The re-boot of gas processing facilities in South West Queensland will get a $2 million boost from the Australian Government’s $26 million Gas Acceleration Program. Minister for Resources and Northern Australia Matt Canavan says the funding would allow Australian Gasfields Limited to bring … [Read more...]
Billons Bonanza
With more than $5 billion in mining deals secured in Queensland in the past six months observers are saying the mining and gas sector is on the road back and expected to revive and generate hundreds of jobs. It’s tipped also that there’s more to come with the wider benefits of the revival to be … [Read more...]
A New Gas Industry Snapshot
A new 19-page snapshot developed by the GasFields Commission has been released aimed at providing real facts about the operations of Queensland petroleum and gas industry. Data collection and dissemination was one of the recommendations of the Scott review into the GasFields Commission in 2016 … [Read more...]
More GAS needed – New Report
The latest expert report shows there’s a need for more gas supply across Australia. The Gas Price Trends Review 2017 shows that Queensland had the lowest wholesale gas prices in Australia last year, but more gas is needed to drive down prices. The report released today shows prices for … [Read more...]
Qld Gas Agreement Announced
Arrow Energy has announced a 27-year agreement with the QCLNG joint venture, for one of the largest gas supply deals on Australia’s east coast. The project will create around 1000 new jobs - 800 during peak construction and around 200 ongoing operational roles. The company says the deal will … [Read more...]
The Hunt for Gas Grows
More than 19,000 square km of Queensland will be released for exploration and to identify new-age minerals needed for the next technology and renewables boom. Natural Resources and Mines Minister Anthony Lynham today released the Annual Exploration Program for 2017-18, including thousands of … [Read more...]
Gas Shortfall Likely in 2018
The Australia Government has released the ACCC’s first interim report into the supply of, and demand for, wholesale gas in Australia and the outlook is not pretty. The ACCC Gas Inquiry 2017-20 Interim Report focusses on likely supply and demand conditions for 2018 and according to ACCC Chair Rod … [Read more...]
QLD Opportunities fire up with Northern Gas Pipeline Construction
Jobs will come even before the gas - according to the State Government - as construction gets underway at Mount Isa on the Queensland end of an $800 million interstate gas pipeline from the Northern Territory. And it looks like those jobs will head south as well with the company now committing to … [Read more...]
Bill Brings certainty to Landholders & Resources Industry
New legislation introduced into Parliament aims to provide landholders and resource companies with greater certainty when negotiating conduct and compensation agreements and make good agreements. The Mineral, Water and Other Legislation Amendment Bill looks to streamline and improve negotiation … [Read more...]
Katter Fires Up on Gas
17% of gas output in Queensland is owned by Chinese companies and Member for Kennedy Bob Katter says the time has come for Federal Parliament to act. “We will be moving yet again in the Parliament for a Reserve Resource Policy. The producers can give 0.5 percent of their production to Australia, … [Read more...]
