Senex Energy has announced the Final Investment Decision for the $40 million expansion of natural gas production at Atlas in Queensland’s Surat Basin by 50% to 18 PJ/year.
Industry
Natural Gas to keep powering Western Australian economy
The voice of the Australian oil and gas industry says an ACIL Allen report on Western Australia’s gas and downstream industries opportunities showed potential major projects in the state powered by gas could deliver between $3 billion to $10 billion in Gross State Product in the next 20 years.
Oil and gas companies failing to capitalise on MSGBC Basin’s huge gas discoveries
Oil and gas companies are failing capitalise on two major gas discoveries in the MSGBC Basin, off Senegal and Mauritania, according to GlobalData.
DUG moves to protect IP for hydrogen energy storage system
The DUG Technology Group says it is in the process of filing a number of patent applications related to hydrogen energy storage systems.
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.
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.