Victorian and federal Labor governments greenlight Otway basin drilling project with potential to supply one-third of state’s gasFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcasA new gas drilling project approved for Victoria’s Otway basin will make “the path to a safe climate harder” and put a “pristine ocean environment” at risk, environment groups have warned.The federal and Victorian governments on Thursday announced they had greenlit the production licence for Amplitude Energy’s Annie gasfield project in the Otway basin, which expects to start producing gas by 2028. Continue reading...
WORLD
Shell tops profit estimates as Iran war boosts oil price, cuts share buybacks
Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.
CNBC·5h ago



