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Revised CKI bid for APA may get green light after knockback

Revised CKI bid for APA may get green light after knockback

Some observers believe a revised CKI bid that involved teaming up with a non-Chinese partner or selling more pipeline assets could get the $13 billion deal over the line.

  • by Cole Latimer

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Ian switched retailers to cut his power bill, then it soared 55 per cent
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Ian switched retailers to cut his power bill, then it soared 55 per cent

Ian switched energy retailers in July after realising he could save around 35 per cent on his power bills. But three months into his new contract, those rates rose by 55 per cent.

  • by Debbie Cuthbertson
APA loses $1b in market value after government blocks takeover deal
APA Group

APA loses $1b in market value after government blocks takeover deal

Investors have dumped shares in Australian gas pipeliner APA after the FIRB rejected a $13 billion takeover of the company overnight.

  • by Cole Latimer
'Elephant in room': Power retailers unable to talk prices at summit
Electricity

'Elephant in room': Power retailers unable to talk prices at summit

Energy retailers gathered by the government to work out how to reduce power bills were unable to discuss lowering prices for fear it was considered collusion.

  • by Cole Latimer
Australia set to be a leader in $850 billion battery industry
Electricity

Australia set to be a leader in $850 billion battery industry

Australia is forecast to be a global leader in a battery storage technology boom.

  • by Cole Latimer
Former official criticises Angus Taylor over 'extraordinary' coal protection measure
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Former official criticises Angus Taylor over 'extraordinary' coal protection measure

The criticism comes ahead of a much-anticipated meeting between Mr Taylor and electricity retailers in Sydney on Wednesday.

  • by Nicole Hasham & Cole Latimer
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Shell and Origin pipeline deal to bring more gas to the east coast
Gas

Shell and Origin pipeline deal to bring more gas to the east coast

More gas is slated for the east coast as an agreement between Shell and Origin's subsidiaries will open up new supplies from a Queensland gas field by 2024.

  • by Cole Latimer
'We're just not there': Batteries not ready to replace fossil fuels, says lithium miner
Electricity

'We're just not there': Batteries not ready to replace fossil fuels, says lithium miner

A battery material miner headed by global energy experts says the world is still a decade away from large batteries and renewables replacing baseload power.

  • by Cole Latimer
Former UN climate chief says world doesn't need Australia's 'toxic' coal
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Former UN climate chief says world doesn't need Australia's 'toxic' coal

Former UN climate chief Christiana Figueres has blasted BHP for its commitment to continue mining coal.

  • by Nicole Hasham
Greens seek to shame Labor by vowing to restore carbon tax
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Electricity

Greens seek to shame Labor by vowing to restore carbon tax

Battle looms over rival emission reduction schemes.

  • by David Crowe
Sydney to see small power bill relief ahead but country NSW still feels pressure
Electricity

Sydney to see small power bill relief ahead but country NSW still feels pressure

The energy regulator’s decision on the revenues that poles and wires companies can collect will see household power bills drop for Sydney but the rest of the state, especially country NSW, will see an increase in costs.

  • by Cole Latimer