Search results for: Origin Energy

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  • 1 May 2017

    Origin Energy on Monday said Teresa Engelhard has joined the company’s board as an independent non-executive director.

  • 8 February 2018

    Australia’s Origin Energy, the owner of a 37.5 percent stake in the Australia Pacific LNG project, expects to book a post-tax impairment charge of A$533 million ($416.4 million) for its half-year results. The aggregate charge includes a non-cash writedown of A$360 million for the company’s Ironbark gas field, due to a downgrade in Ironbark reserves and […]

  • 31 January 2020

    Australia’s top power and gas retailer, Origin Energy, reported mixed results for the Australia Pacific LNG quarterly revenue.

  • 2 December 2016

    Origin Energy, that owns a 37.5 percent stake in the Australia Pacific LNG project, made a number of changes to the membership and structure of its leadership team.

  • 9 September 2016

    Origin Energy’s managing director and CEO Grant King said he is about to step down from the position and retire from the company with effect from October 19, 2016.

  • 20 May 2016

    Origin Energy, that holds a 37.5 pct stake in the Australia Pacific LNG project, said it had entered into a deal with SEA Gas (Mortlake) Partnership for the sale of Mortlake pipeline for about A$245 million (US$177m). Mortlake pipeline, which is currently operated by a related party of SEA Gas Mortlake, supplies gas to Origin’s […]

  • 18 February 2016

    Origin Energy of Australia reported a first-half loss of $254 million, as compared to a net loss of $25 million a year ago.

  • 31 January 2018

    Sydney-based Origin Energy, the holder of a 37.5 percent stake in the Australia Pacific LNG project, has completed the A$1.59 billion ($1.24 billion) sale of its conventional upstream oil and gas business, Lattice Energy, to Beach Energy. To remind, the deal was announced back in September 2017. “After adjusting for settlement of the acquisition by Lattice Energy […]

  • 16 August 2017

    Australia’s Origin Energy reported a $2.2 billion loss for its full year 2017, driven by write-downs totalling $3.1 billion.

  • 13 October 2016

    Australia’s Origin Energy that owns a 37.5 percent stake in the Australia Pacific LNG project, extended the A$4.5 billion bank debt facilities maturing in December 2018 to October 2021.

  • 31 January 2018

    Australia’s Origin Energy on Wednesday reported a 26 percent increase in second-quarter revenue, on the back of higher Australia Pacific LNG output and higher realized prices. The Sydney-based company said its revenue for the December quarter rose to A$686.3 million from A$544.3 million a year earlier. Second-quarter sales climbed 8 percent to 88.9 petajoule equivalent (PJe), with […]

  • 31 October 2019

    Australia’s top power and gas retailer, Origin Energy, reported a jump in Australia Pacific LNG quarterly revenue driven by higher effective Australian dollar oil prices and increased LNG volumes. 

  • 31 January 2019

    Australia’s top power and gas retailer, Origin Energy, reported a jump in its share of Australia Pacific LNG revenue during the quarter ending December 31, 2018. 

  • 22 December 2015

    Origin Energy said it is forward selling its LNG cargoes at a fixed price and buying put options on oil for the 2017 financial year in order to reduce its exposure to low oil prices.

  • 1 March 2016

    Origin Energy of Australia said Tuesday it has signed a non-binding heads of agreement with a unit of China’s privately-owned ENN Energy for the supply of 500,000 tonnes of LNG per year for a period of five years.

  • 3 March 2016

    Origin Energy, the owner of a 37.5 percent stake in the Australia Pacific LNG said on Thursday the project has transitioned to the operating phase.

  • 21 December 2016
    Project & Tenders

    Origin Energy, the owner of a 37.5 percent stake in the Australia Pacific LNG project, has agreed to deliver LNG to ENN of China.

  • 9 September 2016
    Business & Finance

    Australia’s Origin Energy has named Frank Calabria, currently CEO of Origin’s Energy Markets Business, as the next Managing Director and CEO of Origin Energy. Origin said on Friday that his appointment will take effect following Origin’s Annual General Meeting on October 19, 2016. The current CEO, Grant King, has set his retirement for the end […]

  • 30 April 2018

    Australia’s top power and gas retailer, Origin Energy on Monday said that its stake in the Australia Pacific LNG project (APLNG) recorded a 14 percent rise in production revenue for the financial year-to-date. Origin’s share of Australia Pacific LNG production for the financial year-to-date was 189.6 PJe, reflecting production from two trains for the period to […]

  • 6 December 2016

    Australia’s Origin Energy is going to divest its upstream business to focus on its Energy Markets and Integrated gas businesses. The company on Tuesday said it would load off its conventional upstream business, serving Australia and New Zealand, via an Initial Public Offering (IPO). According to Origin, the new company (‘NewCo’) will be a mid-cap upstream […]

  • 1 May 2017

    Australia’s Origin Energy reported a rise in revenue in the quarter ended March 31, 2017, on increased production and higher average realized price.

  • 29 April 2016

    Origin Energy, one of the partners in the ConocoPhilips-operated Australia Pacific LNG project on Curtis Island near Gladstone said the projects has shipped 15 cargoes of LNG since January.