The Latest Breaking News from Beetaloo

In remarks dismissed by environmentalists, gas company boss Joel Riddle said reserves were ‘critical’ to lowering greenhouse gas emissions

Conservationists say memorandum should prompt the government to be cautious as it drafts water allocation plans for Beetaloo Basin

What a difference six months makes. Before the federal election, the Beetaloo Basin in the Northern Territory was to have spearheaded Australia’s “gas-led recovery”. But Origin Energy this week announced it would sell its share of the basin project ahead of a wider exit from new gas ventures.

Origin Energy will divest its stake in gas exploration in the Beetaloo Basin entirely in a major shift, as it focuses on a "refreshed strategy" to "grow cleaner energy and customer solutions".