Media Release

  • Tag

  • Date Range

ConocoPhillips pre-empts sale of 10% interest in Australia Pacific LNG

Origin Energy Limited (Origin) advises it has received notice that ConocoPhillips has exercised its pre-emption rights in relation to Origin’s sale of a 10 per cent shareholding in Australia Pacific LNG to EIG for $2.12 billion, which was announced on 25 October 2021.

Appointment of Executive General Manager, Integrated Gas

Origin Energy Limited (Origin) today announced the appointment of Andrew Thornton as Executive General Manager, Integrated Gas, with responsibility for Australia Pacific LNG’s upstream operations and gas marketing, Origin’s upstream assets in the Beetaloo, Cooper and Canning basins and business development and investment activity in renewable fuels and carbon management.

Quarterly Report September 2021

Origin Energy (Origin) has released its Quarterly Report for the period to 30 September 2021, covering the performance of its Integrated Gas and Energy Markets divisions.

Value of Octopus Energy triples to £3 billion as new investor acquires 7 per cent interest

Origin Energy Limited (Origin) advises that Octopus Energy Group Limited (Octopus) will continue its rapid expansion, with a fund managed by leading sustainable investor Generation Investment Management (GIM) to invest £211 million to acquire approximately 7 per cent of the company. GIM’s investment values Octopus at approximately £3 billion (A$5.5 billion).

Strong interest in batteries and EVs but take-up rate slow

Interest in home batteries and other low carbon energy technology has grown strongly over the past 12 months, but Australians are putting off purchasing because more than 70 per cent believe the technologies are too expensive, Origin’s 2021 Future Energy Report has found.

Positive results in Beetaloo Basin well testing

Positive results from extended production testing at the Amungee NW-1 well in the Northern Territory’s Beetaloo Basin have increased Origin’s understanding of the Velkerri dry gas play.