Queensland natural gas is fuelling Queensland energy and Queensland manufacturing jobs in a national first.
Senex Energy’s Project Atlas has delivered its first gas to its first customer, state-owned power generator CleanCo, and will follow within weeks to building products maker CSR, which has three south-east Queensland manufacturing plants.
Mines and Energy Minister Dr Anthony Lynham said the energy and resources milestone was underpinning manufacturing jobs and businesses and...
Petrosys has announced the acquisition of GLOBE Claritas™ seismic processing software from GNS Science in New Zealand.
GLOBE Claritas said the backing of Petrosys “will open up a new phase of growth for GLOBE Claritas™, allowing stronger penetration of geographical markets and providing access to a broader shared global client list and geographic outreach focused on the resources industry.
“Our corporate ethos of allowing acquired companies to retain their individual brand...
As delegates gather in Madrid for the 25th annual United Nations Climate Change Conference, the latest government estimate released with the June 2019 Quarterly Update of Australia’s National Greenhouse Gas Inventory confirms the importance of Australia’s liquefied natural gas (LNG) exports for reducing global greenhouse gas emissions.
“It’s important to recognise the global appetite for energy is growing, with more than 1.1 billion people lacking access to electricity....
Australia’s oil and gas industry has welcomed the announcement by Prime Minister Scott Morrison to deliver new deregulation measures for Australian businesses.
Mr Morrison announced the development of a digital environmental approvals process and database aimed at reducing the current approvals process by between six and 18 months.
APPEA Chief Executive Andrew McConville said the industry welcomed the announcement, saying the measures will reduce red tape and unnecessary regulation,...
The United States has initiated formal withdrawal from the Paris Agreement on climate change, U.S. Secretary of State Michael R. Pompeo announced on November 4, vowing that the country would continue to reduce emissions without compromising economic growth.
This was followed by a US Department of State statement defending the Trump Administration’s position and the The United States as a “world leader in reducing emissions”.
The US Department of State said: “Between 2005 and...
A new $8 million pipeline — providing surety of long-term natural gas supply to more than 80,000 North Brisbane customers — was commissioned recently.
The 1.84km gas pipeline includes approximately 930 metres running under the Brisbane River to duplicate the river crossing from Murarrie to Pinkenba.
The “delicate and complex project” has been completed by Australian Gas Networks (AGN), part of the Australian Gas Infrastructure Group (AGIG).
AGIG’s Chief Customer Officer,...
Global demand for natural gas will increase over the next 20 years, providing a major economic opportunity for Australia, according to the International Energy Agency (IEA).
APPEA Chief Executive Andrew McConville said the IEA’s World Energy Outlook highlighted the reality that the growing natural gas industry was essential for a cleaner energy future.
“Demand for natural gas is expected to increase 36 per cent by 2040, with gas providing a quarter of global energy demand, the...
Following the recent news that Saudi Arabia’s national oil company Saudi Aramco will issue its prospectus to potential investors in its initial public offering (IPO); Colin Foreman, Deputy Editor at data and analytics company, GlobalData, provided his view:
“The public sale of shares in the world’s biggest oil exporter will be the first time since the 1970s that private and foreign investors will have been able to own a stake in the Gulf’s upstream oil and gas assets.
“The...
The discovery of a massive oil field in Iran will deliver little in the way of tangible spin-offs for the second largest country in the Middle East, according to international analysis of the discovery.
The discovery made world headlines recently, but according to data and analytics company, GlobalData, the country is facing challenges reaping the full-benefits of the yield.
Will Scargill, Managing Analyst, Oil and Gas at GlobalData, commented: “Limits on investment and exports due...
The natural gas industry contributed around $55 billion to Queensland’s economy over a seven-year period, according to a new report released recently by Lawrence Consulting.
In reaction to the findings, APPEA said the report underlines the importance of the sector for jobs and economic wealth creation for the state, particularly in regional areas such as Gladstone, Toowoomba, Roma, Chinchilla and Dalby and highlights that Brisbane is the state’s biggest gas town and relies on the...