The Queensland Government has announced major reforms to its petroleum royalties regime which will come into force from 1 October 2020. This, and the royalty rates ultimately set, will have implications for the future returns on Queensland petroleum projects. Producers should also review any existing private arrangements that may have relied on the existing wellhead value approach to ensure any unanticipated consequences are resolved prior commencement of the new regime. ...

As we move towards a carbon constrained future and electricity prices rise, companies are increasingly looking for ways to deliver on their carbon reduction commitments, including by purchasing electricity from renewable sources, managing their exposure to changing electricity prices and supporting ...

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of June, as well as take a closer look at AEMO's high-level design for the wholesale demand response mechanism. ...

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of May, as well as take a closer look at WA's proposed Access Code changes and how they seek to transform the State's power system. ...

Under Victoria's new offence of workplace manslaughter, if a corporation or officer (which can extend to senior managers) is negligent and that results in a fatality, there will be a risk of criminal prosecution. Individuals will risk a lengthy sentence of imprisonment. ...

We take a look at the opportunity to contribute to Australia's future domestic oil storage infrastructure pursuant to the Agreement on an International Energy Program, and the key matters to address in an RFI submission. ...

The recent decision of Pilbara Iron Ore Pty Ltd v Ammon will be of interest to anyone who deals with farm-in agreements or other resource sector agreements where one party agrees to commission a 'feasibility study'. ...

The future of the gas industry in Australia remains bright. Global demand for gas is projected to grow at a steady rate over the coming decades, driven by growing populations and economic development ...

On 29 March 2020, the Federal Treasurer announced major changes to Australia's foreign investment approval (FIRB) regime to address risks arising from the COVID-19 pandemic. ...

The COVID-19 pandemic and its broad-reaching economic impacts poses a significant challenge to the continuous operation of oil and gas projects in Australia. ...