Genesis faces outage aftermath
Genesis Energy’s earnings were down as generation costs increased, due to lower hydro inflows and the extended outage of Unit 5 at Huntly Power Station.
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At the Genesis of energy
The second quarter of the 2024 financial year saw a number of key milestones for Genesis Energy including the launch of its new Gen35 strategy.
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Genesis Energy to deliver renewable generation in NZ
The company will use profits from the Kupe gas field to support a $1.1 billion program to build new renewable generation and grid scale battery storage between now and 2030.
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Genesis’ future looking bright
Genesis Energy delivered a strong financial performance in financial year 2023 with earnings before interest, tax, depreciation, amortisation and fair value adjustments (EBITDAF) of $523.5 million built on growth across all customer brands and improved margins while reducing emissions.
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Hexagon signs deal with Genesis for Pedirka hydrogen project
Hexagon Energy Materials has entered into an agreement with Genesis for the pre-feasibility studies (PFSs) relating to the Pedirka Blue Hydrogen project, Northern Territory. The scope of Pedirka’s PFS,
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Beach enhances New Zealand reserves
Beach Energy has upgraded its reserve estimate in the New Zealand Kupe oil and gas field by 23 per cent. As a result, the Kupe project has increased its reserve by 21.5 petajoules equivalent (PJe) to 340.5
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