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Energy

Jan 18, 2021
LNG export revenue takes $12.6b hit

LNG export revenue takes $12.6b hit

Australia’s LNG export revenue dropped to $36.1 billion last year, down from $48.7 billion in 2019, despite increased volumes, according to estimates from EnergyQuest. Export income had been severely impacted by the lower oil prices seen through much of the year since April, together with low spot prices, the energy advisory firm said. Its latest… This content is for iQ Industry Queen...

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Jan 18, 2021
Biddle to lead march on Alpha torbanite project

Biddle to lead march on Alpha torbanite project

Greenvale Mining has appointed experienced Australian mining executive Neil Biddle as managing director, tasked with overseeing plans to fast-track development of Alpha project in Central Queensland. The company describes Alpha as the only remaining deposit of torbanite – a mineral that contains up to 650 litres of hydrocarbons per tonne – in Australia. The project… This content is for iQ I...

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Jan 15, 2021
Kidston site prepped for project launch

Kidston site prepped for project launch

Contractors are at work on the Kidston hydroelectric power site, with preparations including upgrading the airstrip to support regular flights from Townsville and boosting camp accommodation to cater for hundreds of workers. Genex Power initiated the early works program for the Kidston Pumped Storage Hydro Project, based at the former Kidston gold mine, after announcing last… This cont...

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Jan 14, 2021
CopperString plan aired for public scrutiny

CopperString plan aired for public scrutiny

The draft environmental impact statement (EIS) for the $1.7 billion CopperString 2.0 project is open for public submissions until February 12. The high-voltage 1100km transmission line planned by CuString is expected to support more than 750 jobs during construction and will help further open up the North West Minerals Province. The Coordinator-General will consider all submissions as… This...

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Jan 12, 2021
Qld hydrogen proponent in refuelling network deal

Qld hydrogen proponent in refuelling network deal

Pure Hydrogen Corporation and HYZON Motors have agreed to collaborate on the development of a network of hydrogen refuelling points in Australia. Pure Hydrogen Corporation, a Real Energy subsidiary, was established in 2020 to undertake a detailed scoping study to assess the commercial viability of building, owning and operating a hydrogen fuel plant in Queensland…. This content is for iQ In...

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Jan 11, 2021
LNG exports fuel strong 2020 finish for Gladstone trade

LNG exports fuel strong 2020 finish for Gladstone trade

Gladstone Ports Corporation is forecasting a successful 2021 after achieving a record high for LNG exports for the month of December. Acting chief executive officer Craig Walker said throughout December GPC exported 2,193,785 tonnes of LNG and welcomed 176 vessels to its three ports in Rockhampton, Gladstone and Bundaberg. The strong finish to 2020 came… This content is for iQ Industry Quee...

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Jan 08, 2021
Union backs coal-fired power plants against early closure

Union backs coal-fired power plants against early closure

The miners union says the early closure of Queensland power plants presents a real threat to the coal industry. In Queensland, there are eight 30MW-plus coal fired power plants feeding the National Electricity Market (NEM) including Callide B and C, Gladstone, Kogan Creek, Millmerran, Stanwell, Tarong and Tarong North.  Another 18 are solar generated and… This content is for iQ Industry Que...

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Dec 21, 2020
Gas guide aimed to help steer development

Gas guide aimed to help steer development

A guide on Queensland landholders’ rights and obligations on gas development has received a major update. The GasFields Commission Queensland’s Gas Guide 2.0 pulls together all the information landholders need to know about gas development into one document, said Resources Minister Scott Stewart. “The Gas Guide 2.0 is designed to give landholders the information they… This content is for iQ...

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Dec 21, 2020
Shell sells part of its stake in QCLNG

Shell sells part of its stake in QCLNG

Shell has announced it will off-load a quarter plus interest in Queensland Curtis LNG (QCLNG) Common Facilities. The company will sell 26.25 percent to Global Infrastructure Partners Australia for US$2.5 billion.The Common Facilities are currently 100 percent owned by Shell and include LNG storage tanks, jetties and operations infrastructure that service QCLNG’s LNG trains on… This content ...

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