The future outlook for the oil and gas sector is promising even though Australia’s biggest gas projects are now moving from construction to production phase – and the increase in supply is pushing...
Tag - oil
A historic land access agreement developed to streamline negotiations between oil and gas companies and farmers was signed off last week. The agreement, endorsed by the Australian Petroleum...
Sales and service income in the mining industry decreased by seven per cent ($14.3b) to $217.8b between 2012-13 and 2013-14, according to new mining data by the Australian Bureau of Statistics. Metal...
Four offshore petroleum exploration permits, representing $297 million in new investment, have been granted in Commonwealth waters off Western Australia as part of the second round of the 2014...
The South Australian Chamber of Mines and Energy has announced the winners of its annual video competition for students, Dirt TV, following an awards ceremony at Adelaide Oval last night. Dominating...
ExxonMobil subsidiary Esso Australia has successfully completed its Turrum field drilling program, drilling five new wells as part of its ongoing investment in Bass Strait to develop new gas supplies...
The first oil development in the Kimberley in nearly 30 years was officially opened last week by Mines and Petroleum Minister Bill Marmion, 100 kilometres east of Broome in the Canning Basin. Mr...
A third of oil reserves, half of gas reserves and over 80% of current coal reserves globally should remain in the ground and not be used before 2050 if global warming is to stay below the 2°C target...
Australia’s offshore oil and gas industry has signed a landmark agreement with five of the nation’s peak commercial fishing, aquaculture and seafood industry associations. The Memorandum of...
A new report from the Australian Competition and Consumer Commission (ACCC) shows that the price of petrol was historically high in 2013–14. “At 150.6 cents per litre (cpl), 2013-14 saw the third...
