ORG
Director Trades
| Date | Director | Value |
|---|---|---|
| Frank Calabria | $687,090 | |
| Nora Scheinkestel | $10,579 |
Company News
Delorean Corporation Secures Major Biomethane Gas Supply Deal with Origin Energy
Delorean Corporation (ASX: DEL) has scored another major breakthrough for the Australian bioenergy industry with the completion of a binding gas sales agreement with leading utility Origin Energy (ASX: ORG) for the long-term supply of renewable natural gas, also known as biomethane. Under the agreement, Origin will purchase up to 200 terajoules of biomethane per […]
Australia’s hydrogen future in doubt as Origin Energy exits major Hunter Valley project
Leading Australian utility Origin Energy (ASX: ORG) has become the latest local company to cut hydrogen development plans from its portfolio. In a major hit to Australia’s reputation as a global hydrogen development leader, Origin said it was pulling out of the Hunter Valley Hydrogen Hub (HVHH) due to concerns over its commercial viability at […]
Origin Energy expands clean power portfolio with $300m Yanco Delta wind farm acquisition
Leading Australian gas supplier Origin Energy (ASX: ORG) continues to build on its renewable energy project stable with an agreement to acquire the large Yanco Delta wind farm in NSW. Origin currently has around 4.2 million electricity, gas and LPG customer accounts and has been building a significant portfolio of clean energy assets in recent […]
Superloop and Origin Energy ink wholesale internet deal, enhancing broadband services
Australian internet provider Superloop (ASX: SLC) has signed a $19 million contract with Origin Energy (ASX: ORG) for the provision of wholesale internet services to the company and its subsidiaries. The exclusive six-year deal will see Origin’s 130,000 broadband customer accounts migrate to the Superloop network during the 2025 financial year. The move is expected […]
Blue Energy and Origin agree to update gas sales deal
Blue Energy (ASX: BLU) and leading Australian gas supplier Origin Energy (ASX: ORG) have confirmed an existing non-binding, gas supply Heads of Agreement (HOA). In March 2021, the two parties signed a HOA under which Blue Energy would supply up to 300 petajoules of gas to the Wallumbilla gas supply hub over a 10 year […]
Qantas posts $1.4b profit, Domino’s Pizza plunges on lower sales and consortium revises Origin Energy bid
After $7 billion-worth of losses over three years, Qantas (ASX: QAN) revealed on Thursday it was back in the black with a record underlying before tax profit of $1.4 billion for the December half. The record profit compares to a $1.3 billion loss in the same period in 2021. Qantas chief executive officer Alan Joyce […]
Renewable energy loses investor appeal as governments impose price caps and deal collapses occur
The attraction of investing in companies exposed to renewable energy has been dealt a double blow as governments impose price caps to help customers, and renewable energy deals fall over. The most obvious example of these unexpected changes in an industry hailed as a key to energy transition is the collapse of a takeover bid […]
Nine extends tennis rights, Rio Tinto’s Turquoise Hill purchase stalled and Sandfire gains new CEO
Nine Entertainment (ASX: NEC) has extended its partnership with Tennis Australia, which will see the television giant hold the rights until 2029, under a new deal worth more than $425 million. The new five-year deal sees Nine continue as Australia’s home of tennis, after it took over the rights from competitor Seven West Media (ASX: […]
Brookfield Asset Management leads fresh $18b bid for Origin Energy
Brookfield Asset Management and its affiliates have launched another takeover bid for Origin Energy (ASX: ORG), with this latest offer now worth more than $18 billion and would see Origin split into separate gas export and electricity businesses. The latest takeover offer of $9 cash per share is significantly greater than the consortium’s previously tabled […]
Federal Court serves AMP with $14.6m fine, nib gives back to eligible members and IDP acquires Intake Education
AMP Limited (ASX: AMP) has been fined $14.6 million by the Federal Court after it was alleged the wealth giant charged more than 1,500 customers for financial advice they were unable to receive between 2015 and 2019. It comes as a major coup for the Australian Securities and Investments Commission (ASIC), but still falls below […]
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