The Victorian government today announced legislation to allow energy consumers no-cost exits from their electricity and gas contracts.

The oil and gas industry spends an estimated $6.5 billion complying with internally and externally imposed red tape demands every year.

Santos will rake in some $168 million upon the sale of its stake in the Stag oilfield in the Carnavon Basin in Western Australia.

Water production rates at Strike Energy’s unconventional gas wells Klebb-2 and Klebb-3 wells have been significantly been ramped up, according to a statement made by the company.

Australia's impressive economy strengthened by LNG future


Australia is on track to enter its 25th year of consecutive GDP expansion beyond the September quarter.

APPEA, Gary Gray reject WA Labor gas moratorium bid


The Australian Petroleum Production and Exploration Association has accused the Western Australian opposition party of jeopardising jobs and investment in the State’s oil and gas industry, following the party’s call...

Imbalanced gas debate takes centre stage at SEAAOC


Day two of SEAAOC in Darwin came with the release of Deloitte’s Economic impact of shale and tight gas development in the NT, commissioned by APPEA.

SEAAOC day one rundown


Day one of SEAAOC kicked off with a mix of sobering forecasts for the industry from Platts, HSBC and Wood Mackenzie, and was followed up by project updates from a handful of the biggest operators in the country.

Territory students to reap onshore gas royalties


Students in the Northern Territory could soon have their studies financially assisted by royalties earned from unconventional onshore gas projects, according to the state’s Chief Minister Adam Giles.

Beach Energy flags $449 million impairment charges


Beach Energy’s Cooper Basin and Egyptian interests are expected to incur about $A449 million worth of non-cash asset impairment charges in the company’s 2014–15 full year accounts.

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