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The Latest Breaking News from Origin Energy

Gas production costs in Queensland's Lake Eyre Basin will be 'staggering', report claims

A report commissioned by an environmental group claims gas extraction in Queensland's Lake Eyre Basin will cost millions, but proponents say the fossil fuel has an important role in Australia's transition to renewable energy.

ABC News

Fracking in Lake Eyre the ‘height of folly’, report suggests

Economic analysis suggests any proposal to allow fracking in Queensland basin would not be commercially viable

The Guardian - AU

What does Origin Energy backing out of gas exploration mean for the Channel Country?

Traditional owners, graziers and lobby groups say the gas company's decision to review plans in Queensland's Channel Country should be a "wake-up call" to governments.

ABC News

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Tamboran Resources buys Origin Energy's Beetaloo Basin gas exploration stakes

Tamboran Resources has overnight become the biggest player in the Northern Territory's Beetaloo Basin.

ABC News

In a win for Traditional Owners, Origin is walking away from the Beetaloo Basin. But the fight against fracking is not over

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.

The Conversation

Origin Energy quitting Beetaloo fracking project an 'indicator' of gas industry’s future, analyst says

Origin Energy's decision to back out of plans to frack for gas in the Northern Territory's Beetaloo Basin could be an early indicator of "fossil fuels falling away", according to an energy analyst.

ABC News

Origin Energy to quit Beetaloo gas project but green groups warn environmental threat remains

Sale will come at a loss but distance company from both environmental controversy and Russian oligarch

The Guardian - AU

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Origin Energy backs out of investment into on-shore gas exploration in Beetaloo Basin

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".

ABC News

Origin exits Beetaloo for up to $90m loss

Origin Energy has offloaded its stake in the gas-rich Beetaloo Basin for a loss of up to $90 million, but it doesn't spell the end of controversial development.

AAP

$Ban fracking motions passed at NT Labor Conference show 'disconnect' in party$

Ban fracking motions passed at NT Labor Conference show 'disconnect' in party

The future of the oil and gas industry has been thrown into disarray after a string of submissions ranging from a complete ban on fracking to prohibiting subsidies — were passed without dissent at an NT Labor Conference.

ABC News

Health impacts of coal ash dams in the spotlight

The NSW Environment Protection Authority is reviewing the regulation of the state's ash dams in response to growing concerns about their impact on human and environmental health.

Newcastle Herald

Origin Energy sets climate transition plan

Origin Energy's climate transition plan has been 'condemned' by some for failing to include new gas fields, setting up a showdown at the annual general meeting.

AAP

Origin Energy sinks on FY23 uncertainty

Origin Energy has posted a loss after an "an almost unparalleled year" for energy market conditions, and spooked investors with a lack of guidance for FY23.

AAP

$Channel Country advisory group outcomes about gas exploration and fracking remain secret$

Channel Country advisory group outcomes about gas exploration and fracking remain secret

Almost 12 months after the Queensland government quietly granted oil and gas leases in the environmentally sensitive Channel Country, there are calls for the outcome of stakeholder meetings to be made public.

ABC News

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The Guardian - AU

Soaring gas prices help Origin Energy net $1.59bn from Queensland pipeline

Revenue at Australia Pacific LNG doubles in 2021-22, prompting renewed calls for a windfall tax

The Guardian - AU

Lismore residents with flood-damaged homes still received bills from energy companies

Some customers whose homes were uninhabitable for months were billed based on estimated power usage

ABC News

Industry says gas from the Beetaloo Basin could solve Australia's energy crisis. Some energy analysts question that claim

The gas industry has its eyes set on developing the Northern Territory's Beetaloo Basin to secure Australia's electricity supply. Some analysts doubt the economics stack up.

ABC News

The Loop: Coroner's findings on Hannah Clarke's death, Origin Energy fined millions, Ghislaine Maxwell's victims speak

Here's a quick look at some of today's biggest headlines.

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ABC News

Federal Court orders Origin Energy to pay $17 million penalty over breaching hardship obligations

The Federal Court has fined Origin Energy for breaching its obligations to customers experiencing hardship and payment difficulties, with the total penalty the largest ever imposed for breaches of the national energy retail law and rules.

ABC News

Electric vehicles could significantly increase demand on the power grid, trials underway to change energy use behaviour

Energy retailers and distributors are preparing for a looming challenge from electric vehicles, with new research revealing they'll add at least 30 per cent demand on the evening peak unless drivers change their behaviour.

Newcastle Herald

Gas power helping to prop-up energy grid

The Colongra gas-fired power station on the Central Coast has been running at historically high levels in recent months in an attempt to sure up an increasingly unstable electricity grid.

Newcastle Herald

Coal snap: Eraring power station running out of coal, ASX told

Eraring Power Station is running out of coal, threatening to deepen Australia's worsening energy crisis.

Newcastle Herald

Eraring is running out of coal, owner warns stock exchange

Origin Energy has advised the Australian Stock Exchange that Eraring Power Station is running out of coal.

ABC News

Beetaloo Basin's 'absolutely immense' potential spruiked at oil and gas conference, but big fracking tests loom

Buried deep in the Beetaloo Basin, it's estimated there is enough shale gas to power Australia for 300 years if the industry can work out how to frack it safely. Now, the industry is considering re-injecting wastewater into deep saline aquifers.

Newcastle Herald

Federal government wants to change the rules to draw out the closure of coal fire power stations

AGL would be required to give an extra 18 months notice of its intention to close Bayswater Power Station under a rule change proposed by the federal government.

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