Australian Government and Industry To Work Together
The Australian Government’s intentions to become a ‘one-stop shop’ to aid the continued development of the country’s energy and resources industry has been welcomed by key oil and gas producer BHP Billiton.
Minister for industry Ian Macfarlane, who took over the role following last month’s federal election, outlined these plans during a speech at the Australian National Conference of Resources and Energy (ANCRE) in Canberra on Thursday.
Macfarlane described the newly created department of industry as a “one-stop shop” for several sectors in Australia, including oil and gas. He urged government and industry to now “work together collectively” and turn Australia into an energy and resources superpower.
“We want to make sure we lock in what we have worked so hard to achieve and seize the opportunities that are still out there,” Macfarlane said in his speech.
“I want to tell the rest of the world that we are open for business.”
BHP Billiton president of HSEC, marketing and technology Mike Henry, who also presented at ANCRE, applauded the aspirations of Macfarlane.
Henry said there was a significant opportunity for Australia to streamline its regulatory burden duplication, particularly in terms of environmental and major project approvals.
123
View Full Article
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- Pennsylvania County Joins List of Local Govts Suing Big Oil over Climate
- UK Oil Regulator Publishes New Emissions Reduction Plan
- PetroChina Posts Higher Annual Profit on Higher Production
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- McDermott Settles Reficar Dispute
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- USA Commercial Crude Oil Inventories Increase
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude
- House Passes Protecting American Energy Production Act
- TotalEnergies Restarts Production in Denmark's Biggest Gas Field
- USA Oil and Gas Job Figures Jump
- Republican Lawmakers Say IEA Has Abandoned Energy Security Mission
- Blockchain Demands Attention in Oil and Gas
- Houthis Warn Saudi Arabia of Retaliation If It Backs USA Attacks
- Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
- Summer Pump Prices Set to Hit $4 a Gallon Just as Americans Hit the Road
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Equinor Makes Discovery in North Sea
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension