Keira Wright

Liquefied natural gas prices are set to climb to levels not seen in more than three years as hotter weather in Asia and restocking needs in Europe boost demand, according to Morgan Stanley.

French renewables developer Neoen SA expects to spend about A$10 billion ($7 billion) to more than double its Australian portfolio to 10 gigawatts by 2030.

Woodside Energy Group said it was not in discussions with Exxon Mobil Corp. over a potential takeover, while an analyst said any deal would likely face regulatory hurdles if it came to fruition.

The Australian company said it was not in discussions with ExxonMobil over a potential takeover, while an analyst said any deal would likely face regulatory hurdles if it came to fruition.

Good morning from a very chilly Melbourne. SpaceX’s stock has come back to earth with a thud, tumbling 23% in just three days and wiping more than $600 billion off its market value. The selloff comes as the company prepares its first-ever investment-grade bond sale to help fund its growing AI ambitions.- Keira Wright, Australian Energy Reporter

Power demand from data centers is poised to surge over the next quarter-century, adding to an almost doubling of electricity consumption across Australia’s main grid by 2050, according to the network operator’s latest road map.

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Australia’s liquefied natural gas exporters should be riding high on a A$20 billion ($14 billion) sales windfall from the conflict in the Middle East. Instead, their good fortune has triggered a wave of public backlash.

Australia’s liquefied natural gas exporters should be riding high on a A$20 billion ($14 billion) sales windfall from the conflict in the Middle East. Instead, their good fortune has triggered a wave of public backlash. A war-driven surge in profits has amplified complaints that ordinary Australians are being short-changed by…

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