Articles for Gas Industry

Ed Miliband’s tax crackdown ‘will destroy North Sea oil’
4 months, 2 weeks ago

Ed Miliband’s tax crackdown ‘will destroy North Sea oil’

The Telegraph  

Ed Miliband’s North Sea tax crackdown risks destroying the UK’s oil and gas industry and making Britain even more dependent on imports, a leading operator has warned. EnQuest, which operates some of the UK’s most strategically important offshore assets, hit out at a decision to add three percentage points to the taxes imposed on oil and gas profits and strip …

Tax Oil Sea North Sea Gas Industry Enquest Destroy North
The gas industry is being hit with jacked-up taxes. What's changing?
1 year, 7 months ago

The gas industry is being hit with jacked-up taxes. What's changing?

ABC  

It has been a good couple of years for Australia's gas exporters. Tuesday's federal budget will include changes to a key tax levied on gas exporters, aimed at bringing billions in additional revenue to the budget over the next few years. Instead, the federal government established the PRRT in 1988 to try and both encourage companies to explore offshore oil …

Change Tax Oil Companies Pay Projects West
The NT government has green-lit fracking in the Beetaloo Basin. What does it mean?
1 year, 7 months ago

The NT government has green-lit fracking in the Beetaloo Basin. What does it mean?

ABC  

After more than a half decade of uncertainty, the Northern Territory government has green-lit fracking in the Beetaloo Basin. In announcing the long-awaited decision, the government said environmental risks could be safely managed and that a full-scale onshore gas industry would provide significant economic benefits to the Northern Territory. Earlier this year, Federal Climate Change and Energy Minister Chris Bowen …

Fracking Emissions Pepper Traditional Owners Basin Northern Territory Environmental Groups
Oil and gas industry will no longer get free water in NT, questions remain for other big industries
2 years, 2 months ago

Oil and gas industry will no longer get free water in NT, questions remain for other big industries

ABC  

For the first time, major industries in the Northern Territory will be charged for the water they use, in a policy shift the Environment Minister says is aimed at "bigger industries", not "small businesses and small farmers trying to make a go of it". Key points: The NT government has announced it will charge the oil and gas industry for …

Oil Water Charge Northern Territory Industries Gas Industry Other Industries
Europe’s energy crisis threatens glass production
2 years, 3 months ago

Europe’s energy crisis threatens glass production

Live Mint  

European businesses as diverse as car makers, bottle manufacturers and skyscraper builders—not to mention artisanal glassblowers—are preparing for a possible glass shortage if the loss of Russian gas throttles production. Russia’s “shutting off gas for Germany would cause a new parts-shortage crisis," Silja Pieh, head of strategy at luxury car maker Audi AG, said recently, citing glass as a prime …

Russia Gas Production German Bottles Schott Murano
Climate bill’s unlikely beneficiary: US oil and gas industry
2 years, 4 months ago

Climate bill’s unlikely beneficiary: US oil and gas industry

Associated Press  

— The U.S. oil industry hit a legal roadblock in January when a judge struck down a $192 million oil and natural gas lease sale in the Gulf of Mexico over future global warming emissions from burning the fuels. A Department of Energy analysis obtained by The Associated Press Thursday said the law’s leasing provisions “may lead to some increase” …

Energy Climate Oil Lease Public Lands Gulf Biden
The Gas Industry Is Pumping Money Into A Tiny Local Race To Crush A Climate Champion
2 years, 4 months ago

The Gas Industry Is Pumping Money Into A Tiny Local Race To Crush A Climate Champion

Huff Post  

A building in the scenic San Juan Islands. “This isn’t because we’re being puppeted by other interests,” Hartman said, arguing that transitioning away from a system of moving gas around via pipes would cost his members jobs. “We’re asking legislatures for more emphasis on replacing natural gas as a fuel source and focusing on the shortfalls associated with an immediate …

Local States Race Power Natural Gas Democrats Washington
NT government bureaucrat warns fully implementing fracking recommendation 9.8 could scare off gas industry in confidential email
2 years, 7 months ago

NT government bureaucrat warns fully implementing fracking recommendation 9.8 could scare off gas industry in confidential email

ABC  

A senior Northern Territory environmental bureaucrat warned that fully implementing a key commitment to limit fracking emissions could scare off the gas industry, confidential government correspondence reveals. Key points: The NT government accepted a recommendation to "seek to ensure" there was no net increase in greenhouse gas emissions from a local fracking industry But a confidential email lays out significant …

Commonwealth Email Territory Offset Gas Industry Recommendation Beetaloo
Oil And Gas Executives Say It's Not Joe Biden Holding Back Domestic Production
2 years, 9 months ago

Oil And Gas Executives Say It's Not Joe Biden Holding Back Domestic Production

Huff Post  

LOADING ERROR LOADING The top reason domestic energy production hasn’t ramped up isn’t Joe Biden’s green energy agenda, according to oil company executives. Republicans, including some of Congress’ largest recipients of oil and gas donations, have swarmed to defend the industry, falsely accusing Biden of “destroying” America’s energy industry and demanding the president “unleash” domestic oil and gas. But when …

Oil Prices Executives Production Biden Fed Gas Prices
Food shortages ‘by end of week’ as CO2 crisis grows
3 years, 3 months ago

Food shortages ‘by end of week’ as CO2 crisis grows

The Telegraph  

The National Pig Association said there were already 100,000 pigs awaiting slaughter at abattoirs due to a shortage of labour and now of carbon dioxide. David Limpars, the NPA's technical operations director, said the industry was facing "farmageddon" within 10 working days, with fresh meat, including sausages and pork chops, the first to disappear from supermarket shelves. A spokesman for …

Food Industry Carbon Co2 Carbon Dioxide Npa
Regional WA towns hope 'global export race' for green hydrogen will fuel revival
3 years, 7 months ago

Regional WA towns hope 'global export race' for green hydrogen will fuel revival

ABC  

Regional communities in Western Australia are hoping a budding green hydrogen industry will stop rural population decline and reinvigorate their economies. Key points: Industry, and state and local governments look to the Mid West as a location for green hydrogen production ATCO Australia secures $28.7 million for a green hydrogen project at Warradarge There have been 65 expressions of interest …

Energy Industry Local Wind Gas Natural Gas Projects
Biden’s Pause On New Oil And Gas Leasing ‘Will Not Significantly Impact’ The Industry
3 years, 10 months ago

Biden’s Pause On New Oil And Gas Leasing ‘Will Not Significantly Impact’ The Industry

Huff Post  

LOADING ERROR LOADING On Wednesday, President Joe Biden is set to temporarily suspend all new oil and gas leasing on federal lands pending an administrative review, part of an early blitz of executive orders seeking to undo former President Donald Trump’s denialist legacy on climate. PAUL RATJE via Getty Images “It used to be the ‘war on coal,’” said Clark …

Energy War Oil Biden Federal Lands Gas Industry Federal Leases
Trump intensifies fracking assault on Biden in Pennsylvania
4 years, 1 month ago

Trump intensifies fracking assault on Biden in Pennsylvania

Associated Press  

HARRISBURG, Pa. — In a late gambit to win the battleground state of Pennsylvania, President Donald Trump and his GOP allies have intensified attacks on Joe Biden over fracking, hoping to drive a wedge between the former vice president and the white, working-class voters tied to the state’s booming natural gas industry. Biden’s climate change plan aims to reach net-zero …

Oil Trump Pennsylvania Union Democratic Fracking Emissions