The Australian Government has reached an agreement with Asset Energy to cease ongoing litigation over PEP 11, offshore Sydney Basin, New South Wales.
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An update to the Australian gas security mechanism (ADGSM) in April will grant the government more flexibility in the event of future gas shortfalls.
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The Barrow Dampier carbon capture and storage (CCS) regional study will receive $22 million from Chevron Australia to identify new opportunities in the Carnarvon Basin.
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The Australian Renewable Energy Agency (ARENA) has approved $45 million for an innovative energy storage solution in Broken Hill, New South Wales.
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Australia and the Netherlands have aligned in the development of a renewable hydrogen supply chain with the signing of a memorandum of understanding (MoU).
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Galilee Energy’s extensive pressure surveillance testing across its the Glenaras sites has confirmed that the wells are at their lowest pressure to date.
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