Commentary If there is one sin worse today than producing fossil fuels, it is making money while doing it. The Australian energy industry is looking on with apprehension at repeated calls for so-called “windfall profit taxes.” There is no predicting the current government, which has shown zero circumspection against interference in energy markets at any…
Windfall Taxes Just Add More Problems to the Energy Crisis
March 12, 2023
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Artist Who Defaced Painting Says Police Raided Her Home
An artist who admitted to defacing one of Australia’s most famous paintings in a gas company protest says police have raided her home in a “massive over-reach”. Joana Partyka was convicted in the Perth Magistrates Court earlier this month after pleading guilty to criminal damage after she spray-painted a Woodside Energy logo onto Frederick McCubbin’s work Down…
Woodside Energy Denies Withholding Gas Supply Amid Complaints From Consumer Groups and Politicians
Australian leading oil and gas producer Woodside has said the company is not withholding gas supply from the market amid accusations from consumer groups and politicians. In an interview with ABC radio, Woodside executive vice president Mark Abbottsford dismissed the idea that his company is holding back supply from the market. “We don’t have any available…
Australia Government Invites East Timorese President After Diplomatic Stoush
The East Timorese President Jose Ramos-Horta has arrived in Australia as an official guest of the Albanese government after a diplomatic stoush over a deadlock between the East Timorese government and the Australian energy producer Woodside over the Greater Sunrise gas fields. The fields are located approximately 450 kilometres (280 miles) northwest of Darwin and…
Australian Oil Producer Woodside to Complete Major $41 Billion Merger
A merger between two of Australia’s largest oil and gas producers is expected to be complete by May 19. At the annual general meeting, Woodside will ask its shareholders to give the green light to the $41 billion (US$28.5 billion) all-stock merger with the petroleum business of BHP, a giant in the mining and metal…
Woodside Withdraws from Myanmar on Human Rights Grounds
Woodside, Australia’s largest independent oil and gas company, is ceasing its operations in Myanmar, reasoning that development is out of the question due to human rights abuses committed by the junta. Almost a year into the military coup that has resulted in the deaths of approximately 1,500 civilians, global oil companies Total and Chevron announced…
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