WA Premier Roger Cook's core "Made in WA" election policy will be tested by his use of local content provisions to keep Chevron's WA engineers working in WA.
The first bill of $10 million bill is due for the failed Northern Endeavour as it is revealed that Woodside's sale of the vessel four years ago required no government approval.
If the Federal Government had been alert the financial failure of the Northern Endeavourur would not have been a surprise. Now Canberra has a huge bill for its omission.
The liquidator of Northern Oil and Gas Australia has recommended liquidation, which will leave the Federal Government responsibility for decommissioning its oil vessel.
The Inpex-led Ichthys LNG project will export $195 billion of LNG, LPG and condensate over 30 years but it will not pay Australia anything for the gas it extracts.
Australia's Petroleum Resources Rent Tax has incredibly generous annual uplifts in allowable deductions that will likely see little or no payments from its offshore LNG projects.
