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The Latest Breaking News from Inpex

Darwin residents are worried about toxic chemicals and gas leaks. We need laws to protect clean air

The federal government is considering enforcement action against oil and gas company Inpex after it admitted serious reporting errors that significantly underestimated hazardous emissions released from its liquefied natural gas (LNG) plant on Darwin Harbour over many years.

The Conversation

3 High-Quality Oil Stocks to Buy as Middle East Tensions Linger

These oil stocks could benefit significantly as energy prices are still holding at elevated levels.

Barchart

Power couple: green energy, gas giant bet on renewables

A renewable energy company with global backers will be launched to take on top tier rivals, despite a looming political threat to clean energy investment.

AAP

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Inquiry raises deep concerns over Labor’s $1.5 billion cash splash for new NT gas hub

A Senate inquiry has failed to reach agreement on whether the federal government should spend A$1.5 billion on a major industrial hub in Darwin – spending critics say amounts to a huge fossil fuel subsidy.

The Conversation

As the Coalition goes nuclear, Labor is free to ensure fossil fuels are burned with abandon and little scrutiny

How can Australia get to net zero by 2050 while approving projects that will run for decades beyond that date?

The Guardian - AU

'Concerning' lack of transparency over toxic pollution

A fossil fuel company neglected to tell residents that a nearby gas plant was emitting elevated levels of cancer-causing chemicals for more than a year.

AAP

NT net zero policy ditched after pushback by gas giants

A net zero emissions proposal for new NT onshore gas projects was ditched after the government quietly consulted with the gas industry, documents show.

AAP

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Net zero policy for new gas projects abandoned after industry objected

Exclusive: The gas industry was the only stakeholder consulted before policy proposal was ditched by the Northern Territory government, FoI documents show

The Guardian - AU

It’s messy and slow and drowned in noise, but a change in Australia’s climate policy is under way

There is a signal beneath the noise, and it is bigger than just the safeguard mechanism

The Guardian - AU

Why is Japan worried about Australia's energy policies, and will the lights go out in Tokyo?

A corporate titan from Japan unleashed on Australia's energy policies this week. So why are they so upset, and is it really that bad?

ABC News

Japan's Inpex says Australia risks unintended consequences as it 'quietly quits' LNG

The head of Japan's biggest oil and gas producer has warned that Australia risks undermining global security through a decision to "quietly quit" the international gas trade.

ABC News

Northern Territory government could be first buyer of Beetaloo gas, as Blacktip supply issues bite

A gas company looking to develop the Beetaloo Basin says the Northern Territory government could be one of its first customers for fracked gas.

ABC News

Darwin Festival won't accept $200k in funding from group of philanthropists to replace Santos sponsorship

Darwin Festival has insisted the show will go on, after it was unable to reach an agreement for $200,000 in funding meant to replace its long-time major sponsor Santos.

ABC News

Darwin headed for a 'rental crisis' as strong demand and limited supply push prices to near record levels

With some of the highest rents in Australia, a vacancy rate under one per cent and little to no new housing on the horizon, some renters in Darwin are being pushed to the brink — and property experts say there's little relief in sight.

ABC News

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The Guardian - AU

Major partnership between science centre Questacon and Shell to end after four decades

Climate campaigners welcome move as community pressure over fossil fuel sponsorships and advertising grows

The Canberra Times

Questacon budget boost to exceed fossil fuel funding gap

$10 million delivered over two years more than covers the loss of Shell in December and Inpex in June next year, as the contracts come to an end.

ABC News

NT's Blacktip gas field production drops, forcing shutdown of Northern Gas Pipeline

Production from the offshore field which supplies gas for the Top End's electricity generation has decreased by nearly 50 per cent this year.

ABC News

Inpex commits to a net zero future in the Northern Territory, as it sets its eyes on expanding

An energy expert says it's "ambitious" to think a net zero agreement between gas giant Inpex and the Northern Territory government will be enough to offset carbon emissions from the company's expanding projects.

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ABC News

NT's Power and Water Corporation buys gas from LNG exporters

The Northern Territory's electricity provider has pulled an emergency lever after its regular supplier could not deliver enough gas.

The Guardian - AU

Australia’s oil and gas regulator criticised after chief hands out environmental ‘excellence’ awards at industry dinner

Regulator says outgoing boss Stuart Smith had no role in selecting winners and was invited to acknowledge his work over eight years

ABC News

Japan's top envoy warns Australia against 'too many eggs in one basket' with China trade

Japan's ambassador to Australia has warned of the risks of dependence on China as he flags greater investment by Japanese companies in Australian resources.

ABC News

Dolphin deaths spark concerns about Darwin Harbour water quality and industry

Two dolphins found dead on NT beaches raise questions about the future of life in Darwin Harbour.

The Japan News/Yomiuri

Search for natural gas to begin off Japan's Shimane, Yamaguchi Prefs in March

Inpex Corp. and Japan Oil, Gas and Metals National Corp. (JOGMEC) will begin searching to pinpoint the best locations for natural gas extraction in oil and gas fields in the waters off Shimane and Yamaguchi Prefectures in March.

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