Australia Pacific LNG seeks massive expansion of polluting gas drilling

16 April 2021 Scientists have been clear that meeting the Paris Agreement’s climate goals means no expansion of the polluting gas industry.[1] Yet one of Australia’s largest and most polluting gas export projects, Australia Pacific LNG (APLNG), is seeking approval to drill up to 7,700 new gas wells across central … Read More

13% of Santos shareholders demand oil and gas wind up plan

15 April 2021 At today’s Santos annual general meeting, 13% of the company’s shareholders voted against the company’s management and for a Market Forces-coordinated shareholder resolution calling on the company to wind up oil and gas production in line with the climate goals of the Paris Agreement. Speaking after the … Read More

94% of Beach Energy investors reject capital protection

Beach Energy field

25 November 2020 5.4% of shareholders today formally called on Australian-focused gas and oil company Beach Energy to wind up its fossil fuel production in line with the goals of the Paris Agreement by voting in favour of a resolution put forward by more than 100 shareholders, supported by Market … Read More

Horizon Oil challenged over sustainability

Horizon Oil's offshore operations in NZ

20 November 2020 Horizon Oil was questioned over the company’s sustainability in the face a Paris-aligned energy transition at its annual general meeting today. Horizon owns oil and gas exploration, development and production assets in China and New Zealand, having recently sold its beleaguered Papua New Guinea assets. The company … Read More

Senex Energy indulging in wishful thinking

Senex Energy

19 November 2020 At its annual general meeting today, Australian gas producer Senex Energy reiterated its plans for a five-fold increase in production over the next 5 years. These plans are in stark contrast to the declines in gas use required to avoid the worst impacts of climate change, and … Read More

AustralianSuper’s new climate policy fails to raise the bar

17 November 2020 AustralianSuper’s new climate change policy has failed to even match, let alone improve on, the standard set by some of its big industry fund peers, disappointing members who were hoping to see the nation’s largest super fund take the lead on climate action. While there are some … Read More

Central Petroleum fails to back up climate risk claims

10 November 2020 With major investment decisions on new gas projects expected in the next two years, shareholders attending Central’s annual general meeting today wanted to know if the company is manging the risk that its gas projects will be left stranded by the transition to a low-carbon economy. Leading … Read More

Worley stops short of 1.5°C assessment

26 October 2020 At its annual general meeting last Friday, Worley was a pains to stress the company’s support for a low-carbon energy transition. This is consistent with recent developments at the company, which has historically provided integral engineering services to facilitate the expansion of the oil and gas sector. … Read More