Latest Climate Transition News

Santos Limited’s 2024 Annual Report reveals a 5% decline in production and a 9% drop in sales revenue, yet highlights significant progress in carbon capture and storage projects and emissions reduction targets.

Woodside Energy Group Ltd reported a 115% increase in net profit after tax to US$3.573 billion in 2024 despite a 6% revenue decline, driven by record production and strategic growth in LNG and new energy sectors.

Santos Limited’s 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet highlights significant progress in carbon capture and storage and emissions reduction targets.

Centaurus Metals’ Jaguar Nickel Sulphide Project has been selected to join Brazil’s Climate and Ecological Transformation Investment Platform, opening access to a substantial capital pool aimed at supporting sustainable development and decarbonisation.

BHP has reported a robust 10% increase in copper production for the half year ended December 2024, driven by record output at Escondida and strong performances across key assets. Despite a weather-related setback in South Australia, the company remains on track to meet FY25 guidance while advancing major growth projects and sustainability initiatives.