Decommissioning Oil and gas producers to start paying up to $1B to decommission the Northern Endeavour Australia's oil and gas industry has lost the fight not to bear the full cost of cleaning up after an oil vessel in the Timor Sea with a bankrupt owner.
Decommissioning Offshore oil & gas producers to pay for $1B Northern Endeavour cleanup For every dollar Woodside saved in 2015 selling the Northern Endeavour, the oil and gas industry may have to pay back threefold after the Federal Government moved to protect ordinary taxpayers from the cost of decommissioning the vessel and oil field.
Decommissioning Pitt to oil and gas: you can sell assets but not escape liabilities Investors in Australia's offshore oil and gas industry will find it harder to avoid paying to clean up the assets they profited from under draft legislation released today.
PRRT Shell predicts free gas forever for Gorgon and Prelude LNG Shell's accountants predict the Dutch giant will never pay Australia for gas consumed at the Gorgon and Prelude LNG projects that it can sell for up to about $4 billion a year.
Safety Behind closed doors: what worries Australia’s offshore safety regulator NOPSEMA While Australia's offshore oil and gas industry grew safety regulator NOPSEMA was troubled by cost-cutting operators, old wells to clean up and dealing with COVID-19.
Decommissioning Australia's oil and gas industry will create a $76B clean-up bill It will cost $76 billion to clean up after Australia's oil and gas industry, with a good chunk to be borne by taxpayers, and no one is in a hurry to start the work.
=== from the archive === Industry tells WA EPA to listen to Canberra Emissions-heavy corporate Western Australia wants the WA Environmental Protection Authority to leave control of greenhouse gases to the Federal Government.
=== from the archive === How big gas drives the story to keep its licence Maintaining social license for oil and gas keeps executives awake at night according to industry lobby group APPEA that is researching how to fix the problem
