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Oil prices

Tuesday, September 21

Renewables add lustre to the gas sector and help offset coal bans

The surge in renewable energy generation in Queensland is offsetting China’s ban on Australian coal and has given a boost to the LNG industries where east coast production hit a record in December, according to analyst EnergyQuest.

APLNG hit with another massive writedown based on oil prices

Origin Energy has announced writedowns of up to $1.2 billion including a cost to its APLNG project in Queensland of between $720 million and $770 million.

The inflation spike is largely explain by surging fuel prices (Photo: AAP Image/Julian Smith)

Market turmoil, Saudi-Russian standoff may deliver $1 a litre petrol

Their superannuation may be taking a pummelling, but the collapse in the global oil market is good news for motorists.