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Premier of Western Australia Roger Cook said the tax would be bad for WA.

Oil & GasCommentsPremiumIncreased gas export taxes not good for WA, Cook warns

Premier Roger Cook has warned against a 25 per cent tax on gas exports despite its ‘superficial’ appeal, saying he has told the Prime Minister it would be bad for WA.

Oliver Lane

A Labor backbencher is calling for a new tax to be imposed to boost revenue from gas exports. (Lukas Coch/AAP PHOTOS)

Oil & GasPremiumBackbencher break ranks with call for gas export tax

A backbench Labor MP has urged his parliamentary colleagues to impose a new tax on gas exports despite opposition from the sector.

Andrew Brown

Australians haven't received a fair share from the nation's gas resources, an inquiry will hear. (Lukas Coch/AAP PHOTOS)

EnergyCommentsPremium'Cornered rats': Former BP boss joins call for gas export tax

Gas companies' threats to ditch Australia and move elsewhere if a new tax is imposed ring hollow, a former executive of fossil fuel giant BP says.

Jacob Shteyman

Former WA opposition leader Mia Davies is now spokeswoman for the DomGas Alliance.

Oil & GasCommentsPremiumFight over Pluto domestic gas supply worth $3b

Manufacturers are renewing pressure on Woodside Energy and the State Government to ink a revised Pluto domestic gas deal, claiming the company has earned more than $3 billion through a special exemption.

Matt Mckenzie

The disconnect between what the market is signalling and what is actually happening is increasingly shaping the global economy.

MarketsCommentsPremiumWhat the market might have gotten wrong about the Iran war

The disconnect between what the market is signalling and what is actually happening is increasingly shaping the global economy.

Evan Halper

A blaze tore through the oil refinery in Corio, Geelong. Geelong TV for news.com.au

Oil & GasVideoCommentsPremiumPetrol output falls to 60 per cent after oil refinery blaze

Petrol supplies out of Viva Energy’s Geelong Refinery will be slashed up to 60 per cent over the short term, as it recovers from a huge fire on April 15.

Tom Richardson

Iranian Foreign Minister Abbas Araqchi declared the Strait of Hormuz "completely open" before his government reversed the decision.

Oil & GasPremiumOil and LNG prices to rally after Iranian u-turn

Numerous fuel tankers reversed course en route to the Strait of Hormuz after Iran warned ship captains that the vital channel is once again closed to maritime traffic.

Adrian Rauso and Stephen Stapczynski

A US waiver allowing nations to buy sanctioned Russian oil at sea ?has been extended until May 16. (AP PHOTO)

Oil & GasPremiumUS renews Russia oil waiver after pressure from nations

The US has extended its waiver on sanctioned Russian oil for another month in a bid to stabilise energy prices.

Timothy Gardner and Ismail Shakil

Westpac chief economist Luci Ellis

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EconomyCommentsPremium
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Westpac pours cold water on IMF’s ‘unhelpful’ recession talk

A big four bank economist has hit out at “unhelpful” recession talk sparked by the International Monetary Fund’s worst-case forecast for the Middle East conflict.

Matt Mckenzie

Last month WA Premier Roger Cook said fuel rationing would be left to the final stage. But the plan warns levels three and four could change if needed.

opinion
opinion
Editorial VideoCommentsPremium
opinion
Cook warning adds to gloom over fuel and rates fears

The blaze at Viva Energy’s Corio oil refinery in Victoria has added to fears that WA’s hopes of avoiding tougher fuel security measures — and perhaps fuel restrictions — may well have gone up in smoke too.

Santos boss Kevin Gallagher at the Australian Energy Producers conference in Brisbane last year. Oneill Photographics

EnergyCommentsPremiumSantos chief in no rush for the exit after failed takeover

Santos chief executive Kevin Gallagher has sidestepped mounting speculation he will soon announce his departure date, suggesting he plans to steer the oil and gas giant for some time yet.

Rebecca Le May

Various gasoline petrol diesel pumps on a gas station. Fuel nozzles oil dispensers. Fuel prices concept

WA NewsCommentsDiesel finally drops as Perth fuel prices tumble this week

In a rare switch up, the average diesel price will drop by more than the price for unleaded petrol. 

