Iran war sees oil price surge and makes interest rate hike likely
The Reserve Bank’s Monetary Policy Board will meet this morning with the price of Brent crude oil above…
Deeper oil crisis could add full percentage point to inflation, Treasury warns
The reverberations of the Middle East war could be felt in Australian inflation figures, according to new advice…
Diesel sells for as high as $2.59 per litre in SA
The average price of diesel in South Australia has hit record levels as state and federal governments scramble…
Record 400 million barrels of oil to be released from reserves to stall price hike
Dozens of countries have agreed to the largest release of emergency oil stocks in history, amid fresh attacks…
Barclays Warns Grid Constraints Could Strand Renewables Assets
Investors may be underestimating the risk that renewables could become stranded assets, as grid constraints and congestion and…
‘[It] will dominate the future’
Within the next few years, renewable energy sources are expected to surpass coal, oil, and gas on a…
Has Trump landed a dud with his Venezuelan oil play?
There’s been uproar and condemnation aplenty over America’s sudden assault on the once enshrined concept of national sovereignty,…
Carbon Emissions Are Rising. That Doesn’t Mean the Paris Agreement Failed
When 196 nations adopted the momentous Paris climate accord, the UK prime minister at the time, David Cameron,…
Global Energy Report Offers Choice for Humanity: Renewable Transition or ‘Dystopian Future’ Pushed by Trump
An International Energy Agency report published Wednesday underscores that world leaders are at a crossroads and must decide…
Liberals want to ditch net zero but IEA report says it’s cheaper and cleaner
The International Energy Agency (IEA) didn’t deliberately time its annual flagship report to coincide with the great climate…
COP30: Countries Vow to Build a Market for Lower-Emission Natural Gas
The UK, Japan, Germany and other countries on Friday signed a declaration aimed at supporting a global market…
IEA: Renewables have cut fossil-fuel imports for more than 100 countries
More than 100 countries have cut their dependence on fossil-fuel imports and saved hundreds of billions of dollars…