Features

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Coal Seam Gas inquiry introduced into Parliament

Legislation for the investigation into the Coal Seam Gas (CSG) industry by the Commission of Inquiry has been introduced into Parliament by KAP Federal Member, Bob Katter. The Commission of Inquiry (Coal Seam Gas) Bill 2017 will focus on the negotiating powers of parties involved; impacts on land, water and communities; agreement making; and payment […]

Western Australia implements fraccing ban

Western Australia has implemented a ban on fraccing for existing and future petroleum titles in the South-West, Peel and Perth metropolitan regions, as well as a moratorium on fraccing throughout the rest of the state. The State Government’s ban and moratorium prohibits companies from using fraccing during exploration or production. The future of fraccing in […]

Gas exploration company relocates to Adelaide

The South Australian Government will contribute almost $1 million for Strike Energy to relocate its corporate office and headquarters from Sydney to Adelaide, creating 85 new full-time jobs while reinforcing its reputation as the focus of the national gas sector.  With the company’s primary focus being the rapid commercialisation of a world-scale gas resource in […]

Report finds potential risks for Narrabri CSG project

An assessment by the Independent Expert Scientific Committee (IESC) into Santos’ coal seam gas project in Narrabri, New South Wales, has found the project lacks key data that potentially underestimates impacts on threatened ecosystems, and ground and surface water. The IESC was requested by the Department of the Environment and Energy, and the New South […]

AGL sells North Queensland gas assets

AGL has announced its agreement to sell North Queensland gas assets to a consortium. The consortium includes Chinese gas distribution company Shandong Order Gas, and Australian energy investment company Orient Energy. The assets comprise AGL’s 50 per cent interest in each of the Moranbah Gas Project Joint Venture (MGPJV) and the North Queensland Energy Joint […]

$3.4 billion funding released for LNG facility

Origin Energy has announced the remaining US$3.4 billion of shareholder guarantees for the Australia Pacific LNG US$8.5 billion project finance facility have been released after meeting all of the lenders’ completion tests. In May 2012, Australia Pacific LNG secured a US$8.5 billion project finance facility with US EXIM, China EXIM and a consortium of Australian […]

Funding to continue for Exploration Incentive Scheme

The Western Australian Government has announced it will continue funding the $10 million a year Exploration Incentive Scheme, following a 40 per cent increase in mineral exploration applications. The scheme consists of a number of programs that promotes resource exploration in Western Australia, particularly on greenfields areas and frontier petroleum basins. It provides refunds, up […]

Queensland moratorium on underground coal gasification

The Queensland Government has passed legislation that places a moratorium  on all underground coal gasification (UCG) activities, including the in situ gasification of oil shale. The moratorium follows the prohibition of all UCG activities, and the in situ gasification of oil shale by the Queensland Government in April 2016. Minister for Natural Resources and Mines, […]

Majority of Australians opposed to fraccing

Results from a poll conducted by the Australian National University (ANU) reveals the views of Australians to various science issues, including fraccing. The ANU, commissioned by the Australian Government, interviewed 1,203 people about their views on fraccing as well as other science-related matters, including vaccinations, genetically modified foods, frackcing and climate change. The Australian Beliefs and […]

Australia’s LNG sector must re-evaluate to remain competitive

Deloitte believes Australia’s liquefied natural gas (LNG) sector must improve its international competitiveness, and fundamentally re-evaluate its approach and operating model if it is to compete in the global marketplace. Deloitte Australia’s oil and gas leader, Bernadette Cullinane, said operating costs must be reduced to increase the appeal of Australian LNG on a global scale. […]

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