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Political

Moratorium to remain until July 2015

VICTORIA’S hold on granting new exploration licences for all types of onshore natural gas will remain in place until at least July 2015, while the Victorian state election is scheduled for 29 November this year. The state government announced in

Tullow appeals Uganda tax ruling

UK-BASED Tullow Oil look to international arbitration to appeal a decision by Uganda’s Tax Appeals Tribunal (TAT), which found it owed US$407 million in tax. Tullow was initially issued with a US$472 million capital gains tax assessment by the Uganda

Strike ups Orora gas sales

STRIKE Energy will increase the amount of gas it sells to packaging manufacturer and distributor Orora by 15 petajoules (PJ) under a revised agreement with the group. Orora signed on in January to buy 30 PJ of gas from Strike’s

SA embraces oil & gas with budget

By Andrew Hobbs THE PETROLEUM industries have been a major focus of the 2014-2015 state budget for South Australia, with the government dedicating over $44 million in new funding to projects that will support the sector. Chief among the measures