Tag: energy

Origin Energy hack traced to Accenture’s Manila office | Origin hack investigation points to offs…

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Origin Energy hack traced to Accenture's Manila office

The Origin Energy office in Melbourne. The breach is suspected to involve a call centre in the Philippines. (ABC News: Darryl Torpy)

The Origin Energy cyber hack has been traced to a former Accenture employee in the Philippines.

Authorities have traced the Origin Energy cyber hack that exposed the personal data of close to a million Australians to a Manila call centre.

Origin customers told the ABC they feared their personal data had been compromised and expressed frustration that the company had not provided sufficient details of the nature of the incident.

The investigation has linked a former Accenture employee in Manila, in the Philippines, to last month's security breach.

Origin hack investigation points to offshore Accenture employee

The investigation into a security breach at Origin Energy that resulted in the release of personal information of almost a million customers is focusing on a former Accenture employee working in Manila, where the electricity and gas giant had outsourced key billing and customer support functions.

The employee, who has now left the consulting firm, had intended to extort the company for money in exchange for the return of the information, multiple people briefed on the matter said on condition of anonymity.

This story has been updated to clarify that Accenture was sued by Marriott customers, not by Marriott in 2019.

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Origin Energy Data Breach Probe Hones In on Former Accenture Employee

This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.

This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.

This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.

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August 18, 2026
Origin Energy investigating ‘potential’ customer data breach | ‘A matter of urgency’: Major e…

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Origin Energy investigating 'potential' customer data breach

Origin Energy says it has also had notified the Australian Cyber Security Centre and Australian Federal Police about the breach. (ABC News: Matt Roberts)

Origin Energy says it is investigating a security breach that "may have" affected customer data.

The company says it has notified the Australian Cyber Security Centre and Australian Federal Police.

The security breach is the latest for major companies in Australia, with Partnered Health targeted in a cyber attack last week.

Origin Energy says it is investigating a security breach that "may have" affected customer data.

"Origin Energy Limited (Origin) is currently investigating a potential security incident which may involve unauthorised access to some customers' data," it said in a statement.

‘A matter of urgency’: Major energy retailer Origin hit by suspected hack

Origin Energy is investigating a potential cyber hack that may have compromised the data of some customers.

In a statement, the major energy provider said that its does not believe the data involved includes sensitive data such as customer credit cards or bank details.

“[The company] is currently investigating a potential security incident which may involve unauthorised access to some customers’ data,” Origin said in its statement to the ASX on Wednesday afternoon.

“We do not believe the impacted data includes customer credit card or bank details.

“We understand an incident like this may raise concerns and acknowledge the impact of this uncertainty on Origin customers.

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Nation’s largest power company probes potential data leak

Power and gas giant Origin Energy has launched an urgent investigation into a potential security breach that may have accessed the personal details of some of its 4.7 million Australian customers.

Origin, the nation’s largest energy retailer, said on Wednesday it was investigating the potential hacking incident and acknowledged it might raise concerns for customers.

The company said it did not believe customers’ credit card or bank details had been accessed.

“Our investigations into this incident are occurring as a matter of urgency, and Origin will provide further updates as appropriate,” a spokesperson said.

The alleged hacker has claimed to have access to the personal details of 2 million Origin Energy customers, including their names, addresses, contact numbers and dates of birth. However, these claims have not been able to be verified.

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July 22, 2026
Renewables company ZEN Energy enters voluntary administration | Ross Garnaut-founded Zen Energy e…

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Renewables company ZEN Energy enters voluntary administration

SA-based renewables company ZEN Energy has entered voluntary administration, saying its viability had been impacted by "wholesale electricity volatility".

McGrathNicol has been appointed administrator and says it is urgently assessing ZEN's business.

The SA government says electricity supply to its facilities and essential services under an agreement with the company has "not been interrupted".

A South Australian renewable energy company with contractual ties to the state government has entered voluntary administration.

ZEN Energy was once an emerging player in the renewables transition, and has been involved with multiple solar farms and battery-powered storage projects, including in the Riverland and at Tailem Bend.

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July 3, 2026
Results | MotoGP™ highlights: Monster Energy Grand Prix of Czechia | Marc Marquez wins Czech Gr…

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Results

Marc Marquez, Ai Ogura and Pecco Bagnaia debrief the Czech GP post-race

Hear what went right, and wrong, for the stars of the show after a gripping Czech GP

The seven-time MotoGP Champion reflected on his Czech GP victory as he made big gains in the Championship fight

The Japanese rider pushed Marc Marquez all the way at Brno, but didn't quite have enough to make a move for victory

The two-time MotoGP Champion finished in third but expressed his delight as he believes he's getting closer to the front

The podium finishers from Brno reflect on the action as the 2026 campaign exploded into life

MotoGP™ highlights: Monster Energy Grand Prix of Czechia

The CEO of Aprilia reiterated the "zero tolerance" policy regarding the incident involving the #72, detailing how both Aprilia and the rider dealt with the situation

