The Latest Breaking News from Origin

The Russian stock market surges after being closed for a month, and the ASX climbs on higher iron ore prices and a rise on Wall Street.

The Australian government's decision to sanction a Russian billionaire has revealed an unexpected link between the war in Ukraine and the remote Northern Territory.

Australia imposed sanctions on Friday on two Russian oligarchs with links to its mining industry, one of them a billionaire with an investment connection to Rio Tinto's Gladstone alumina refinery joint venture.

Ethical investors are calling on Rio Tinto, Origin Energy and other entities to join the list of Australian comnpanies divesting from Russia.

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Ukraine invasion prompts calls for Australian companies to ensure resources profits do not end up with Putin-linked investors

Good morning, early birds. A fifth of Australia’s biggest coal, gas, and oil facilities emit more greenhouse gases than originally estimated, and Russia has now moved nearly 100% of troops into position for invasion according to the US. It’s the news you need to know, with Emma Elsworthy.

Eraring, the country’s largest coal-fired power station, will shut in three years, but transition plans for employees, communities – and the grid – are lacking

Origin Energy's plans to close the country's largest coal fired generator in 2025 will push power prices much higher if government don't act quickly

The early closure of Eraring power station — announced by Origin without consulting the supposed federal energy minister — will mean longer lives for hundreds of people in Sydney and the Hunter Valley.

Energy experts have hosed down concerns the early closure of Eraring coal-fired power station near Newcastle could spark electricity price spikes and throw the security of the grid into peril.