French energy major GDF Suez has struck a deal with Australia-listed Dart Energy to explore 13 onshore licences prospective for unconventional gas in the UK. This will represent the first step for the GDF into the shale revolution despite a ban on exploration in France.
read more... 23/10/2013
Australia, one of the most coal-dependent countries in the world, is on the track to not only reach its renewable energy target by 2020, but it could even surpass it, according to a new report.
read more... 31/05/2013
Oil and gas giant Chevron reported two new gas discoveries in the Exmouth Plateau area of the Carnarvon Basin, a hydrocarbon basin offshore Western Australia.
read more... 28/12/2012
The French oil major Total, which is the fifth biggest oil company in the world, has become the most recent global player to be involved in the Australian shale gas sector, signing up to a $190 million with Central Petroleum to farm into four exploration permits in the South Georgina Basin.
read more... 07/11/2012
Australian government and the European Commission have reached an agreement over linking the two region’s carbon markets. Beginning on 1 July 2015, it will create the world’s biggest emissions trading market, Australia's environmental scheme will be linked to the EU's Emissions Trading System (ETS) under an interim link which will coordinate carbon prices in the two markets and will consent global permit trading.
read more... 29/08/2012