Origin Energy is an Australian energy provider based in Sydney.
Origin Energy was created in February 2000 by the division of Boral Limited, an Australian conglomerate.
2001, the company Powercor and CitiPower in Victoria, in 2007 Queensland 's Sun Retail were taken.
Boral was founded in 1946 as Bitumen and Oil Refineries (Australia ) Limited, a large part of the business today goes back to Origin Energy, which was founded in 1861 SAGASCO Holdings Limited, which was acquired by Boral 1993.
The Business of Origin Energy consists of three areas:
- Exploration and production of oil and gas - the company has reserves of 2,430 PJ, 90 % of them in the form of natural gas. The exploration projects are located in Australia and New Zealand
- Power Generation - Origin operates four power plants and has a total generating capacity of 874 MW
- Distribution - Origin sells electricity, LPG and natural gas in Australia, the LPG is also marketed in Papua New Guinea, the Solomon Islands, Fiji, Vanuatu, Tonga, Samoa, American Samoa and the Cook Islands.
In addition, Origin Energy operates in the field of renewable energy.
Origin Energy holds a 51.4 % interest in Contact Energy the largest energy providers in New Zealand.
Origin Energy is listed on the Australian Stock Exchange, where the S & P / ASX 50 Index, which comprises the 50 largest companies listed on the Australian Stock Exchange.