Queensland marked 10 years as an liquid natural gas (LNG) exporter in January 2025 and has emerged as a key supplier of LNG, primarily to China. Besides boosting Australia’s energy trade with Asia’s largest economy, the industry has left a legacy of higher domestic gas prices, weaker domestic gas demand, lower than expected state royalty...

Eastern Australia’s gas market is undergoing a technological change with lower operating cost energy alternatives available for customers in manufacturing, electricity and the residential gas markets. The rate of adoption of these technologies will determine the scale of the substitution of gas, and there is a risk that the decline in gas demand may accelerate.

In 2021, Australian gas producer Santos unveiled ambitious plans to turn the near depleted Bayu-Undan gas field in the Timor Sea into a carbon capture and storage (CCS) facility. In the three years since, Santos has yet to disclose the costs or provide technical details on the world’s largest CCS venture proposal. The project also...

Despite the billions spent and pledged on the Beetaloo Basin’s shale gas reserves, it could prove to be a massive sinkhole for investors’ and taxpayers’ cash, according to this report by the Institute for Energy Economics and Financial Analysis (IEEFA).

One year after the Federal Court halted development on Santos’ A$5.6 billion Barossa gas project offshore the Northern Territory, the company is sticking resolutely to production targets that look increasingly unrealistic by the day, according to this IEEFA report.