Australiaoil-and-gas

Treasurer Jim Chalmers seeks "essential" new emergency powers for the ACCC to combat a global oil shock.

The Albanese government announced a landmark $10.7 billion Australian Fuel Security and Resilience package.

Santos (ASX:STO) CEO Kevin Gallagher warns that gas tax proposals have caused "reputational damage" to Australia’s energy investment climate.

ASX-listed Woodside Energy (ASX:WDS) reported an 8% production dip due to Cyclone Narelle.

Karoon Energy (ASX: KAR) released its 1Q26 report today, outlining a quarter marked by maintenance and remediation activities in the U.S. and Brazil alongside a 16% increase in realised oil prices.

Woodside Energy's (ASX:WDS) CEO, Liz Westcott, underscored the critical tension between global energy security and the transition to a low-carbon future.

Omega Oil & Gas (ASX:OMA) has capitalised on "strong institutional demand" to raise $60 million.

Ampol (ASX:ALD) has lodged a final remedy offer with the ACCC to secure its $1.1 billion acquisition of EG Australia.

Santos (ASX:STO) recorded quarterly production of 22.5 mmboe, representing a 1% increase over the previous quarter and a 3% rise a year earlier.

The Australian Government has confirmed the procurement of an additional 200 million litres of diesel fuel from international markets.