Marc Marquez, Ai Ogura and Pecco Bagnaia debrief the Czech GP post-race

Hear what went right, and wrong, for the stars of the show after a gripping Czech GP

The seven-time MotoGP Champion reflected on his Czech GP victory as he made big gains in the Championship fight

The Japanese rider pushed Marc Marquez all the way at Brno, but didn't quite have enough to make a move for victory

The two-time MotoGP Champion finished in third but expressed his delight as he believes he's getting closer to the front

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June 21, 2026
How bad is the energy crisis? Three factors are pushing the world towards the cliff edge | When o…

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How bad is the energy crisis? Three factors are pushing the world towards the cliff edge

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Traders of oil futures are a sunny bunch. On April 17, after Iran’s foreign minister declared the Strait of Hormuz “completely open”, the price of Brent crude fell by 10 per cent, to $US90 ($126) a barrel. Within hours Iran reversed course and attacked an Indian tanker. The next trading day the global benchmark rose by just 5 per cent. It has gone back up above $US100 since but remains around $US15 below its high in late March, even though an American blockade has trapped even more oil in the Gulf.

When oil prices spike, where does the money go?

The market for oil is global, which is why events like the war in Iran affect oil prices – and prices of the wide range of products made from oil – literally everywhere. Federal data shows that the price at the primary crude oil hub in the U.S. was US$66 a barrel in late February 2026 – before the U.S. and Israel attacked Iran – and $101 a barrel on April 13. Similar price increases have reverberated around the globe.

As an energy economist and an international trade economist, we field a lot of questions during such episodes, because when oil prices go up, manufacturers, businesses and ultimately consumers pay more.

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Physical Shortage and Global Growth

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There’s a strange kind of double counting that’s unique to commodity markets. The closure of the Strait of Hormuz means oil exports out of the Persian Gulf – including what goes through Saudi Arabia’s pipeline to the Red Sea – are running at roughly half their ordinary capacity. This has many folks worried because they think this “physical” shortage will now push prices up a lot. But this kind of logic ignores that markets are forward-looking. Oil prices have risen substantially from before the war, presumably in anticipation of exactly the physical shortages we see now. So when folks talk about how prices need to rise, they’re double counting. This is why I’ve been arguing that $150 or even $200 are unrealistic, including on the podcast with Paul Krugman that aired on March 21.

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April 26, 2026
World energy watchdog warns the fuel crisis is ‘very severe’ | Iran war energy crisis equal to 70…

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World energy watchdog warns the fuel crisis is 'very severe'

Fatih Birol will recommend releasing further stockpiled fuel if the crisis continues and conditions call for it. (ABC News: Matt Roberts)

International Energy Agency chief Fatih Birol says major damage to energy assets in the Middle East will create supply problems in the future, even after the Iran war ends.

Prime Minister Anthony Albanese and his Singaporean counterpart have issued a joint statement committing to strengthening the energy supply chain in the region.

More emergency reserves of oil could be released if the war continues to impact the supply and price of fuel.

World leaders have failed to grasp the depth of the energy crisis created by the Iran war, the head of the International Energy Agency has warned.

Iran war energy crisis equal to 70s twin oil shocks and fallout from Ukraine war, says IEA chief

Fatih Birol says effect on energy markets of Iran bombings and closure of Hormuz strait not initially understood by world leaders

The global energy crisis caused by the war in Iran is equivalent to the combined force of the twin oil shocks of the 1970s and the fallout of Russia’s invasion of Ukraine, the head of the International Energy Agency has warned.

Fatih Birol, the IEA’s executive director, said the growing fallout could be seriously compounded through interuptions to the “vital arteries of the global economy”, including petrochemicals, fertilisers, sulfur and helium.

Speaking at the National Press Club of Australia in Canberra on Monday, Birol said the depth of the problems in energy markets caused by American and Israeli bombings in Iran, and the closure of the stragetic strait of Hormuz, had not initally been properly understood by world leaders.

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Iran war LIVE updates:Oil crisis already ‘double the 70s’: IEA director; explosions heard in Tehran

Oil supply crisis already double the scale of 1970s oil shocks: IEA director

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EU president visits Australia in effort to close free trade deal

Welcome to our live coverage of the war in the Middle East. Here are the top stories we’re following:

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March 23, 2026
Live: G7 condemns Iran attacks on energy supplies | Australia’s big move on Iran attacks | Iran…

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Live: G7 condemns Iran attacks on energy supplies

G7 foreign ministers condemn Iran's attacks on global energy supplies, stressing the need to keep key shipping routes — including the Strait of Hormuz — secure.

Follow our blog for live updates, as the US-Israeli war with Iran enters its fourth week.

If you're just joining us, here's a recap of the latest developments in the Middle East over the past 24 hours:

Iranian missile strikes wounded 75 people in the southern Israeli town of Arad on Saturday, including 10 seriously, medics said.

