APPEA says Ventia Australia long-term contract for maintenance work at the Gorgon natural gas facility was a major boost for the Western Australian economy and jobs.
Data from the Australian Energy Market Operator (AEMO) has once again proven that gas is the workhorse of Australia’s energy mix with use almost tripling in Queensland following the Callide power station fire.
Dennis Benbow – a pioneer of the Australian oil and gas industry and one of the longest-serving Directors and Chairman of its industry association, APEA/APPEA – passed away on Thursday, 15 July.
LNG Shipping Market
The first half of 2021 witnessed an impressive volatility of the LNG shipping market. After being subdued across most of 2020, LNG spot charter rates for steam turbine carriers skyrocketed to the record highs of US$124,000 per day in January 2021, driven by two key factors.
The voice of Australia’s oil and gas industry said the latest international survey of wholesale gas prices by the International Gas Union (IGU) shows Australia’s average natural gas prices remain competitive.
The aerospace industry is preparing for flying with hydrogen. In Hamburg, the world's third-largest aviation centre, a new development platform is being launched to test the new technology from as early as 2022.
As the world continues to progress multiple energy transitions, the numerous top-down roadmaps on climate-related action require humanising, with more detail about their actual implementation, an influential voice on energy and sustainable development said.
The voice of the oil and gas industry today labelled a new levy of $0.48 per barrel on all offshore oil producers as over the top and extreme.
The latest Resources and Energy Quarterly shows that it is the resources sector, including the Australian oil and gas industry, continuing to drive the nation’s economy.
APPEA says moves by some politicians to vote down regulations expanding the investment remit of ARENA (Australian Renewable Energy Agency) are short-sighted and will slow Australia’s march to reach net-zero emissions targets.