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It’s time to end offshore gas exploration licenses for good

By API User

TUESDAY 23 JULY 2024FOR IMMEDIATE RELEASE Responding to today’s release of exploration licences for gas off the coast of Victoria and Western Australia, Climate Council Head of Policy and Advocacy Dr Jennifer Rayner said: “Gas exploration has to stop because the extraction and burning of this expensive and polluting fossil fuel has to stop. More … Continued

The central role of energy storage in our renewable energy future

By API User

As the impacts of climate change intensify globally and emission reduction deadlines loom, Australia must prioritise its power supply.   The 2019-2020 Australian bushfires, which triggered widespread blackouts nationwide, underscore the urgent need for power resilience. These events highlighted the critical necessity for reliable energy sources and robust energy storage solutions for businesses and communities … Continued

SLB Announces Second-Quarter 2024 Results

By API User

Revenue of $9.14 billion increased 5% sequentially and 13% year on year GAAP EPS of $0.77 increased 4% sequentially and 7% year on year EPS, excluding charges and credits, of $0.85 increased 13% sequentially and 18% year on year Net income attributable to SLB of $1.11 billion increased 4% sequentially and 8% year on year … Continued

Retrofitting low-income homes a $17bn boon

By API User

Friday, 19 July 2024 Australia’s economy would be up to $17 billion bigger with an accelerated rollout of thermal efficiency upgrades, electrification and rooftop solar to low-income housing, according to a new Deloitte Access Economics report. ACOSS and the State and Territory Councils of Social Service (the COSS Network) have used the Deloitte report to call … Continued