The attacks tore open the fronts of residential buildings and left large craters in the ground.

Israeli soldiers secured the scene after the missiles hit residential buildings in Arad.

Iran says it will allow Japanese ships to transit the Strait of Hormuz

Japan sources more than 90 percent of its crude oil imports from the Middle East and is heavily dependent on exports transiting the key waterway.

Iran says Japanese ships will be allowed to transit the Strait of Hormuz, in the latest sign that Tehran has started pursuing a selective blockade of the strategic waterway.

“We have not closed the strait. In our opinion, the strait is open. It is closed only to ships belonging to our enemies, countries that attack us. For other countries, ships can pass through the strait ,” Iranian Foreign Minister Abbas Araghchi told Japan’s Kyodo News late on Friday.

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March 22, 2026
How will Australia manage energy resources amid war? | ‘This fuel price rise will pinch us’: Canb…

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How will Australia manage energy resources amid war?

Amid uncertainty over length of the war in the Middle East, experts are concerned about the impact on the world's oil and gas supplies.

Australia is not immune to those shocks and AM speaks to the Federal Resources Minister about how to protect Australians' energy supplies.

Rachel Mealey: Well, the ongoing attacks on Iran and the ever-expanding retaliatory attacks have had a major impact on the world's seaborne crude oil supply, sending energy prices soaring. For motorists in Australia, this means the price of fuel will keep climbing at the pump. Madeleine King is the Resources Minister. She joined me earlier. Minister, Australia's oil and gas supplies are going to be hit hard by this war. Exactly how much do we have in reserve?

'This fuel price rise will pinch us': Canberra petrol prices touch $1.99 per litre

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The price of petrol in Canberra has jumped by nearly eight cents a litre in the past week, with some stations hitting the $2 mark following recent military strikes in the Middle East.

On February 26, before the Israeli-US attack on Iran, the average price for a litre of unleaded was $1.81, according to the NRMA. By March 5, the motoring organisation reported the average had climbed to $1.88.

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Australian petrol retailers accused of price gouging over rising fuel costs amid Iran war

Motoring groups accuse retailers of using conflict as an excuse to lift prices as Jim Chalmers asks ACCC to keep watch

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Sydney motorists are paying up to 25 cents more for a litre of petrol now than they were before the start of the US-Israel war on Iran, as motoring groups accuse retailers of using the conflict as an excuse to gouge their customers.

After Jim Chalmers instructed the Australian Competition and Consumer Commission to keep an eye out for profiteering behaviour, a spokesperson for the watchdog said it had “observed average retail regular unleaded petrol prices in several cities moving higher over the last few days”.

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March 6, 2026
AGL Energy shares soar 14%: Is there any upside left? | AGL.AX Stock Today: February 22 — Chart…

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AGL Energy shares soar 14%: Is there any upside left?

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The electricity and gas supplier has come off the boil today.

AGL.AX Stock Today: February 22 — ChartWatch Scans Put AGL in Focus

AGL share price action is in focus after MarketIndex’s ChartWatch scans spotlighted AGL Energy. Traders in Australia will watch how AGL.AX trades into the open and close, with sectors under pressure. At the latest close, AGL finished at A$10.58 after ranging between A$10.40 and A$10.58. One-month performance is up 21.28%, placing the move near the top of ASX energy stocks. Short-term indicators show strong momentum, so today’s tape could decide whether the AGL share price pushes toward resistance or cools back into support.

MarketIndex’s ChartWatch highlights AGL among names to watch for a momentum-led move, as broader sentiment wobbles. This makes intraday order flow important for confirmation. See the scan summary here: ChartWatch ASX Scans: Woodside Energy, AGL Energy. With sector nerves rising, a decisive close can signal whether the AGL share price extends or fades.

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AGL.AX Stock Today: ChartWatch Flags Breakout Setup — February 21

The AGL Energy share price is testing recent highs today as MarketIndex’s ChartWatch flags a momentum setup that traders in Australia are watching closely. In ASX trade, AGL.AX sits near A$10.58 with resistance at A$10.63–A$10.81 in focus. Overbought readings and a strong trend suggest a breakout is possible, but a pullback could offer better risk control. We outline the key levels, signals, and how the AGL Energy share price fits within the current ASX utilities rotation.

MarketIndex’s ChartWatch scan highlighted AGL after a strong run and tightening ranges, drawing attention to a possible momentum continuation. With domestic defensives seeing renewed interest, the AGL Energy share price is pressing into a known supply zone. Today’s range sits between A$10.40 and A$10.58, keeping price within striking distance of the resistance band many short-term traders are tracking for validation.

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February 24, 2026
ChartWatch ASX Scans: Woodside Energy, AGL Energy, Aurizon, Forrestania Resources, PC Gold, Predi…

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February 22, 2026