The government of Queensland is set to establish a A$2 billion Queensland Renewable Energy and Hydrogen Jobs Fund that will support the state’s 50% renewable energy target by 2030. Expanding on the previous $500 million Renewable Energy Fund, the latest initiative will enable investments by Queensland’s...
Australia is projected to earn A$136 billion from iron ore exports during this financial year, as global steelmaking activity rebounds from a COVID-led downturn. A report released by the Australian government on Monday showed that the country’s most valuable economic export is expected to earn more...
Santos has discovered liquids-rich gas off the coast of Western Australia after a drilling campaign was completed at its wholly-owned Corvus-2 well. The company’s managing director Kevin Gallagher said Corvus-2 had delivered a fantastic result that opened up additional exploration opportunities in the region. “It is particularly...
Australia overtook Qatar as the world’s largest exporter of liquefied natural gas (LNG) for the first time in November, according to fresh data from Refinitiv Eikon. Australia shipped 6.5 million tonnes of LNG last month, edging out Qatar’s 6.2 million tonnes to finally displace the Middle...
Hydrogen gas produced by solar and wind energy as well as brown coal is set to become the next big focus for Australia’s energy industry and export market, according to a recent report. The report, conducted for the Australian Renewable Energy Agency (ARENA) by consultants ACIL...