The Northern Territory has ended its ban on fracking. Chief Minister Michael Gunner today announced the NT Government had accepted all 135 recommendations of an independent fracking inquiry.
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Total, Santos secure farm-in agreement with Melbana
French oil and gas major Total and Australia’s Santos have executed a seismic funding and farm-in agreement with Melbana Energy at the WA-488-P licence offshore northern Australia.
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AWE seeks up to $48m to fund Waitsia gas project
AWE will raise up to $48 million through a share placement and purchase plan to help fund stage two of its Waitsia gas project in Western Australia.
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Oil Search to acquire $US400m Alaskan assets
Oil Search has secured an agreement to acquire oil assets in Alaska from privately-owned companies, Armstrong Energy and GMT Exploration Company, for $US400 million ($522.4 million).
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Origin Energy acquires $190m stake in Otway gas project
Origin Energy’s oil and gas division Lattice Energy has secured a $190 million deal with exploration company Benaris International to acquire a 27.7 per cent interest in the Otway gas project, increasing the company’s stake to 95 per cent.
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South32 evacuates Appin coal operation to investigate gas levels
South32 has again suspended operations at the Appin coal mine in New South Wales to investigate concerns about gas levels.
The BHP spin-out said its workforce was evacuated from the mine, which forms
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Monadelphous wins long-term Ichthys LNG contract
Monadelphous has been awarded a long-term maintenance services contract at INPEX’s Ichthys LNG project offshore Western Australia.
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Arrow to award FEED contract for Surat Basin expansion
Arrow Energy plans to double the production capacity of its Tipton gas project in Queensland amid an east-coast gas shortage.
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Avoiding the next Deepwater Horizon
It has been seven years since the Deepwater Horizon explosion that killed 11 people and created what is regarded as the worst oil spill in United States history. A seminar series investigating the aftermath was recently held in Sydney, exploring the human and organisational factors that led to the disaster.
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Coates to depart as Santos chairman
Santos chairman Peter Coates has announced his intention to step down from his role at the Australian oil and gas company in the coming months.
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Northern Territory gas pipeline reaches next milestone
More jobs in the Northern Territory’s resources sector are on the away after the government granted Australian energy company Jemena a pipeline licence for the Northern Gas Pipeline project.
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Origin, ENGIE partner to lift gas supply in SA
Origin Energy has signed two agreements with ENGIE that are set to increase gas supply and energy security in South Australia.
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South Australia grants gas exploration funding
The South Australian Government has released the first round of grants for gas exploration and development projects in the state.
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South east Australia on track for new gas supplies
APA Group has signed an agreement with Cooper Energy to develop Gippsland Basin gas projects - bringing new gas supply sources to south east Australia.
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Victorian Government sued over fracking ban
Lakes Oil is suing the Victorian Government for $2.7 billion in damages following the state’s ban on gas exploration.
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APPEA backs ‘timely’ petroleum tax review
The industry body has expressed support for the Australian Government’s decision to review the petroleum tax system in the country.
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Australia must catch up with Papua New Guinea on how we tax gas
With Australia’s budget deficit worsening, following Papua New Guinea’s lead may help us bring in more revenue from natural gas, sooner.
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The gas industry needs a carbon price to compete with coal
Putting a price on carbon would benefit the Australian gas industry, at least in the short term.
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Company results wrap: energy companies are facing disruption
The energy sector is dealing with a complex mix of relationships between consumer trends, global commodity markets, and state, federal and industry regulation.
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COAG Energy Council sets reforms for energy sector
The COAG Energy Council is implementing new reforms and a major program to further lower emissions and maintain an affordable energy system.
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