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Peter Milne

Peter Milne

Author at The Sydney Morning Herald Online at The Sydney Morning Herald Online

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Australia
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  • English
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    Recent Articles

    smh.com.au

    Fortescue dividend delivers for Forrest despite modest profit jump

    A month after shedding 700 workers, Fortescue has posted an annual profit of $8.4 billion supporting a $2.2 billion payout to the miner’s biggest shareholders Andrew and Nicola Forrest.
    smh.com.au

    Woodside upbeat on spending spree but lower prices sting revenue

    The oil giant’s revenue has taken a $2 billion hit after it produced less oil and gas and sold it for lower prices in the six months to June.
    smh.com.au

    Timor-Leste lays down ultimatum to Santos on gas project negotiations

    The company could lose control of its Bayu Undan project on Friday unless it agrees to give Dili a share of the project for free.
    smh.com.au

    ASX:STO Santos shares tumble despite record interim dividend

    The Adelaide-based company says key projects are on time and on budget, but there are longer-term concerns about production from its key PNG assets.
    smh.com.au

    Kimberley gas fracking plan will ‘sacrifice global icon’: green groups

    Green groups say US-run Black Mountain Energy’s plans to frack in the Kimberley will send gas and profit overseas while “laying waste” to WA’s environment.
    smh.com.au

    ‘A political mischief’: Forrest hits back at green hydrogen detractors

    Mining executive Andrew Forrest has denied he is abandoning his ambitions for green hydrogen, saying the fuel is imperative for combating climate change.
    smh.com.au

    Biggest climate revolt rocks Woodside as investors turn up heat on ...

    Australia’s largest oil and gas company has been hit with an unprecedented investor uprising demanding greater action on climate change.
    smh.com.au

    ‘Upfront, credible and honest’: Woodside boss spruiks climate plan ...

    Meg O’Neill says the energy major is working to reduce its emissions but warns it’s not going to be easy or cheap.
    smh.com.au

    Macquarie exits BP’s $55 billion WA green energy project

    Australia’s biggest renewable energy project in WA’s Pilbara region has lost the backing of “the millionaires factory” Macquarie Group.
    smh.com.au

    Worker escapes death in offshore construction mayhem

    As contractors for Santos and Woodside lay long-delayed gas pipelines for key gas export projects a disturbing number of serious safety incidents are occurring.
    smh.com.au

    BHP looks at cost cuts as nickel prices dive

    The miner may write down the value of its WA nickel business after the price of the steel-making ingredient plunged by almost a quarter over the past 12 months.
    smh.com.au

    Federal Court rejects Indigenous heritage claim against Santos gas ...

    Gas producer Santos is free to install a vital gas pipeline from its $5.5 billion Barossa gas pipeline after the Federal Court heavily criticised an expert witness and a lawyer acting for Tiwi Islanders.
    smh.com.au

    Mining billionaire Andrew Forrest steps up fight against big oil an...

    Mining billionaire Andrew Forrest has escalated his war against oil and gas producers, and Woodside in particular, taking to a helicopter off the remote WA coast to lambast its $18 billion Scarborough gas export project as a “carbon dioxide bomb”.
    smh.com.au

    Woodside and Santos in merger talks to form fossil fuel giant

    Australia’s two largest oil and gas companies are in talks to form a single $80 billion company focused on gas exports.
    smh.com.au

    Union calls for a united push to get behind WA’s energy transition ...

    Outspoken union boss Steve McCartney wants the WA government to get unions, business and the community behind the state’s energy transition much like it has for Collie’s move away from coal.
    smh.com.au

    MinRes chases Western Australian government favour to export gas

    Chris Ellison’s Mineral Resources wants a five-year exemption from a Western Australian ban on the export of onshore gas, arguing it would help shore up domestic supply in years to come.
    smh.com.au

    Court stalls Santos pipeline amid gas project dispute

    The Federal Court has extended a ban on Santos from laying a key gas pipeline, critical to its $6.7 billion Barossa gas project near the Tiwi Islands,
    smh.com.au

    World’s biggest carbon storage project off WA coast burying only a ...

    What was to be the showpiece of the emissions reduction Australia’s gas giants need at Chevron’s Gorgon project is at just one-third capacity after seven years.
    smh.com.au

    New Tiwi Islands push to halt Santos’ $5.7b Barossa gas project - S...

    The oil giant’s besieged gas project north of Darwin has struck another legal hurdle, with six Tiwi Island elders urging the government to stop the installation of a critical pipeline due to start within days.
    smh.com.au

    Traditional owners dispute Rio Tinto claim rock shelter OK after blast

    Rio Tinto boss Simon Trott told employees that the inside of the rock shelter was intact, but the body representing the traditional owners says they came to a different conclusion.
    smh.com.au

    Guy Debelle exits Fortescue as executive exodus gathers pace

    The former Reserve Bank deputy governor is the third senior executive this week to free themselves from the orbit of Andrew Forrest.