Archived News for Energy Sector Professionals
BHP Billiton has announced the sale of its wholly owned Yeelrrie uranium desposit in Western Australia to Cameco Corporation for US$430 million.
BHP Billiton Uranium President, Dean Dalla Valle, welcomed the announcement of the site, which is located 630 kkilometres north-east of Perth in the Northern Goldfields region of Western Australia. Uranium was first discovered at the site in 1972 by the Western Mining Corporation, which was in turn acquired by BHP Billiton in 2005.
“Cameco is one of the world’s largest publicly listed uranium producers and is highly respected in the industry. We believe they are well placed to carry this project forward in a responsible manner.”
Government outlines ETS integration
Federal Minister for Climate Change and Energy Efficiency, Greg Cobmet, and the European Commissioner for Climate Action, Connie Hedegaard, have announced that Australia and Europe will be linking their emissions trading systems.
WA releases energy strategy
The Western Australian Government has released its Strategic Energy Initiative blueprint, setting out the state’s long-term development of the state’s energy sector.
AEMC calls for powers to set prices
The Australian Energy Market Commission (AEMC) has proposed new rules to better equip the regulators to set prices so that ‘consumers don’t pay more than necessary for reliable supplies of energy and gas.’
Roofing critical to household energy consumption
Recent research shows that the choice of roof material has a significant impact of household energy expenditure through its impact on the internal temperature of the home.
Tinkler Group aborts Whitehaven bid
Tinkler Group has announced it has pulled out of its $5.3 billion takeover bid for Whitehaven coal, ending a month of speculation over the future of the company.
Victoria announces fraccing moratorium
The Victorian Government has announced a moratorium on all hydraulic fracturing as part of a suite of reforms aimed at providing greater certainty on the impacts of the coal seam gas industry’s effects on the environment.
Panel of seven assist in allocating millions
The Federal Government has announced the appointment of seven leading businessmen to assist Innovation Australia in delivering $200 million worth of grants under the Clean Technology Innovation Program.
Government approves Alpha mine
The Federal Government has announced its approval of the Alpha coal mine and associated rail works in Queensland, paving the way for construction of the country's largest coal mine.
WA announces key Western Power appointments
The Western Australian Government has approved the appointment of Alan Mulgrew as the new Chairman of the Western Power Board.
EPA satisfied over Yallourn Mine discharge
The Victorian Environmental Protection Authority (EPA) has found that discharges from the Yallourn Mine are having no serious effects on the surrounding lakes and waterways.
GE announces clean tech innovation challenge
GE has announced a $10 million funding initiative to help find, fund and bring to market technological innovations that help the company reduce its carbon footprint.
Yancoal posts first results
Newly ASX listed coal miner Yancoal has posted its first half year ASX report, posing a $415.7 million after tax for the 2011-12 year, while admitting that adverse market conditions may hamper its growth.
Australia Institute calls for more CSG research
A new report released by the Australia Institute has warned that the country risks significantly underestimating its contribution to global climate change if it fails to adequately measure fugitive emissions from coal seam gas wellheads.
Santos confirms Moomba shale well
Gas giant Santos has confirmed that the planned Moomba 191 dedicated shale well is commercially viable and will soon begin production of the country’s first dedicated shale well.
New CSG supply plant opens in Queensland
A new multi-million dollar coal seam gas (CSG) industry supply plant has been officially opened in Toowoomba, and will begin supplying pipeline systems to the state's growing industry.
Victoria opens CCS research centre
The Victorian Government has officially opened the new Peter cook Centre for Carbon and Capture Storage (CCS) Research at the University of Melbourne.
Victoria to shut down electricity price loophole
The Victorian Government has introduced legislation before Parliament aimed at closing a legal loophole that would allow for an additional $94 million in additional electricity supply charges.
Tasmania poised to push through energy reform
The Tasmanian Government has won support from all political parties for its package of energy reforms, with State Minister for Energy and resources, Bryan green, saying the Government is posed to deliver the lowest possible power prices for Tasmanians.
Universities win PV grants
The Universities of New South Wales and Queensland have secured two major photovoltaic (PV) research grants under the Federal Government’s Solar Flagships program.