Beach Energy has released its FY21 Full Year results as well as FY22 guidance, announcing an underlying Net Profit After Tax of $363 million.
Archives for August 2021
August 2021
CSIRO says captured carbon can be converted into cash
Australia could turn carbon dioxide waste into a valuable revenue stream according to a new report from Australia’s national science agency, CSIRO.
Natural and renewable gas “critical” to Victoria’s energy future
Energy infrastructure companies AusNet Services, Australian Gas Infrastructure Group (AGIG), APA Group, and Jemena have highlighted the importance of gas in achieving the least-cost, fastest, and most efficient transition to a low-carbon future in a set of submissions issued in response to the Victorian Government’s Gas Roadmap consultation process.
AMMA welcomes High Court putting an ‘end to casual employment mess’
Australian Resources and Energy Group AMMA has welcomed the High Court of Australia overturning a controversial Federal Court ruling that a casually employed mine worker was actually a permanent employee and entitled to back-paid leave entitlements.
Permian Basin production to “recover completely” by 2022
Permian Basin, the largest oil producing basin in the US, was the most affected play in the country during the COVID-19 pandemic times. However, production of crude oil and natural gas from this play is likely to exceed the pre-pandemic levels by 2022 amid market recovery from the pandemic, according to data and analytics company, GlobalData.
LNG storage steps up to decarbonization in shipping
Rina has been awarded a framework contract by the European Maritime Safety Agency (EMSA) to support initiatives to increase the availability of LNG in the medium term with small scale bunkering and depots to expand the use of this fuel throughout the Mediterranean, Black and Caspian Seas.
CGG sells GeoSoftware business to Topicus.com and Vela Software
CGG has entered into an agreement to sell its GeoSoftware business to Topicus and Vela Software, with the closing of the transaction subject to mutually agreed conditions.
Oil and gas industry focused on local jobs and training
The voice of the Australian oil and gas industry has told the Western Australian Government’s Skills Summit that the oil and gas industry is committed to creating local jobs and training opportunities but fly-in-fly-out (FIFO) workers will still be required for some specialised skillsets.
New data highlights the value of gas in homes
New figures have highlighted the value of natural gas in Australian homes and the importance of plans to decarbonise gas networks to continue to give customers choice.
European Investment Bank signs advisory agreement with Hydrogen Europe
The European Investment Bank (EIB) and Hydrogen Europe, an umbrella association representing European industry, research, and national and regional associations in the hydrogen and fuel cell sector, has signed an agreement for consultancy services.