher has led the Australian oil and gas giant for the past decade.

Gas giant Santos to axe 10% of staff, consider asset sales

Santos, the second-largest Australian gas producer, will cull one in 10 jobs and may sell some of its assets as it faces a downturn in commodity prices.

  • Nick Toscano
The Brotherhood of St Laurence has been rolling out energy upgrades to people with chronic health conditions.

Unused laws leave low-income energy support gathering dust

Discounts on heaters and insulation could be even cheaper for low-income homes under laws the Victorian government has passed but is yet to use.

  • Kieran Rooney
Luke Baker (Miner driver)and Jason Thoroughgood (pit top leading hand) Myuna coal mine workers whose jobs are hanging in the balance amid a dispute between Centennial Coal and Origin Energy over the terms of a deal to supply the Eraring power station until its new closure date of 2029

‘Twist in the guts’: The 300 workers caught in a coal mine standoff

Jason Thoroughgood and Luke Baker are among nearly 300 workers whose livelihoods are on the line, caught in the crossfire of a corporate stoush.

  • Nick Toscano
Jane Fisher installed solar panels to cut her bills, but would not add a battery if her network charge increased.

The power bill change that will sting low-earners $200 more

Energy misers will be hundreds out of pocket, while power-hungry households get a windfall of up to $1400, under the regulator’s proposal, experts warn.

  • Mike Foley