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The Latest Breaking News from Resources

Federal government opens 46,000 sq km for offshore oil and gas exploration

The oil and gas industry will have access to another 46,758 square kilometres of Commonwealth waters, with two new offshore greenhouse gas storage areas also approved.

ABC News

Labor prepares trigger if gas falls short

Resources Minister Madeleine King says regulations are now in place to enable her to use the gas trigger next year to deal with any shortfall in supply.

AAP

Australian conservatism succumbs to the same radical tendency as like-minded parties abroad

As bad as it is, Scott Morrison’s surreptitious circumvention of Australia’s parliamentary and Cabinet processes might have got worse.

The Conversation

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Revelations of secret portfolios held by Scott Morrison have dominated headlines this week. What happened, when and who knew about it?

The former prime minister took on the health portfolio in secret in the early days of the COVID-19 pandemic, before appointing himself to four more ministries over the next year. Why did he do it and who knew?

ABC News

Explainer: Scott Morrison was sworn in to several portfolios other than prime minister during the pandemic. How can this be done?

It has been reported that, during the pandemic, the then prime minister, Scott Morrison, swore himself in as a minister to several portfolios, including health, finance and resources.

The Conversation

Resources minister says 'astounding' level of coal in national power grid

Bob Hawes wants gas, Resources Minister Madeleine King questions coal

Newcastle Herald

Senex Energy announces plans for a $1 billion expansion of its Surat Basin gas project

Advocates of a $1 billion expansion of Senex Energy's Surat Basin gas development say the "mostly domestic" supply will reduce energy prices in coming years, but not everybody is convinced.

ABC News

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Greens stoush on mining could threaten government’s climate bill

A disagreement over the approval of new coal mines is emerging as a sticking point in negotiations between the Greens and the government.

The New Daily

Qld govt downplays Japanese ambassador

Queensland's resources minister has brushed off the Japanese ambassador's criticism of the state government's recent coal tax hike.

AAP

Qld miners snub state govt over coal taxes

Qld miners will snub the launch of the state government's industry plan after a hike in coal taxes, while environmental groups attend in protest over emissions.

AAP

Albanese government may join US push to cut global methane emissions by 30%

Exclusive: New resources minister also says ‘the pathway from coal to renewables goes only through gas’

The Guardian - AU

Pentagon awards Australian rare earths miner Lynas $US120m contract to build plant in Texas

Lynas Rare Earths has been awarded a contract by the US Department of Defence to build a processing facility in Texas.

ABC News

Scientists warn backing fossil fuel projects like Woodside's Scarborough will make meeting climate targets more difficult

Climate scientists are warning now is not the time to back big new gas developments, as the new Albanese government throws its support behind Woodside's mega Scarborough gas projects.

ABC News

'Missing piece of the puzzle': Why coal-fired power stations are needed 'back online'

Operators have to get coal-fired power stations going again to help put downward pressure on soaring energy prices, Resources Minister Madeleine King says.

Newcastle Herald

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ABC News

Short-term fix to gas crisis is to bring coal plants online, Resources Minister Madeleine King says

New Resources Minister Madeleine King says restoring ageing coal plants that went offline due to unexpected outages would provide quick relief to the east coast gas crisis.

AAP

Coal power stations needed 'back online'

Operators have to get coal-fired power stations going again to help put downward pressure on soaring energy prices, Resources Minister Madeleine King says.

ABC News

Who's in the new Labor government cabinet? Who got what role on the frontbench?

Prime Minister Anthony Albanese has unveiled his new cabinet, with election losses and cabinet shake-ups seeing some new faces enter the fold. Here's who got what position.

ABC News

Jack Dempsey runs as independent as Hinkler voters rate federal election issues

A "safe" federal LNP seat has become an unexpected battleground where a former state government minister hopes to steal victory from his old party. Here are the issues voters say will matter most.

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ABC News

Landholders say Arrow Energy's $1m fine for drilling deviated CSG wells not enough

Arrow Energy drilled 48 "deviated" wells under properties without the knowledge of the landholders. The Queensland government says the penalty sends a message, but those affected disagree.

Benzinga

Why Are Accenture Shares Trading Higher Today

Accenture PLC (NYSE:ACN) reported second-quarter FY22 revenue growth of 24% year-on-year to $15.05 billion, beating the consensus of $13.44 billion. New bookings increased 22% Y/Y to $19.6 billion. Consulting revenues rose 29% Y/Y to $8.32 billion, and Outsourcing revenues increased 19% Y/Y to $6.72 billion. Geographic Market Revenue: North American market revenue grew 26%…

ABC News

Resources Minister reissues millions in 'invalid' grants to fracking company

Resources Minister Keith Pitt has reissued millions of dollars in grants to a fracking company searching for gas in the Beetaloo Basin, just months after a Federal Judge ruled them invalid.

ABC News

New MMG mine lease approval near Rosebery about solving a 'protester issue', conservation group says

The Bob Brown Foundation says it is "taking urgent legal advice" following Tasmania's Resources Minister approving a contentious lease along an access road to the site of a proposed tailings dam.

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