Today ANZ announced that it will no longer provide direct project finance to pipelines dedicated to new oil and gas fields. The new policy brings ANZ into line with CommBank, NAB and Westpac, which all have restrictions on finance for pipelines built for new oil and...
gas
‘Gas or starvation’: APA Group’s $7 billion Beetaloo pipeline gamble questioned by shareholders
Shareholders challenged APA over its proposed Beetaloo gas pipeline, uncertain LNG demand and climate risks, as the company's CEO pointed to an ANZ banker in the audience as a sign of lender support. APA Group's chairman has defended the company's proposed...
Investors and Economists challenge APA Group over $7 billion gas pipeline
Thursday 22 October: Economists and investors are sounding the alarm over plans by APA Group, to push ahead with one of Australia’s biggest ever gas pipelines enabling fracking in the Beetaloo Basin, Northern Territory. Australian economists Nicki Hutley, Richard...
Macquarie’s huge LNG export gamble puts more than investors at risk
By Morgan Pickett, Senior Policy Analyst, Market Forces, a clean energy finance advocacy organisation. Macquarie Group began life in Sydney in 1969 with just three employees. Today, Macquarie is one of Australia’s most powerful financial institutions, operating across...
計29の金融機関がトタルエナジーズによるパプアLNG事業から撤退
CELCORMarket ForcesJubilee Australia Research CenterAsian Peoples’ Movement on Debt and DevelopmentJACSESReclaim Finance 2026年2月10日...
Almost 30 banks turn their back on TotalEnergies’ Papua LNG project
Tuesday 10 February 2026 Twelve more financial institutions have said they will not finance TotalEnergies’ proposed Papua LNG project [1], following a formal complaint made to the banking industry risk standards body, the Equator Principles, concerning the risks to...
Top Australian super funds invest $33 billion in fossil fuel expansion
New Market Forces analysis finds that Australia’s top 30 superannuation funds have more than $33 billion invested in companies expanding fossil fuels globally, in their default or largest investment options, based on latest disclosures. The research shows that these...
Climate-related shareholder proposals have achieved results.
By Sachiko Suzuki, Asia Climate and Energy Analyst, Market Forces. Cover image: LNG-related facilities in which Japan’s INPEX and JERA have stake, are concentrated in Darwin, Australia. (Image credit: Paula Martinez / Market Forces) According to the Japan...
Scientists, Health Experts, Securityholders and NT communities put APA on notice over Beetaloo gas expansion
At APA Group’s 2025 Annual Meeting in Sydney, community leaders from the Northern Territory, climate scientists, doctors, and securityholders united to deliver one message the board could not ignore: You can’t claim climate action or Paris-alignment while building...
Macquarie closes third dirty fracking deal in less than a year
Macquarie is a critical financial backer of what could be Australia’s next biggest gas development in the heart of Australia’s Northern Territory, the Beetaloo Basin. This directly contradicts the bank’s green credentials and violates its commitments to the goals of...