Archived News for Energy Sector Professionals
The Western Australian Government has announced that State-owned electricity generator Verve and retailer Synergy will be merged into a single entity.
Asian energy demand a pending environmental catastrophe
Asia’s growing demand for energy will result in an environmental catastrophe unless governments adopt a radical change of thinking, a new report by the Asian Development Bank (ADB) has concluded.
NT forms ministerial growth group
The Northern Territory has announced the formation of a new Economic Development Cabinet Sub-Committee, charged with overseeing the Territory’s ‘next big economic advance’.
Ai Group hits out at gas-phobia
The Australian Industry Group (Ai Group) has hit out at the ‘clamp down on gas production’ in New South Wales, and has warned that similar sentiments being echoed in Queensland should ring alarm bells for the industry and broader community.
Shell to sell Geelong refinery
Petroleum giant Shell has announced it is putting its 120 kb/d Geelong refinery on the market as the company looks to concentrate its efforts on large scale projects.
Queensland anti-greentape measures come into effect
The Queensland Government’s Greentape Reduction Act has come into effect over this week, with the Government claiming that small businesses will start ‘saving thousands of dollars’.
Wiluna Uranium project gets the nod
Western Australia is set to get its first uranium mine after the Federal Government granted environmental approval to the Wiluna uranium project.
Chevron secures Wheatstone supply deal
Chevron has announced it has signed a major long-term Sales and Purchase Agreement (SPA) with Chubu Electric Power Company for the provision of 1 million tonnes per annum of liquefied natural gas (LNG).
IMF urges energy subsidy reform
The International Monetary Fund (IMF) has released a new paper urging world governments to reform their subsidy programs affecting products ranging from coal to gasoline.
Report details productivity growth
Once extraneous variables such as deposit quality and capital lag effects are accounted for, Australia’s mining sector productivity improved at a steady rate of 2.5 per cent over the last few decades, according to a new report released by the Bureau of Resources and Energy Economics (BREE).
D'Ascenzo joins CER
Federal Minister for Climate Change and Energy Efficiency, Greg Combet, has announced the appointment of Michael D’Ascenzo as the newest board member of the Clean Energy Regulator (CER).
Government announces department merger
The Federal Government has announced that it will merge the majority of the functions of the Department of Climate Change and Energy Efficiency (DCCEE) with the Department of Industry, Innovation, Science, Research and Tertiary Education (DIISTRE).
NT outlines power and water plans
The Northern Territory Government has outlined its new plan for the future of the Territory’s Power and Water Corporation (PWC).
Bowen pipeline gets the nod
Queensland’s Department of Environment and Heritage Protection (EHP) has announced it has given environmental approval to the proposed billion dollar Bowen coal seam gas pipeline.
Study details resources training efforts
A new study commissioned by the Minerals Council of Australia shows that the resources sector spent over $1.1 billion on training in the 2011-12 financial year.
Government sticks to RET
The Federal Government has announced it has fully accepted the recommendation from the Climate Change Authority that the Renewable Energy Target (RET) should not be watered down.
Prices set to ease finds Commission
The days of the seemingly endless growth of power bills are set to end, according to a new report released by the Australian Energy Market Commission (AEMC).
Queensland considers solar de-regulation
The Queensland Government will consider de-regulating solar feed-in tariffs (FiT) across the south-east of the state, following a report into solar FiT’s by the Queensland Competition Authority (QCA).
Resources market tipped to fluctuate
Australia’s resources and energy export earnings are expected to drop to $186 billion in 2012-13, before growing in the medium term according to a new report released by the Bureau of Resources and Energy Economics (BREE).
WA could face tariff shake up
Queensland won’t be the only state looking to shake up its feed-in tariff (FiT) system after newly re-elected Western Australian Premier Colin Barnett announced his intentions to reform the state system earlier last week.
Feds commit to Gove
The Federal Government has reiterated its commitment to working with Rio Tinto and the Northern Territory Government in ensuring the long term viability of the Gove alumina refinery.