This category contains 133 posts

Radial drilling company secures commercialisation grant

Queensland radial drilling technology group, V2H International has secured $1 million as part of the Federal Government scheme to accelerate commercialisation of new products for Australian and international markets. V2H International is a technology development company that partners with oil and gas producers, service companies, governments, private equity groups and other organisations in the oil […]

Draft decision issued on Albury access arrangement

The Australian Energy Regulator (AER) has issued its draft decision on Australian Gas Networks’ (AGN) Victorian and Albury access arrangement for its natural gas customers for the five year period beginning 1 January 2018. The draft decision is in response to AGN’s Final Plan, which was submitted to the AER on 23 December 2016. In […]

Gas Security Mechanism to keep gas in Australia

The Australian Domestic Gas Security Mechanism (ADGSM) is now in effect, allowing the Government to intervene, if necessary, to ensure adequate gas is available for Australian. The Minister for Resources and Northern Australia, Matt Canavan, will use assessments, including from the Australian Energy Market Operator (AEMO), the ACCC and industry to determine later this year […]

APPEA inquiry into GST distribution

The Australian Petroleum Production and Exploration Association (APPEA) has recommended that the current system of GST revenues sharing be changed, in order to incentivise states and territories to develop their own natural gas. The Productivity Commission is currently investigating the principle of horizontal fiscal equalisation, which underpins the distribution of GST revenue to state and […]

Jemena appoints construction partner for NGP

Jemena has appointed a leading pipeline contractor to construct the Queensland portion of the $800 million Northern Gas Pipeline project following a four-month competitive tender process. Project Director, Jonathan Spink, said Spiecapag Australia will construct around 141km of the pipeline from east of the Queensland border to the pipeline’s end-point in Mt Isa. “Spiecapag Australia […]

Bowen Basin gas pipeline in negotiations

Blue Energy has executed a Memorandum of Understanding (MoU) with APA Group to negotiate for the delivery of its Bowen Basin gas reserves to southern market gas buyers via a new pipeline. Key Points for the Bowen Basin Pipeline: MOU between Blue Energy and APA executed   APA to undertake pipeline feasibility study   Optimal […]

SA Budget supports gas exploration

The South Australian State Budget for 2017-18 continues to support gas exploration through the funding of the state’s energy plan which increases funding for the Plan for Accelerating Exploration (PACE) gas grants. The PACE program is helping bring more gas to market and will benefit local businesses and consumers. According to the State Government, the […]

New release for petroleum exploration acreage

The Western Australian Government will introduce a strategic five-year release of petroleum exploration areas across the Canning and Perth Basins, which minimises environmental, cultural and land use constraints. New maps have highlighted future acreage release areas that will open for competitive bidding rounds for oil and gas prospectors from 2018 to 2021. The maps will […]

Cue Energy appoints new CEO

Cue Energy Resources has appointed a new CEO after Grant Worner – who has left his dual-role acting as both Chairman and Chief Executive Officer – announced his return to the role of Non Executive Chairman. Matthew Boyall will take over the position of CEO from 1 July 2017. Mr Boyall has been Cue’s Commercial Manager […]

New energy measures announced

The Federal Government’s announcement of measures to reform the Australian energy industry – in response to the Finkel Report – has been met with mixed reactions. The measures announced by the government include: Finalise tough new regulations in the gas sector to give Australian customers priority access to gas supply before it is exported. This […]

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