The Australian Resources and Energy Employer Association (AREEA) has announced the appointment of Julie Fallon as its new president. Fallon, who currently serves as Executive Vice President Technical and Energy Development at Woodside Energy, brings over three decades of experience in the oil and gas industry to her new role.…

The Victorian government has initiated a parliamentary inquiry into the decommissioning of offshore gas infrastructure, focusing on hundreds of plugged and abandoned oil and gas wells off the state's coast. This move comes in response to growing concerns about potential methane leaks and environmental risks associated with aging fossil fuel…

Woodside has released its half-year report for the period ended June 30, 2024, showcasing resilience in a challenging market environment. The company reported a net profit after tax (NPAT) of $1,937 million, marking an 11 per cent increase compared to the same period last year. However, underlying NPAT decreased by…

The Australian government has announced a new initiative to accurately measure methane emissions from coal and gas companies, marking a significant step in addressing climate pollution. Methane, a powerful greenhouse gas, has been identified as a major contributor to global warming. According to recent research, it traps 85 times more…

The Northern Territory's oil and gas industry has warmly welcomed the incoming Finocchiaro government, pledging to collaborate on boosting the region's economy through a strategic five-point plan. This development comes in the wake of a decisive election victory for the Country Liberal Party (CLP) led by Lia Finocchiaro. David Slama,…

The Australian Securities Exchange (ASX) has expanded its energy derivatives portfolio with the introduction of the physically settled Wallumbilla Natural Gas Futures contract. Trading for this new contract commenced on August 19, 2024, marking a significant development in Australia's energy market. The Wallumbilla Natural Gas Futures contract was developed in…

A parliamentary inquiry into Western Australia's domestic gas policy has concluded that the state's gas industry has successfully provided domestic supply at largely stable prices. However, the Economics and Industry Standing Committee's final report highlights the need for new gas sources to meet rising demand in the coming years. Australian…

The Western Australian government is set to introduce significant reforms to the state's environmental approval laws, aiming to expedite major job-creating projects while maintaining high environmental standards. The Environmental Protection Act Amendment Bill 2024 will be presented to Parliament, marking the most substantial changes to WA's environmental approval laws in…