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Energy

Sep 23, 2021
Blue Energy raises $10m to fire up Bowen Basin work

Blue Energy raises $10m to fire up Bowen Basin work

Bowen Basin gas proponent Blue Energy has raised $10 million to add to efforts to advance its 2P reserve buildprogram at a key Moranbah district tenement. This work would underpin the non-binding gas supply Heads of Agreements signed with Origin Energy, Energy Australia and Queensland Pacific Metals, the company said. The 2P reserve build program will also underpin the economics of the Bow...

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Sep 23, 2021
Strategic plan to unlock CQ gas potential

Strategic plan to unlock CQ gas potential

The Australian Government has announced a new strategic basin plan to ‘turbocharge’ economic development and jobs across Central Queensland by unlocking local gas resources. Resources Minister Keith Pitt joined Member for Dawson George Christensen in Mackay to officially announce the North Bowen and Galilee Basin Strategic Basin Plan. The plan includes $20.7 million of investment to...

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Sep 20, 2021
Financial close for FNQ green power hub

Financial close for FNQ green power hub

Renewable energy company Neoen has completed financial close for the $370 million Kaban Green Power Hub in Far North Queensland. Civil works are already underway on the project after EPC contractor Vestas was provided with notice to proceed in May. The project set to deliver more than 250 construction jobs and to generate 457 GWh… This content is for iQ Industry Queensland, iQ Coal, iQ Civi...

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Sep 17, 2021
Project Venus ready to move to next phase

Project Venus ready to move to next phase

Pure Hydrogen has completed the initial gas flow testing of its Venus 1 pilot well at Project Venus in Queensland, with encouraging results. Pure Hydrogen said its technical team and consultants would now engage with the Queensland Government to secure approvals for stimulation of the target coals to prove commercial gas flow rates. Gas flare… This content is for iQ Industry Queensland, iQ ...

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Sep 11, 2021
Comet Ridge raises $5m to advance CQ gas project

Comet Ridge raises $5m to advance CQ gas project

Comet Ridge has raised $5 million in a placement to top up its war chest as it builds reserves in the Mahalo Gas Hub area in Central Queensland. The first priority for the Queensland-based energy company will be drilling at Mahalo North project, with plans to spud a pilot well next month. Managing director Tor… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Miner&...

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Sep 11, 2021
Federal funds boost CQU hydrogen work

Federal funds boost CQU hydrogen work

CQUniversity has secured $2.1 million in Commonwealth funding to research and develop applications for Central Queensland’s burgeoning regional hydrogen industry. Funded through the Government’s Regional Research Collaboration (RRC) Program, the project will see CQUniversity collaborate with industry to determine research and innovations required to drive the adoption of green hydrogen for export ...

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Sep 10, 2021
Santos in $21b merger with Oil Search

Santos in $21b merger with Oil Search

Santos and Oil Search have signed off on a merger agreement that will create a $21 billion energy giant in the top 20 largest oil and gas companies globally. Santos chairman Keith Spence said the merger represented an attractive combination of two industry leaders to create a regional champion of quality, size and scale with… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ...

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Aug 24, 2021
Hydrogen plans for Gladstone alumina refinery

Hydrogen plans for Gladstone alumina refinery

Rio Tinto and Sumitomo Corporation will team up to look into the potential construction of a hydrogen pilot plant at the Yarwun alumina refinery in Gladstone. If the project proceeds, the pilot plant would produce hydrogen for the recently announced Gladstone Hydrogen Ecosystem. Rio Tinto Australia chief executive Kellie Parker said the company was delighted… This content is for iQ Industry...

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Aug 17, 2021
BHP and Woodside in energy mega-merger

BHP and Woodside in energy mega-merger

BHP and Woodside Petroleum are bringing their oil and gas portfolios together in a merger to create a global top 10 independent energy company. An expanded Woodside will be owned 52 per cent by existing Woodside shareholders and 48 per cent by existing BHP shareholders. BHP chief executive officer Mike Henry. “The merger of our… This content is for iQ Industry Queensland, iQ Coal, iQ Civil,...

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