Australia

Underreported methane emissions from Australian mines could increase steelmakers’ carbon footprint by up to 15%, according to new analysis highlighting major gaps in global supply chains.
A prudent limit of 1,460 GtCO2 for geologic storage reshapes the split between industrial abatement and net removals, with oil-scale injection needs and an onshore/offshore distribution that will define logistics, costs and liabilities.

ACEN Australia’s 900 MW wind project secures federal approval

With an AUD$3 billion investment, ACEN launches one of Tasmania’s largest private projects, aiming for commissioning in 2030 and annual supply for 500,000 households.
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Green Wind Renewables is developing a 450 MW wind farm in the Wheatbelt region of Australia, with up to 75 turbines and an estimated annual output of 1.5 TWh.
Australian Oilseeds Holdings was granted a deadline extension until 30 September to comply with the Nasdaq’s equity requirements, avoiding immediate delisting from the exchange.

Piedmont Lithium and Sayona complete merger to create Elevra Lithium

Piedmont Lithium has completed its merger with Sayona Mining, giving birth to Elevra Lithium, a new mining group focused on hard-rock lithium with an expanded presence in North America and Australia.
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Hokkaido Gas is adjusting its liquefied natural gas procurement strategy with a multi-year tender and a long-term agreement, leveraging Ishikari’s capacity and price references used in the Asian market. —
CATL unveiled in São Paulo its new 9MWh TENER Stack system, designed for the South American market, responding to rising demand for energy storage driven by the growth of renewable energy.

Nano Nuclear partners with Dioxitek to strengthen Argentina’s nuclear supply chain

Nano Nuclear Energy has signed a memorandum of understanding with Dioxitek, Argentina’s only uranium supplier for nuclear fuel, to assess the development of local conversion and enrichment capacities.
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Stockholm plans to restart uranium extraction by lifting the 2018 ban, aiming to secure strategic supply chains and support domestic nuclear electricity production.
India’s coking coal imports are rising and increasingly split between the United States and Russia, while Australian producers redirect volumes to China; 2025 results confirm a shift in trade flows.

Air Liquide acquires South Korean DIG Airgas for €2.85 billion

French group Air Liquide strengthens its presence in Asia with the acquisition of South Korean DIG Airgas, a key player in industrial gases, in a strategic €2.85 billion deal.
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Australian distributor OSW secures strategic funding to accelerate U.S. growth and deploy its digital solar project management platform.
Photon Energy Group reports quarterly revenue growth driven by solar technology trading, while profitability falls due to a weaker capacity market.

Peabody cancels its $3.78 billion bid for Anglo’s coal mines

Peabody Energy abandons the acquisition of Anglo American’s Australian coal assets, triggering an arbitration process following the failure of a post-incident agreement at the Moranbah North mine.
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YPF transfers management of seven conventional zones to Terra Ignis, marking a key step in its strategy to refocus on higher-value projects.
Ingeteam partners with JinkoSolar and ACLE Services to equip seven sites in Australia, representing a total capacity of 35 MW and 70 MWh of energy storage.

Ampol’s Half-Year Profit Drops 23% but Exceeds Market Expectations

Australian fuel distributor Ampol reports a 23% drop in net profit, impacted by weak refining margins and operational disruptions, while surpassing market forecasts.
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A New York appeals court has temporarily frozen the enforcement of a ruling ordering Argentina to transfer 51% of YPF’s capital, pending review of the appeal filed by Buenos Aires.
With a new $800 million investment agreement, Tsingshan expands the Manhize steel plant and generates an energy demand of more than 500 MW, forcing Zimbabwe to accelerate its electricity strategy.
The EU-Mercosur agreement promises strategic access to critical resources for green energy. However, it raises concerns about deforestation and pressures on biodiversity, potentially compromising Europe’s climate commitments.
Argentina plans an auction to increase gas transportation capacity from Vaca Muerta. This $700 million project aims to reduce costly energy imports during winter.

Qatar Signs Agreement to Deliver 3 Million Tons of Liquefied Natural Gas to China

Qatar will supply China with 3 million tons of liquefied natural gas annually starting in 2025, under a long-term agreement with Shell, reinforcing its position in the Asian and global LNG market.
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As part of the Capacity Investment Scheme, Australia aims for 6 GW of new renewable energy capacity to accelerate its energy transition and meet the growing demands of the national electricity market.
Vaca Muerta: A Record Leap Towards 1 Million Barrels Per Day by 2030

Brazil Accelerates Import of Argentinian Gas Through Strategic Agreements

Brazil turns to Argentina to diversify its energy sources. A new transit agreement with Bolivia paves the way for gas imports from the Vaca Muerta basin, strengthening the country’s energy security.
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Australia must cut 15 megatons of its annual emissions to achieve its 43% reduction target by 2030. Investment mechanisms and carbon credits will play a key role in this ambitious effort.
Following an unexpected outage due to a control system issue, Woodside Energy's Pluto LNG site is preparing for a safe resumption of operations, while the neighboring Karratha Gas Plant continues normal activities.

Hartshead Resources explores a new route for its North Sea gas fields

The Australian company Hartshead Resources plans to revise its development plan for the Anning and Somerville gas fields, with an alternative export route now available under new UK fiscal terms.
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The French renewable energy producer Neoen adjusts its 2024 adjusted EBITDA forecast downward, as a result of delaying a key asset sale in Australia to 2025.
Namibia's booming oil sector, bolstered by significant discoveries, could welcome Woodside Energy, which holds an option to engage in the offshore permit PEL 87 by May 2025.

Australia Introduces Bill to Boost Renewable Hydrogen Production

Australia unveils a $1.30/kg tax credit for renewable hydrogen to attract private investment and accelerate the transition to a carbon-neutral economy.
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The British mining giant Anglo American sells its steelmaking coal mines in Australia to Peabody Energy for $3.775 billion, marking its strategic withdrawal from this sector.
Pemex’s 2025 budget, reduced by 7.5%, jeopardizes its production targets and increases Mexico’s risk of crude oil imports due to insufficient investments in oil resource exploitation.

Western Australia accelerates its CCUS plan with a $16.9 million grant

Western Australia unveils an ambitious action plan for carbon capture, storage, and utilization (CCUS), supported by $16.9 million in funding, aiming to achieve carbon neutrality while boosting its economy.
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Vaca Muerta, one of the world’s largest shale gas reserves, places Argentina at a major strategic crossroads. Yet, with limited infrastructure, economic challenges, and energy diplomacy complexities, its export ambitions face significant hurdles.
At COP29 in Baku, 25 nations, including the United Kingdom and Australia, pledged to stop building coal power plants. This initiative aims to curb global warming despite a 2% increase in global coal capacity in 2023.

Petrobras explores opportunities in the Argentine oil and gas sector

The Brazilian oil giant Petrobras is considering a return to Argentina, drawn by the potential of Vaca Muerta and a new energy cooperation agreement between the two nations.
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As the UK’s oil and gas decommissioning expenses reach record levels, the industry struggles to meet its obligations, raising concerns about the viability of the energy transition.
The Australian energy giant Santos announces major production growth, supported by key projects and carbon storage initiatives, strengthening its position in the Asian liquefied natural gas (LNG) market.