2461-2470 of 2721 results
Decommissioning
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). ...
Overhaul of Victorian environmental laws delayed
The Environment Protection Amendment Act 2018 (Vic) (EP Act), which was set to commence on 1 July 2020 (and overhaul environmental laws in Victoria) will now commence on 1 July 2021 as a part of a suite of emergency measures in response to COVID-19. ...
WA: Key things you need to know about the proposed changes to the Environmental Protection Act 1986 (WA)
On 16 April 2020, the Environmental Protection Amendment Bill 2020 (WA) was introduced to the WA Parliament. ...
The CDR is coming to the energy sector – have your say now
The Australian Government has commenced consultation on the Consumer Data Right (Energy Sector) Designation 2020, which will apply the CDR to the energy sector. Entities should consider the impact of the CDR on their business, including whether they would like to apply to be an Accredited Data Recipient to obtain access to such energy data. ...
Amendments to PNG Mining Act and Oil and Gas Act
The Parliament of PNG has passed a series of amendments targeting the mining, oil and gas industries. We examine the significance of these amendments and the likely next steps. ...
Major changes to Queensland petroleum royalties scheme
The Queensland Government has announced major reforms to its petroleum royalties regime which will come into force from 1 October 2020. This, and the royalty rates ultimately set, will have implications for the future returns on Queensland petroleum projects. Producers should also review any existing private arrangements that may have relied on the existing wellhead value approach to ensure any unanticipated consequences are resolved prior commencement of the new regime. ...
Accurate tenement expenditure recording under the Mining Act 1978 (WA): an update from the Warden's Court
Recent proceedings before the Warden's Court of Western Australia have reinforced a long line of decisions and the nature of a tenement holder's obligations in tenement reporting; affirming the requirements for detailed and accurate reporting on expenditure, and emphasising the importance of ensuring tenement holders are truthful when reporting expenditure. The decisions are a timely reminder of the importance of adequately resourcing the compiling, calculating and reporting expenditure functions (and the need to keep detailed records to substantiate that expenditure), as failure to do so can ultimately lead to forfeiture of tenements. ...