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. ...

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). ...

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. ...

On 16 April 2020, the Environmental Protection Amendment Bill 2020 (WA) was introduced to the WA Parliament. ...

The Queensland Parliament has passed the Resources Safety and Health Queensland Act 2020 (Qld) (RSHQ Act), which when it comes into effect on 1 July 2020, will change the State's regulatory framework for health and safety in the resources industry. ...

Gas regulation in Victoria is set for major reform after the Government introduced two new bills aimed at enhancing the security of gas supply for the State. ...

Recent decisions handed down by both the High Court and Federal Court in relation to the 'income/capital distinction' and 'blackhole expenditure' have produced a mix of predictable and unexpected, but generally unfavourable, outcomes for taxpayers. Most buyers have been denied deductions for the pur ...

There has been a global proliferation of voluntary reporting standards that companies might adopt with respect to disclosure of climate change-related financial risk. ...

The National Greenhouse and Energy Reporting (NGER) scheme requires some companies to account for the scope 1 and scope 2 emissions they are responsible for. Scope 1 emissions are direct emissions for which a company is responsible, whilst scope 2 emissions are indirect emissions from the purchase o ...

In the light of the mounting pressure on businesses to address climate change risks, there is growing impetus to collaborate on effective ways to approach climate change management. ...