Australia will review its mandatory renewable energy target (RET), the government said Monday, sparking concerns among green groups that a weaker target could pave the way for new coal plants and increased pollution. ...

The Prime Minister has declared he wants to make Australia the "affordable energy capital" of the world and says the system of promoting renewable energy is pushing up power prices. ...

Lockheed Martin Corp. announced Tuesday that it signed a contract to develop the world's largest wave energy project off Victoria, Australia, calling it a "significant step toward making ocean energy commercially available." ...

The Fukushima disaster has left nuclear power with a serious PR problem. But as Terry Krieg argues, nuclear is efficient, clean and much safer than people think. He explains why Australia needs to keep the nuclear ace up its sleeve. ...

The pace of consolidation in the solar manufacturing industry will accelerate in the next three years as the cost of the technology declines and installations surge, the founder of the fourth-biggest solar-panel maker said. ...

Shell’s $12 billion Prelude floating LNG structure, being built at Samsung's Geoje Island shipyard in South Korea, has recorded another milestone with the vessel's hull completed. ...

Chevron Corp. (CVX), operator of the A$52 billion ($49 billion) Gorgon natural gas venture in Australia, said some “uncertainties” remain in the construction of the project after its budget last year jumped 21 percent. ...

ConocoPhillips (COP) and Santos Ltd. (STO), developing separate liquefied natural gas projects in Australia at a cost of more than $40 billion, agreed to share pipelines and exchange gas to reduce costs and duplication. ...

US energy giant Chevron says there are unanswered questions over the use of floating liquefied natural gas technology to develop remote gas fields. Chevron Australia managing director Roy Krzywosinski has told a Western Australian parliamentary committee that floating LNG technology is suitable for smaller, stranded gas fields. ...

Australia’s growing liquefied natural gas sector will provide the biggest boost to Australia’s economy over the next 20 years, advisory firm Deloitte says. ...