The new facilities, which carry a weighted average tenor of 3.5 years, will extend the duration of Vocus' debt to provide ongoing financial stability and flexibility. Vocus is a leading specialist ...

The most significant impact of the Act is to extend the term of the State Agreement by a further 25 years from 31 December 2034 to 31 December 2059. ...

On 28 April 2020, a number of amendments to the OPGGSA and the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 (Cth) (Levies Act) came into force. ...

The future of the gas industry in Australia remains bright. Global demand for gas is projected to grow at a steady rate over the coming decades, driven by growing populations and economic development ...

On 29 March 2020, the Federal Treasurer announced major changes to Australia's foreign investment approval (FIRB) regime to address risks arising from the COVID-19 pandemic. ...

Since 20 March 2020, the ACCC has granted a number of urgent interim authorisations across a range of industries allowing businesses to collaborate in response to COVID-19. ...

The Department of Industry, Science, Energy and Resources released a new fact sheet, 'COVID-19 Fact Sheet: Work-Bid Exploration Permits' which is effective from 20 April 2020 (COVID-19 Fact Sheet). ...

The Department of Industry, Innovation and Science (DIIS) is currently reviewing the policy, regulatory and legislative framework for decommissioning infrastructure in Commonwealth offshore waters under the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth) (OPGGSA). ...

COVID-19 and competition and consumer law issues; ACCC fines Queensland Yoghurt Company; news media bargaining code; Holden agrees to reduce speed of engagement with dealers over compensation; ACCC CDR accreditation platform now live; Voltaren gel decision in Federal Court; and EB Games to refund customers after not playing fair. ...

The COVID-19 pandemic and its broad-reaching economic impacts poses a significant challenge to the continuous operation of oil and gas projects in Australia. ...