Post Profile

Australian Oil and gas tax may raise no extra revenue for decades

The Age has an article comparing the income generated from natural gas exports by new global production leader Australia over the previous incumbent, Qatar - Turnbull government called on to explain where Australia's offshore gas wealth is going. By 2021 Australia will eclipse the Persian Gulf state of Qatar to become the world's biggest exporter of liquefied natural gas.
read more


Related Posts

Norwegian Oil Production Strangled by Old Rigs and Ridiculously High Salaries

Vehicles / Watercraft : gCaptain

(Bloomberg) — Norway needs to simplify rules for offshore oil rigs and reduce labor costs to support efforts to increase oil and gas production in western Europe’s largest energy exporter, a government-appointed committee [...]

UK Opts to Maximize Offshore Oil Production Over Onshore Wind

Vehicles / Watercraft : gCaptain

The U.K. aims to maximize domestic oil and gas production and curb the spread of onshore wind farms as the government leans toward maintaining energy security over cutting carbon emissions. The post UK Opts to Maximize Offshore Oil ...

Britain Launches New Tender For Offshore Oil And Gas Licences

Vehicles / Watercraft : gCaptain

Britain has launched its 28th tender for oil and gas licenses, opening up new offshore areas to drilling for fossil fuels that generate important tax revenue and create jobs.

Abu Dhabi to Merge Shipping Units After Offshore Energy Combined

Vehicles / Watercraft : gCaptain

By Mahmoud Habboush (Bloomberg) — Abu Dhabi National Oil Co. will combine three shipping and ports units less than a month after consolidating two offshore oil and gas businesses. Abu Dhabi National Tanker Co., Petroleum Services Co...

Chevron Sniffing Around In The Great Australian Bight

Utilities / Energy : Peak Energy

The Australian reports that Chevron is looking to explore for oil offshore from South Australia - Chevron shifts offshore in $500m Bight Basin push. ENERGY giant Chevron is preparing to spend almost $500 million on oil and gas explo...


Copyright © 2016 Regator, LLC