Carnarvon Energy, which is working towards a go-ahead for its Dorado oil discovery in the Bedout Basin while advancing a renewables diesel project, said it hoped for “a sensible, pragmatic government that supports companies like ours that are looking to proactively” make the energy transition.“We want to be an active supplier of energy to customers throughout the whole transition process,” chief executive Adrian Cook said.“In the near term, the practical reality is that the majority of people driving petrol diesel cars are farmers, miners and truckers, and there is a need to provide that sort of fuel.“But as we are investing right now, we are looking to also provide greener, lower carbon intensity fuels.”
CVN Price at posting:
22.5¢ Sentiment: None Disclosure: Held
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