Queenland has ruled Glencore-owned Carbon Transport and Storage Corporation’s Surat Basin Carbon Capture and Storage (CCS) project is unsuitable to proceed due to potential impacts on groundwater resources in the Great Artesian Basin.
Funding worth AU$1m (£480,000) has been awarded to a government-backed Australian energy partnership to develop a project that will demonstrate how green hydrogen production can reduce the cost of renewable methanol by up to 20%.
A ‘green iron’ project which would use hydrogen produced by the Central Queensland Hydrogen Project (CQ-H2) has been launched in Gladstone, Queensland.
The Australian Government will spend AU$566m (US$378m) in new offshore mapping programmes that will also help identify new carbon capture and storage (CCS) locations and possible sites for clean hydrogen projects.
Singapore’s new Prime Minister Lawrence Wong, who is being sworn in on Wednesday (May 15), will be greeted with a full in-tray as the Lion City looks to reposition itself domestically, regionally and internationally.
Australia is budgeting up to AUD$22.7bn ($15bn) in industrial development over the next decade as it aims to become a clean energy and renewables ‘superpower’.
Mining Minerals & Metals (MMM) believes Georgina Energy can become a leading global producer of helium and hydrogen after it announced a reverse takeover which is expected to close late Q2.
JERA and INPEX are to carry out feasibility studies on capturing carbon dioxide (CO2) emitted by the former in Japan and transporting it to Australia for underground storage.
Linde managed to shrug off a challenging and largely “stagnant” economic climate to post an adjusted operating profit of $2.3bn (up 6%) in the first quarter.
Shell’s Integrated Gas (LNG) division generated $3.68bn in earnings in the first quarter with liquefaction volumes rising 0.5MT to 7.6MT.
