This category contains 184 posts

Company relinquishes portions of lease in favour of exploration

In response to the Scientific Inquiry into Hydraulic Fracturing in the Northern Territory released in April 2017, Hancock Prospecting has voluntarily relinquished portions of lease EP154 to the Northern Territory Government, to allow for an approximate 25km exploration buffer area from Mataranka Hot Springs and the Roper River. Hancock CEO, Garry Korte, said that its […]

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 […]

Shortlisted candidates for global prize announced

The PLuS Alliance has announced its shortlisted candidates for the inaugural PLuS Alliance Prize. These selected candidates are leading the charge in changing the world for the better, through innovation and leadership in research and education. The PLuS Alliance Prize of US$50,000 will be awarded to two applicants with submissions that address a globally-significant issue; […]

BHP appoints two new board members

BHP Chairman, Jac Nasser, has announced the appointment of two new independent Non-executive Directors to the BHP Board. Terry Bowen and John Mogford will join the BHP Board effective 1 October 2017. Mr Bowen has over 25 years of strategic, operational and financial experience across a range of sectors. He has been the Finance Director […]

The drilling technology significantly increasing well production and recovery

New radial drilling technology is providing an alternative to fraccing in new and existing Australian gas wells with its ability to significantly increase production, which in turn increases a project’s operating margin. Australia has strong unconventional gas resource potential, but while thousands of wells have been drilled in areas such as the Surat and Bowen […]

Metgasco Non-Executive Director resigns

Metgasco has announced the resignation of one of its Non-Executive Directors, effective 31 July 2017. Mr Terry White has been a director since February 2016, and was an active participant in the New Business and Investment Committee. The Board at Metgasco said they valued Mr White’s commitment to their continued success during a period of […]

Santos appoints new executive

Santos has announced the appointment of its new Executive Vice President Marketing and Trading. Philip Byrne has been appointed to Santos’ new Marketing and Trading Division and will also  be a member of the Santos Executive Committee. Mr Byrne will transition into the role and will take over from current Executive Vice President John Anderson […]

Jemena appoints new CFO

Jemena has announced the appointment of its new Chief Financial Officer (CFO) following an extensive six month global search. David Gillespie – who is currently General Manager of Jemena’s Corporate Finance group  –  will commence as CFO from Monday, 7 August 2017. His appointment comes after Jemena’s current CFO, Joanne Pearson, announced her retirement earlier […]

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 […]

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