Tag Archives: collapse

LNG producers write off $20bn

Posted on July 31, 2020 by groundswellbasscoast

Australias LNG sector has blown up more than 20bn in writedowns – Over $22bn has now been written off on projects run by Woodside Petroleum, Shell, Origin Energy & Oil Search so far in July — Read on http://www.theaustralian.com.au/business/mining-energy/lng-producers-write-off-20bn/news-story/d6c4ad5813e55a00eee36200883c0eef

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Solar Surge Is Making Coal Plants Unprofitable in Top Exporter

Posted on July 25, 2020 by groundswellbasscoast

Even the world’s top coal exporter is struggling to make money from burning the fuel. — Read on http://www.bloomberg.com/news/articles/2020-07-23/solar-surge-is-making-coal-plants-unprofitable-in-top-exporter

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