The Tasmanian Government has announced the ‘next major step’ in the overhaul of the State’s electricity industry with the creation of a new board to oversee the merger of Aurora Energy and Transend.

The Australian Competition and Consumer Commission (ACCC) has given the go ahead for central Queensland coal producers to begin collective bargaining for water supply with SunWater.

ConocoPhillips and PetroChina have announced the signing of a agreement that will see the two companies increase their stakes in three major oil and gas projects.

Origin Energy has confirmed it will be cutting its workforce by 850 by the end of the 2013 calendar year.

The Queensland Government has promised better community engagement, more field inspections, audits and a ‘firm approach to industry non-compliance’ as part of a new coal seam gas management plan.

Some of the country’s biggest carbon emitters are accused of passing on the full cost of the carbon price while pocketing billions of dollars worth of Government compensation, according to a new report released by industry consultants Carbon and energy Markets.

The New South wales Government has announced ‘tough new measures’ to bolster the regulation of the coal seam gas industry in the State.

Energy company RATCH-Australia Corporation (RAC) has announced it has partnered with the University of Queensland (UQ) to undertake a feasibility study into converting the coal-fired Collinsville Power Station into a hybrid solar thermal/gas power station.

Coal will continue to serve as an important contributor to the Australia’s future energy production, according to a new report released by the University of Queensland.

Queensland Energy Minister Mark McArdle has chaired the Queensland Consumer and Energy Reference Group, promising a renewed focus on consumer protection and rights.

The Australian Energy Regulator (AER) has announced the establishment of the Consumer Challenge Panel as part of its ongoing approach to enhance engagement with consumers and their representatives.

Federal Minister for Climate Change and Energy Efficiency, Greg Combet, has hailed US President Barrack Obama’s overtures for the establishment of a market-based carbon pricing mechanism.

New Zealand’s largest publically listed power company, Contact Energy, has announced it will be restructuring its business in a bid to reduce expenditure costs and resize the business ‘to match current market conditions’.

The Northern Territory Government has announced it will release enough gas to keep the Gove alumina refinery open for the next 10 years.

The Queensland Government has announced that it will allow the development of a commercial oil shale industry under ‘strict environmental conditions’.

Uranium explorer and miner Toro Energy has announced the appointment of Vanessa Guthrie as the company’s new Managing Director, replacing Greg Hall who has stepped down from the position, but will remain on the company’s Board as a non-executive director.

The Federal Government has granted conditional approval to the Maules Creek and Boggabri mine proposals, as well as the Gloucester coal seam methane gas project.

The Australian Competition and Consumer Commission (ACCC) has released a draft determination proposing to aurhorise Endocoal, Whitehaven Coal, Yancoal Australia, QC Resource Investments and Linc Energy to collectively bargain with Adani Mining for access to its new coal terminal at Dudgeon Point and with Aurizon Network for access to below rail infrastructure to transport their coal to the terminal.

Tasmania has rolled out a publicity campaign aimed at courting large-scale oil and gas industry players by selling the state as a prime base for offshore oil and gas operations.

The Federal Government has introduced a Bill before Parliament that will repeal the Koongarra Project Act – which allows uranium mining at Koongarra – and incorporate the region into the Kakadu National Park.

Global factors such as the ongoing unrest in the Middle East and the continued depletion of conventional crude oil supplies have been identified as key factors in determining petrol prices, according to the Australian Competition and Consumer Commission (ACCC).

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