International collaboration and momentum is building as global nations pursue 2050 net-zero emissions targets, increased energy security and decarbonisation solutions.
Unlocking the Beetaloo Sub-basin realises new exploration milestone as royalty legislation contemporises
June saw Empire Energy announce $27.5 million in additional capital raising to further Beetaloo Sub-basin exploration in the Northern Territory.
The Gas Taskforce participated in last week’s APPEA Conference and Exhibition which is the largest gathering of the oil and gas industry stakeholders in the southern hemisphere.
Transformation of Middle Arm into a globally competitive, sustainable precinct with a focus on low-emission petrochemicals, renewable hydrogen, carbon capture storage and minerals processing has realised another significant milestone to ensure environmental sustainability.
Federal Budget funding is accelerating some of the Territory’s largest projects with $2 billion investment in marine, road and rail infrastructure.
Sun Cable’s Australia-Asia PowerLink (AAPowerLink) project has realised a significant capital raising milestone of $210 million to further development of the world’s largest intercontinental renewable power system in the Barkly Region of the Northern Territory.
Momentum is increasing as the Territory sees another important milestone in becoming a global leader in emission reduction technologies through carbon capture utilisation and storage (CCUS).
Significant opportunities to bolster Australia’s position as one of the world’s largest LNG exporters through surging demand for Liquefied Natural Gas (LNG) was reinforced in the Global Resources Strategy Commodity Report: Liquefied Natural Gas, released during February 2022.
Transforming Middle Arm into a globally competitive, sustainable industrial precinct has taken the next step towards realisation through project referral to the Northern Territory Environment Protection Authority (NTEPA).
INPEX have committed to long-term Liquefied Natural Gas (LNG) expansion plans in the Territory, announcing a third train to be developed at the Ichthys LNG onshore processing facility.