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.
Industry
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.
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.
Gas delivering local jobs boon to WA
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.
Gas keeping Queenslanders out of the dark
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.
Vale Dennis Benbow – oil and gas pioneer and industry leader
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.
The Suez Canal Blockage: Impact on the LNG Shipping Market
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.
More proof Australians pay less for our gas than overseas
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.