The Latest Breaking News from Origin Energy

Origin Energy fields $18.4b takeover bid

Origin Energy shares have soared by a third after its board said it would recommend a $9-per-share takeover offer from Brookfield Asset Management.

AAP · Nov 10, 2022

Major sponsors stick with Netball Australia despite Hancock Prospecting pulling out of $15m deal

Companies, including Suncorp, HCF and Origin Energy, say they will continue to financially support the code

The Guardian - AU · Oct 24, 2022

Origin Energy upgrades outlook on gas gain

Origin Energy has upgraded its outlook as gas earnings surge amid the global supply shock, with Australian power bills set to rise into 2024.

AAP · Oct 19, 2022

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 · Sep 20, 2022

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 · Sep 20, 2022

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 · Sep 19, 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

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 · Sep 8, 2022