Australian Ministry of Industry, Tourism and Resources Company News

Australian Energy Minister Martin Ferguson has warned foreign energy companies to develop their oil and gas interests in the nation soon, or risk having them stripped away.

Australia's Minister for Resources and Energy announced the release of 31 new offshore petroleum exploration areas and two special areas in Commonwealth waters.

The Australian Minister for Resources and Energy has awarded nine exploration permits representing a $425 million investment in Australia's offshore petroleum sector.

Australian Resources Minister, Ian Macfarlane, announced a boost to petroleum exploration in Australian waters, with 11 new offshore permits awarded to exploration companies.

A new geological data room at Geoscience Australia is expected to substantially increase offshore petroleum exploration in Australian waters, Australian Resources Minister, Ian Macfarlane, said today.

Significant oil discoveries in Australia are likely to become rare in coming years, the country's resources minister said Wednesday, although he expects upstream companies to keep drilling.

Australian Resources Minister, Ian Macfarlane, announced the release of 34 new offshore petroleum exploration areas in Commonwealth waters.

Australia is on track to be one of the world's top three Liquefied Natural Gas (LNG) exporters within 10 years, as Australia's export capacity grows to meet strong world demand, Australian Resources Minister, Ian Macfarlane, said.

Twelve new offshore petroleum exploration permits in Australia's Commonwealth waters were awarded today. A record 52 bids were received for 20 of the 22 areas on offer

Australian Resources Minister Ian Macfarlane on Monday announced mineral exploration investment is now a safer bet thanks to a new program for digital pre-competitive geoscience data.

Australia's Federal Resources Minister Ian Macfarlane announced new confidentiality periods for speculative seismic data collected for offshore petroleum exploration.

Australian Resources Minister Ian Macfarlane on Friday announced the allocation of four new offshore petroleum exploration permits--all in remote frontier areas.

Australian Federal Resources Minister Ian Macfarlane on Monday announced a $135 million energy security package to provide a new impetus for exploration activity across Australia.