Related Articles
Forward article link
Share PDF with colleagues

Australia debates sell offs as elections loom

The forthcoming state and federal elections being held in Australia have sparked bitter political disputes over the planned privatisations of state electricity systems. While some groups are in favour of selling off electricity assets as a method of raising much needed finance, others see such a move as tantamount to treason. In South Australia, the Liberal government has been keen to raise funds from an outright sale of Optima Energy and ETSA Corp., but has to pass the relevant statutes through the upper house. The Liberals had needed two extra votes, but the legislation passed to a second reading with the help of an independent MP and a rebel Labour MP who crossed the floor. However, the

Also in this section
Global refining capacity is going to keep growing
24 April 2018
Fast-growing markets are adding more plants and eking out gains at older ones. What's coming on, where, and when?
Refiners and finance: who's winning and where?
20 April 2018
Companies that splurged on sophisticated capacity additions, like Repsol and Tüpraş, and the majors with balanced upstream-downstream portfolios will benefit most
Middle distillates take centre stage
20 April 2018
Oil-product demand, especially for middle distillates, is rising more quickly that processing capacity. It's good news for refiners