Fraser Williams

President Donald Trump.

CNBC newsCommentsPremiumWatchdog zeros in on suspicious oil trades before Trump post

The probe is zeroing in on at least two instances over a roughly two-week period when trading volumes jumped sharply just ahead of key White House news.

Yun Li

The fire has been extinguished and is not being treated as suspicious.

AviationCommentsPremiumOil refinery inferno dents Australian aviation fuels supply

A fire at the only oil refinery in Australia that produces jet fuel is not expected to materially affect major airlines, but the smaller end of aviation may face supply problems.

Rebecca Le May

The fire at the Geelong oil refinery.

EnergyVideoCommentsRefinery fire could trigger stage three petrol restrictions

Analysts warned the limited details about the blaze could create a supply shortfall of diesel and unleaded petrol that could push prices higher.

Tom Richardson

Dampier Port. Peter de Kruijff

The West Australian exclusive
The West Australian exclusive
EnergyVideoCommentsPremium
The West Australian exclusive
WA fuel line damage adds to Viva’s refinery blaze woes

The owner of a critical Australian oil refinery early on Thursday is also scrambling to fix a damaged refuelling line at a key WA iron ore and LNG port. 

Adrian Rauso

One of Australia's largest oil refinery has gone up in flames.

EnergyVideoCommentsPremiumViva CEO says fuel imports can offset local production blow

Viva Energy Australia’s chief executive says production is no longer a priority after an enormous blaze hits Australia’s most critical oil refinery amid the global fuel crisis.

Tom Richardson

Inferno erupts in Vic.

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EnergyVideoComments
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No foul play as equipment failure causes refinery blaze

Energy Minister Chris Bowen has confirmed petrol production has been affected after a blaze tore through one of Australia’s only remaining oil refineries.

Madeline Cove

Like Qantas, Virgin said it would need to offset the ‘significant’ cost burden by hiking fares and cutting services.

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AviationVideoCommentsPremium
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Virgin follows Qantas with flight cuts after hiking fares

Virgin Australia has followed rival Qantas and will start cutting flights as it battles to keep a lid on rising jet fuel costs amid a seesawing oil market roiled by war in the Middle East.

Daniel Newell

BP boss Meg O'Neill.

Oil & GasCommentsPremiumBP flags exceptional oil trading gain as energy prices soar

Meg O’Neill led-BP signalled its traders, who deal energy from its operations and third parties around the world, were able to profit from the volatility and price surges caused by the war.

Mitchell Ferman

The national carrier said affected customers were being contacted directly with offers of alternative flights or a refund if they no longer wished to travel.

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AviationVideoCommentsPremium
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WA hot spot flights suspended amid Qantas fuel shock

Jetstar has suspended Sydney to Busselton flights as part of a domestic capacity reduction by Qantas, as it moves to protect profits dented by rocketing fuel prices.

Rebecca Le May and Daniel Newell

A navy vessel is seen sailing in the Strait of Hormuz, a vital waterway through which much of the world’s oil and gas passes on March 1, 2026.

EnergyVideoCommentsPremiumWhat an Iran blockade will look like and how it will be done

The move comes as Iran has blockaded the Strait of Hormuz for weeks during the US-Israeli war with the country, a bottleneck that roiled global markets and strained the economy.

Garrett Downs

Demand for Australian LNG exports is likely on the wane, Climate Resource modelling shows. (Lukas Coch/AAP PHOTOS)

EnergyCommentsPremiumWarning that Australia's existing LNG contracts might be the last

In a decarbonising world, Australian LNG exports are likely to be the first on the chopping block for customers with their own cheaper domestic gas supplies.

Poppy Johnston

Prime Minister Anthony Albanese has declared his second trip to Asia in a week to secure fuel supplies for Australia is ‘very significant’ but has sidestepped questions about what deals he hopes to clinch from the leaders of Brunei and Malaysia. 

Federal PoliticsCommentsPM in second Asia fuel run as pressure builds on diesel

The Prime Minister will visit Asia again to secure fuel supplies as pressure builds on Australia’s diesel reserves.

Andrew Greene