Filings on Friday show Mr Gallagher sold 830,132 shares on-market at an average of $6.77 apiece on February 27, “primarily to fund pending personal tax obligations”.
Sean Smith
Petrol will be as expensive as $2.50 a litre in Perth on Saturday, with five of the major fuel retailers pushing up their prices amid escalating tensions in the Middle East.
Cheyanne Enciso and Stephen Johnson
A former head of the Australian Competition and Consumer Commission is warning of petrol rationing should the Iran war continue.
Stephen Johnson
WA’s regional electricity provider Horizon Power has inked a new natural gas supply deal with energy major Chevron.
Simone Grogan
War in the Middle East could drive energy prices towards record highs, but a failure to fix gas taxes means Australians will miss out on their share of profits.
Jacob Shteyman
Airlines and other large fuel buyers have been loading up on oil derivatives contracts in recent days to keep their bills from spiralling as the US-Iran war pushes prices to multi-year highs.
Mia Gindis
The Treasurer says motorists shouldn’t be taken for mugs by fuel companies introducing “unwarranted” hikes at the bowser.
Blair Jackson
The US Navy could begin escorting oil tankers through the Strait of Hormuz if necessary as Donald Trump aims to stabilise oil markets amid Middle East conflict.
Jarrett Renshaw and Timothy Gardner
Perth drivers are set to be punished at the bowser on Wednesday with prices for petrol hitting as high as $2.07 a litre amid escalating conflicts in the Middle East that threaten to disrupt global oil supplies.
Cheyanne Enciso
Wholesale diesel prices surged overnight as NRMA warned the increases could worsen cost of living pressures unless the Middle East conflict is resolved.
Tom Richardson
Iran has closed a crucial waterway - the Strait of Hormuz - in a move that will choke a fifth of global oil flows and send crude prices sharply higher.
Staff Writers
Senator David Pocock will ramp up pressure on the government to re-examine a fossil fuels tax that raises less money than beer thanks to a "fatal mistake".
Global oil production is in turmoil as one of Saudi Arabia’s largest refineries halted production after a drone strike in the area. An attack on major energy infrastructure is a nightmare scenario.
Bloomberg
The market’s energy sector cushioned losses elsewhere, storming 5.5 per cent higher as the spot price of Brent crude oil leapt to as high as $US82.37 a barrel.
Tom Richardson and Sean Smith
The US strike on Iran could revive an inflation nightmare in Australia. Those relying on their car could soon by paying $2.40 a litre, adding $22 to a weekly fill.
Worries that a rising oil price will push global inflation higher are in focus, ahead of what’s expected to be a volatile day on the S&P/ASX 200.
AMP chief economist Shane Oliver says fuel prices could leap 40 cents a litre to between $ and $2.10 a litre on the escalating violence in the Persian Gulf.
Shares in Strike Energy plummeted 10 per cent after tough financials and a warning from auditors, but the company is “confident” it will deliver on growth plans.
Matt Mckenzie
Australia’s biggest oil and gas group on Tuesday reported a 24 per cent fall in full-year earnings to $US2.72 billion, bettering market expectations.
APA Group boss Adam Watson is backing in the potential of a big green energy rollout in the Pilbara even as customers push back their transition timelines.
An attack on Iran that ballooned into a broader regional conflict and the closure of the Strait of Hormuz could send Australian petrol prices soaring.
Australia's second-biggest gas producer will cut one in 10 jobs and weigh up its local gas portfolio after its full year profit fell for a third straight year.
Adrian Black
Kevin Gallagher’s pay packet for the 2025 year was inflated by a multimillion-dollar payment of performance rights as the oil and gas producer also announced sweeping job cuts
Cuban oil play Petro Australis Energy has parted ways with chief executive and former Woodside Energy executive Shiva McMahon after less than a year.
