Archived News for Energy Sector Professionals
ConocoPhillips and PetroChina have announced the signing of a agreement that will see the two companies increase their stakes in three major oil and gas projects.
Origin confirms staff cuts
Origin Energy has confirmed it will be cutting its workforce by 850 by the end of the 2013 calendar year.
Queensland outlines CSG strategy
The Queensland Government has promised better community engagement, more field inspections, audits and a ‘firm approach to industry non-compliance’ as part of a new coal seam gas management plan.
Emitters pass on price finds report
Some of the country’s biggest carbon emitters are accused of passing on the full cost of the carbon price while pocketing billions of dollars worth of Government compensation, according to a new report released by industry consultants Carbon and energy Markets.
NSW announces new CSG rules
The New South wales Government has announced ‘tough new measures’ to bolster the regulation of the coal seam gas industry in the State.
UQ and RAC to assess Collinsville conversion
Energy company RATCH-Australia Corporation (RAC) has announced it has partnered with the University of Queensland (UQ) to undertake a feasibility study into converting the coal-fired Collinsville Power Station into a hybrid solar thermal/gas power station.
Energy future a mixed bag finds UQ
Coal will continue to serve as an important contributor to the Australia’s future energy production, according to a new report released by the University of Queensland.
Queensland promises consumer focus
Queensland Energy Minister Mark McArdle has chaired the Queensland Consumer and Energy Reference Group, promising a renewed focus on consumer protection and rights.
AER announces Consumer Challenge Panel
The Australian Energy Regulator (AER) has announced the establishment of the Consumer Challenge Panel as part of its ongoing approach to enhance engagement with consumers and their representatives.
Government hails Obama's pricing plan
Federal Minister for Climate Change and Energy Efficiency, Greg Combet, has hailed US President Barrack Obama’s overtures for the establishment of a market-based carbon pricing mechanism.
Jobs to go as Contact restructures
New Zealand’s largest publically listed power company, Contact Energy, has announced it will be restructuring its business in a bid to reduce expenditure costs and resize the business ‘to match current market conditions’.
NT to supply gas to Gove
The Northern Territory Government has announced it will release enough gas to keep the Gove alumina refinery open for the next 10 years.
Queensland approves oil shale industry
The Queensland Government has announced that it will allow the development of a commercial oil shale industry under ‘strict environmental conditions’.
Toro announces new Managing Director
Uranium explorer and miner Toro Energy has announced the appointment of Vanessa Guthrie as the company’s new Managing Director, replacing Greg Hall who has stepped down from the position, but will remain on the company’s Board as a non-executive director.
Government grants conditional approval for projects
The Federal Government has granted conditional approval to the Maules Creek and Boggabri mine proposals, as well as the Gloucester coal seam methane gas project.
ACCC likely to approve collective coal bargaining
The Australian Competition and Consumer Commission (ACCC) has released a draft determination proposing to aurhorise Endocoal, Whitehaven Coal, Yancoal Australia, QC Resource Investments and Linc Energy to collectively bargain with Adani Mining for access to its new coal terminal at Dudgeon Point and with Aurizon Network for access to below rail infrastructure to transport their coal to the terminal.
Tasmania courts offshore oil and gas sector
Tasmania has rolled out a publicity campaign aimed at courting large-scale oil and gas industry players by selling the state as a prime base for offshore oil and gas operations.
Government incorporates Koongarra into Kakadu National Park
The Federal Government has introduced a Bill before Parliament that will repeal the Koongarra Project Act – which allows uranium mining at Koongarra – and incorporate the region into the Kakadu National Park.
Global factors driving petrol prices finds ACCC
Global factors such as the ongoing unrest in the Middle East and the continued depletion of conventional crude oil supplies have been identified as key factors in determining petrol prices, according to the Australian Competition and Consumer Commission (ACCC).
Laramide moves to list on ASX
Canadian mining company Laramide has announced it has lodged a prospectus with the Australian Securities and Investment Commission (ASIC) ahead of the company’s planned listing on the ASX in March.
WA approves multi-billion Pilbara plan
The Western Australian Government has announced it has granted approval to a number of proposals by Rio Tinto to expand its iron ore operations in the Pilbara.