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TENSE negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply for Q1 2021, the group agreed to increase output by 500,000 b/d in
THE CFA Society Perth has launched its bold Natural Resources Vision, with the ambition to position Perth a global centre of excellence for natural resources finance. As the finance industry’s premier professional body, CFA Society Perth is leveraging its pivotal
WESTERN Australia’s 2020-21 State Budget reinforces the critical role oil and gas plays in supporting local jobs and the economy, highlighted by the recent challenging months of the COVID-19 pandemic as well as the need for natural gas to generate
SANTOS has welcomed the Australian Government’s announcements that it wants to unlock new gas supply sources and improve the connectivity of the gas and electricity markets. Managing director and CEO Kevin Gallagher said the announcements recognise the crucial role that
THE Western Australia Government has welcomed moves by the Commonwealth Government to enter into a bilateral agreement to streamline environmental approvals. The Commonwealth Government today confirmed its intention to enter into a landmark agreement that will provide a single avenue
Despite increasing rhetoric, mutual benefit should ensure Chinese demand for Australian iron ore, coal and LNG remains strong Sino-Australian diplomatic relations are spiralling downward. Already deteriorating prior to the pandemic, Canberra’s calls for an independent international inquiry into the origins
Horizon Oil Ltd reports that an investigation has cleared the company of any wrongdoing in its payment to acquire an interest in PNG Petroleum Retention Licence (PRL) -21 in 2011 it has been found to have not breached any bribery
THE Western Australian Environmental Protection Authority’s Environmental Factor Guideline – Greenhouse Gas Emissions reflects a more pragmatic and workable approach to emissions management than those previously proposed. APPEA chief executive, Andrew McConville, said implementation of the guideline by the EPA
APPEA has welcomed the South Australian Government’s move to provide relief to oil and gas explorers by deferring costs and work program commitments linked to exploration licences as the industry confronts the challenges posed by the COVID-19 pandemic. The Government
SUSPENDING industrial awards and enterprise agreements for up to six months will save more businesses and jobs from being lost to the COVID-19 crisis, the resources and energy industry has told the Australian Government. In a letter to Attorney-General and