The Latest Breaking News from Frank Calabria

Energy users and ex-ACCC boss praise government for staring down ‘bullies of the gas industry’

Industry argues capping gas at $12 a gigajoule risks future investment but experts say price is top end of range forecast before invasion of Ukraine

The Guardian - AU · Dec 12, 2022

Transition crunch:Origin chief hints Eraring may not close in 2025

The head of Origin Energy has given the strongest indication yet that Eraring Power Station may not close in 2025.

Newcastle Herald · Nov 24, 2022

Global shocks likely to drive more frequent interest rate changes, RBA says

Central banks will need to adjust rates more often to respond to unpredictable levels of inflation, Philip Lowe says

The Guardian - AU · Nov 22, 2022

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 · Sep 19, 2022

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 · Sep 19, 2022

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 · Sep 19, 2022

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 · Aug 26, 2022

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 · Aug 17, 2022

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 · Jul 29, 2022

Switching off: Inside Eraring power station as staff come to terms with its closure

Shock, denial, stress, anger. Workers are struggling to comprehend the early closure of Australia’s largest coal-fired power station and the plan for what comes next.

ABC News · Apr 2, 2022