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Polarcus completes 3D multi-client project offshore Australia

2015-11-16 01:00:00| Offshore Technology

Polarcus has completed the Capreolus 3D multi-client project in offshore Australia after an 11-month acquisition campaign.

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QGC announces $1.2bn investment to develop Charlie tenements in Surat Basin of Australia

2015-11-16 01:00:00| Hydrocarbons Technology

Australia-based QGC, part of the international BG Group, has announced a two-year, A$1.7bn ($1.2bn) development of the Charlie tenements in Surat Basin in a bid to support gas production.

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Wool Prices in Australia, China, South Africa and New Zealand (Weekly Report)

2015-11-13 19:03:51| EmergingTextiles.com

Wool prices have surprisingly rebounded this week in Australia, at least in A$ terms. Demand has been stronger than expected, over a new fall of the Aussie currency. Wool and acrylic prices are increasingly diverging this year. Our report delivers a comprehensive view of wool prices in Australia, with a long list of micron types in A$, US$ and euro terms. Historical charts are also available, such as downloadable historical data. The China's Nanjing market is covered whereas links to weekly New Zealand and South African markets are provided.

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Australia: Turnbull government spends big on emissions cuts, but falls short on targets: Critics

2015-11-13 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Age: Almost half the money the Turnbull government has set aside to pay for emissions cuts has now been committed, after a further $557 million was spent under the second auction of its emissions reduction fund. But the auction results that were released on Thursday have again sparked criticism from policy observers, who said they showed the fund would achieve only a small proportion of the emissions cuts needed to meet Australia's international climate targets. Projects that won contracts under the...

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Australia: Coal-fired plants lead 'extreme competition', lifting emissions

2015-11-13 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Sydney Morning Herald: An intense battle among electricity producers in Australia is being won by coal-fired power plants, sending carbon emissions climbing, energy consultants Pitt & Sherry say. With demand in the national electricity market (NEM) all but flat, "extreme competition" existed between clean energy being forced into the sector from the renewable energy target and surplus capacity among coal-fired power stations, Phil Harrington, a principal consultant with the firm, said. "At the moment, coal is winning,"...

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