Beach Energy buys Origin's gas and oil business

Beach Energy has agreed to buy Origin Energy’s conventional oil and gas exploration business Lattice Energy for $1.585 billion, in a move the Adelaide company says will be “transformational”.

Councils hit with power spike, despite collective deal

Council electricity costs will blow out by an average of 17 per cent – and as much as 70 per cent in some areas – despite the Local Government Association insisting it secured the “best possible price” in its new supply deal, InDaily can reveal.

"Market power abuse" claims in SA electricity price crisis

A new report into South Australia’s electricity market has accused major energy companies of exploiting low competition to make millions of dollars in extra income during the state’s power price crisis.

Santos shares down as oil and gas hit 12-year low

Adelaide-based Santos is among Australian oil and gas producers under pressure as oil prices hit fresh 12-year lows overnight.