Tag: oil
Australian oil and gas sector boosts gov’t revenues to record high in 2023-24
Australia’s oil and gas industry is poised to make a significant contribution to federal, state, and territory government coffers this fiscal year, surpassing expectations with over $17 billion in taxation revenue.
NT green light to Beetaloo basin dev’t to supercharge major industries like manufacturing
The Australian Petroleum Production & Exploration Association (APPEA) said the Northern Territory government’s recent go-ahead of the Beetaloo Basin development will support thousands of new employment, bring in millions of dollars for regional towns, and increase the country's east coast's energy security.
Soaring Gas Demand Pushed Exports To Another Record, Delivers Benefits For Australia
Media Release By APPEA
A new Federal Government report illustrates the soaring demand for Australia’s gas resources, pushing exports to record levels and helping fund...
Santos secures US$235 million FID for Bayu-Undan infill development
Independent gas producer Santos LTD announced today a final investment deal worth US$235 million to push its Bayu-Undan infill development in the Timor Sea...
No permit, no problem – BHP Billiton plans to export US oil despite ban
Mining giant BHP Billiton has revealed plans to export ultra-light oil from the US without getting formal approval from Washington, testing the limits of...
Santos announces Gladstone LNG purchase agreement with Origin Energy
Australian oil and gas producer Santos Ltd has signed a second gas purchase agreement with rival company Origin Energy for the purchase of 100...
Featured Article
Beyond insights: CRM’s transformative role in sustainable manufacturing
Manufacturing companies worldwide are increasingly gearing up for a significant transformation with environmental sustainability at the centre. This comes amid stronger environmental regulations, a shift in consumer behaviour, and the industrial sector delves deeper into Industry 4.0.
