Prime Minister Scott Morrison said the government would provide an extra $150 million in funding for feasibility studies and the construction of hydrogen hubs. Funding will be used to develop a further two locations under the Clean Hydrogen Industrial Hubs program, bringing the total hydrogen hubs from five regional sites up to seven. The seven …
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Australia’s liquified natural gas (LNG) export volumes have been resilient throughout COVID-19, with export volumes ranging between 18.4 million tonnes and 20.6 million tonnes each quarter, according to the Resources and Energy Quarterly report. The report found that the variations in volumes were largely driven by technical outages, with output affected at the Gorgon and Prelude facilities. …
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The Australian Government has appointed Barnaby Joyce as the Deputy Prime Minister and Leader of the Nationals. Shell has welcomed a new head of scenarios. Read more
Australia and Singapore will establish a $30 million partnership to accelerate the deployment of low emission fuels and technologies like clean hydrogen to reduce emissions in maritime and port operations. Prime Minister Scott Morrison said Australia was driving practical international partnerships to get new energy technologies to commercial parity with existing approaches. “We are positioning …
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Australia and Germany will invest in a series of new initiatives to accelerate the development of a hydrogen industry, creating new economic opportunities and jobs while reducing emissions. Prime Minister Scott Morrison said international collaboration focused on technological innovation was key to getting new energy technologies like hydrogen to commercial parity. “Our partnership with Germany …
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Ampol has confirmed that its refinery operations at Lytton, Queensland, will continue following the completion of a review and government funding. The decision was subject to the Australian Government’s refining support package being successfully legislated as proposed, and comprehensive management analysis and constructive engagement with the government. The Federal Government’s proposed package will help underpin …
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Australia’s offshore oil industry has been backed in the 2021-22 Federal Budget with the Australian Government announcing a temporary levy on decommissioning and remediation works. Minister for Resources, Water and Northern Australia Keith Pitt said the levy was an important measure to ensure taxpayers aren’t footing the bill for the decommissioning and remediation of the …
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The 2021-22 Federal Budget is set to expand the nation’s resources sector, prioritising developments in northern Australia and investing in the future of hydrogen. The government has announced up to $38.7 million to support critical gas infrastructure projects to alleviate the forecast gas supply shortfalls and $5.6 million to further strengthen the Government’s gas system …
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Federal Minister for Energy and Emissions Reduction Angus Taylor has committed to advancing Australia’s gas-fired recovery by unlocking supply through critical infrastructure. This will be done through three key areas, including: unlocking supply, delivering an efficiency pipeline and transportation market, and empowering gas customers. Through the 2021-22 Budget, the Government is building on the progress …
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