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One of Australiaâs largest energy companies has pulled out of a huge fracking project in the Northern Territory at a substantial loss, after facing widespread criticism of the venture from environmental campaigners. Origin Energy said it would book a loss of up to A$90mn ($60.4mn) after agreeing to sell its majority stake in the Beetaloo Basin shale gas project for A$60mn. The disposal also cuts its ties with the sanctioned Russian oligarch Viktor Vekselberg, who is a shareholder in UK-list...
>>> Read more: Origin Energy quits major Australian fracking project
>>> Read more: Origin Energy quits major Australian fracking project
