Archived News for Industry Professionals
A new agreement between Santos, ConocoPhillips and major Korean energy company, SK E&S, will advance the development of gas discoveries in the Timor Sea. The agreement will see the progression of the development of the Caldita and Barossa gas discoveries.
Santos Vice President Western Australia and Northern Territory John Anderson said various development concepts for Caldita Barossa would be assessed during pre-FEED.
“We will look at the option of floating LNG as well as the possibility of a tie-back development to our existing LNG plant at Darwin, either as an expansion of those facilities, the back-filling of Bayu Undan when it comes off plateau or a combination of both,” he said.
New subsea gas technology developed
Curtin University researchers have developed a new process to dehydrate subsea gas that could open up gas fields currently deemed unviable.
NSW to fund uptake of mining and gas best practice
The New South Wales Government has announced it will provide $13 million on a cost-recovery basis for improved compliance measures to support the uptake of best practice regulatory regimes for the mining and gas industries in the state.
NSW to refinance major infrastructure works
The New South Wales Government has announced plans to refinance State-owned assets, including Port Kembla, in a bid to fund and expedite priority infrastructure projects.
Queensland greenlights Grosvenor mine
The Queensland Government has approved the construction of the $1.7 billion Grosvenor Coal Mine after the state granted Anglo American the requisite mining lease.
SA releases natural resources blueprint
The South Australian Government has released a new blueprint for managing the state's natural resources.
Burke to determine Alpha's future
The Federal Minister for the Environment, Tony Burke, and the Queensland Deputy Premier, Jeff Seeney, have met for the first time tor resolve their differences over the disputed environmental approval process of the multi-billion dollar Alpha Coal mine.
Low productivity threatens major projects
The Business Council of Australia (BCA) has warned that waning productivity and inflating costs are risking Australia’s unprecedented $921 billion pipeline of major investment in resources, energy and economic infrastructure. New research released by the council shows for the first time just how much capital investment is driving the economy.
Queensland seeks feedback on mine safety
The Queensland Government has announced it is seeking feedback from the resources sector on the proposal to harmonise the state’s mine safety legislation with other states.
Shell confirms Clyde closure
International petroleum giant Shell has confirmed that it will close its Clyde Refinery from the end of September, following an announcement last July that the refinery would be converted into a dedicated fuel terminal.
Two new rail corridors for Queensland coal basins
The Queensland Government has announced two new rail corridors to service new and existing coal mines in the Galilee and Bowen Basins. The east-west corridor will see an expansion of the existing QR National network near Moranbah to the central Galilee Basin and will provide links to coal ports of Abbot Point, Dalrymple Bay and Dudgeon Point.
$54m collaboration on CO2 geological storage
A $54.3 million agreement has been signed between Geoscience Australia, the NSW Minister for Resources and Energy, Chris Hartcher, and the Australian Coal Association to assess potential geological storage opportunities for greenhouse gases in NSW.
IEA predicts bright future for gas
The International Energy Agency has released a new report that predicts China will more than double its current demand for natural gas over the next five years, while the world will experience a 2.7 per cent growth in demand per year.
Australians back skilled immigration, but not foreign investment
A poll conducted by the Lowy Institute has found that the majority of Australians, 62 per cent, support the move to grant 1,715 skilled migrant visas to the Roy Hill iron ore project. However, the vast majority, 81 per cent, is against direct foreign investment.
Committee announced to oversee Pilbara infrastructure development
The Western Australian Government has announced the appointment of a steering committee to oversee the development of the proposed Pilbara Maritime CUF (PMCUF) in the state’s North-West region.
Queensland to form new Aurukun strategy
The Queensland Government has announced it will present a new strategy to put in palce for the Aurukun bauxite leases, with Deputy Premier Jeff Seeny saying it will put the leases back on the market in the near future.
Roper Bar awarded significant status
The Northern Territory Government has announced that the Western Desert Resources’ $180 millionRoper Bar Iron Ore project has been awarded major project status.
AHRC slams racist EMA debate
The Australian Human Rights Commissioner Helen Szoke has expressed her disappointment over the tone of the debate surrounding the Federal Government’s new Enterprise Migration Agreement, which will allow Roy Hill to sponsor up to 1,715 workers for the three-year construction phase through the 457 visa program.
Capital expenditure on the increase
Capital expenditure has increased across the economy, with the mining sector driving the majority of 6.1 per cent growth according to the Australian Bureau of Statistics. The trend volume for estimated building and structures rose an estimated 10.5 per cent seasonally adjusted, while the trend volume for investment for equipment, plant and machinery fell by 0.1 per cent,
Expert committee on CSG and coal mining passes house
Legislation to establish an independent expert scientific committee to provide advice on impacts of coal seam gas and large coal mining proposals on our water resources has passed the House of Representatives.
Federal Environment Minister Tony Burke said the legislation would allow for more rigorous scientific assessment of coal seam gas and large coal mining proposals, in particular how these proposals will affect underground water resources and our rivers.
"I know that there is significant community concern about the impact of coal seam gas and coal mining developments on our water resources," Mr Burke said.
"That's why the Gillard Government has acted to create The Independent Expert Scientific Committee on Coal Seam Gas and Large Coal Mining Development.
"We want to make sure that decisions by governments in relation to coal and coal seam gas developments are informed by the most rigorous scientific evidence available, in particular where those developments are likely to have a significant impact on water.
"The Independent Expert Scientific Committee on Coal Seam Gas and Large Coal Mining Development will play a vital role in ensuring that independent scientific advice is available to all governments when they consider applications for these types of developments.
"In this way, we have established the independent committee and we have funded it.
"It will provide local communities and other stakeholders with accessible and reliable information as well as giving the coal seam gas and mining industries greater guidance on the sustainable management of water resources in areas where they propose developments."
An interim committee was set up in January pending formal establishment of the Independent Expert Scientific Committee. The interim committee has already provided valuable independent advice to the Australian Government and will continue until it hands over to the new committee from 1 July, 2012.
The legislation, which amends the Environment Protection and Biodiversity Conservation Act 1999 to set up the committee, will now be introduced into the Senate.
Mr Burke said the committee would provide advice on research priorities that address critical gaps in scientific understanding, and oversee research commissioned by myself in line with those research priorities.
"When requested, the committee will provide further evidence to inform regulatory decisions made by governments," Mr Burke said.
"It will provide advice on options for increasing the quality and accessibility of knowledge available on the impacts to water resources from coal seam gas and large coal mining developments, for example, in the collection of data.
"The committee's work will be supported by a national partnership agreement with relevant state and territory governments that will require them to seek and take account of the committee's advice when considering approvals for coal seam gas and large coal mining developments.
"So far Queensland, New South Wales and South Australia have signed the agreement – negotiations with Victoria and the Northern Territory are continuing."
Mr Burke said the committee would also provide advice on the priority areas for bioregional assessments and oversee their delivery. The interim committee has started work on the first five bioregional assessments in regions facing significant levels of coal seam gas and coal mining developments, such as the Galilee, Gunnedah, Gloucester and Clarence-Moreton basins.
The Australian Government has provided $200 million to establish the new Independent Expert Scientific Committee and assist states that are parties to the national partnership agreement to introduce the necessary reforms to seek the committee's advice when deciding on coal seam gas and coal mining applications.
For more information visit www.environment.gov.au/coal-seam-gas-mining.