Investment News in Australia

CEFC Invests in Homegrown Critical Minerals to Strengthen Clean Energy Supply Chain
12/9/2024 - The CEFC has invested US$75 million in global alternative investment manager Resource Capital Funds (RCF) to support Australia’s emerging critical mineral supply chain and build further momentum in th...
South Erregulla Peaking Gas Power Station Final Investment Decision
11/28/2024 - • Strike’s Board of Directors have taken an unconditional final investment decision (FID) and sanctioned the South Erregulla fully integrated peaking gas power station development.
• South Erre...
Tax incentive to drive investment in renewable hydrogen
11/25/2024 - The Australian Government has introduced the Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024. This Bill would establish the Hydrogen Production Tax Incentive (HPTI).
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AEMO highlights need for new investment, critical role for gas to 2050
6/26/2024 - The Australian Energy Market Operator’s (AEMO) 2024 Integrated System Plan (ISP) has reaffirmed the critical role of gas in Australia’s energy security and the urgent need for investment in new gas su...
East Coast Gas Production at Full Capacity but AEMO Warning Reinforces Need for Investment
6/20/2024 - East coast gas production is running at full capacity to meet the surge in gas demand for power generation that prompted the Australian Energy Market Operator (AEMO) to issue a warning overnight that ...
Near-term capacity outlook improves for WA’s main grid, but more investment needed from 2027
6/18/2024 - AEMO has published its annual reliability outlook for Western Australia’s South West Interconnected System (SWIS), which presents a significantly improved near-term outlook compared to last year’s rep...
Carnarvon Energy CEO: FID on Dorado project expected this year
6/14/2024 - For the past two years, West Perth-based Carnarvon Energy has been seeking to sanction and advance the Dorado project, a field development project that it is developing in partnership with operator an...
Fortescue announces further investment into Nabrawind
6/11/2024 - Fortescue has announced a new capital investment in Nabrawind. This investment stems from the collaboration initiated in 2023 between Fortescue, a mining and green energy company based in Australia, a...
Strategic objectives on track
5/6/2024 - - Carnarvon Energy well placed and expects to be fully funded to deliver Dorado to FID and first oil
- Commitment to preserve the Company’s strong balance sheet to progress Dorado and other hi...
Woodside Releases 2023 Social Contributiom Ompact Report
4/10/2024 - Woodside Energy released its 2023 Social Contribution Impact Report, highlighting its support for community development globally and investments in opportunities that are important to host communitie...
Rolls-Royce welcomes Australian investment in AUKUS preparation plans
3/21/2024 - Rolls-Royce welcomed the announcement that the Australian Government would be investing in its ongoing AUKUS preparations. This supplements the expansion funding already committed by the UK Ministry o...
Metso celebrates grand opening of its largest service center globally in Karratha, Australia
3/21/2024 - Metso has opened its largest service center globally in Karratha, Western Australia. The center supports the growing demand of customers’ needs, delivering more sustainable, state-of-the-art services....
Herbert Smith Freehills advises international lender syndicate on A$550m loan
3/12/2024 - Herbert Smith Freehills has advised a syndicate of international lenders on a sustainability-linked loan for the Kwinana Waste to Energy Project in Western Australia.

Herbert Smith Freehill...
POSCO, Accelerating Growth through Investment Marking ‘2nd Year since Merger with POSCO ENERGY’
2/16/2024 - Invested a total of KRW 1 trillion in energy industry this year, already selling more traction motor cores than the last year
Last year’s sales were KRW 33.1328 trillion and the profit KRW 1.16...
CEFC Invests to Construct More Storage and Wind with Neoen in South Australia
2/6/2024 - The CEFC is ramping up support for key assets in Australia’s clean energy transition, committing $99 million to the second part of Neoen Goyder South Stage 1 Wind Farm and the Blyth Battery in South A...
Santos and Barossa JV Partners Announce Barossa Aboriginal Future Fund
2/1/2024 - Santos and its joint venture partners in the Barossa Gas Project announced they will invest up to A$10 million in Northern Territory coastal Aboriginal communities and homelands as the development pha...
Oil and gas dominates future major resources projects driving economy
12/18/2023 - Australia’s oil and gas industry has emerged as the dominant driver of nation-building new resources projects, creating new jobs and attracting billions of dollars of spending in Australia.

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Tamboran Re-domiciliation: Scheme of Arrangement becomes effective
12/7/2023 - Tamboran Resources Limited (the Company or Tamboran) is pleased to announce that the scheme of arrangement in relation to the re-domiciliation of the Company and its subsidiaries (Tamboran Group) fr...
Australian Energy Producers comment on Petroleum Resources Rent Tax Bill
11/21/2023 - Attributable to Australian Energy Producers Chief Executive Samantha McCulloch:

We encourage the Government to work with the Coalition to ensure passage of the PRRT reforms.

The...
Final Investment Decision on Kurri Kurri Lateral Pipeline
11/7/2023 - Leading Australian energy infrastructure business, APA Group, has reached a final investment decision (FID) to build the Kurri Kurri Lateral Pipeline, connecting the Hunter Power Project to the existi...

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