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, 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.
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 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.
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.
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.