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Global energy companies BP and Shell are considering buying shale gas from the Northern Territory’s environmentally and culturally sensitive Beetaloo Basin within the next decade if an ambitious new gas export project goes ahead.
Tamboran Resources, an ASX-listed junior gas developer, said today that it had signed non-binding initial agreements with BP and Shell over the potential purchase of liquefied natural gas (LNG) from its proposed production project at Middle Arm.
Tamboran owns assets in the Beetaloo Basin, believed to be one of the world’s biggest untapped gas reserves, and is preparing to begin drilling works as soon as next month.
Tamboran is aiming for first gas from the Beetaloo Basin from as early as 2025, and a potential LNG export plant from 2030.
The memoranda of understanding come after the NT government this year cleared the way for companies to resume fracking, a process involving injecting high-pressure fluid into bedrock to force the extraction of gas, after a moratorium was lifted five years ago.
Read the full story here.
Australia will be invited to join a high-powered “climate club” for countries with ambitious emissions reductions goals when Prime Minister Anthony Albanese makes an expected visit to Berlin next month to meet with German Chancellor Olaf Scholz.
Joining the German-led group would help Australia avoid potential European trade sanctions on countries that fail to take urgent action to tackle climate change.
German ambassador Markus Ederer.Credit: Australian Financial Review
Germany’s ambassador to Australia, Markus Ederer, said the election of the Albanese government had opened up new opportunities for the countries to work together on low-emissions technologies and critical minerals exports.
“With the arrival of a new government which is taking serious climate action, I think there’s a lot of convergence between our climate agendas,” he said in an interview.
He said Germany, the world’s fourth-largest economy, was eager to see Australia join a new “climate club” established by the G7 nations at Scholz’s urging last December.
Read the full story here.
Campaigning ahead of the Fadden byelection in Queensland, Opposition Leader Peter Dutton has sharpened his attacks on the government’s position on the Voice to Parliament and cost-of-living pressures.
“All of us want a better outcome for Indigenous Australians, particularly in regional and remote areas, but at the moment, the prime minister is taking our country down a divisive path,” Dutton said.
Anthony Albanese, Stuart Robert and Peter Dutton.Credit: Alex Ellinghausen
“He says that our international reputation will be harmed, and that the reconciliation cause will be set back if the referendum is unsuccessful in October.
“I agree that it sets back reconciliation and if the prime minister is set on that course going to an election, or going to a referendum election, knowing that it’s going to fail, and that reconciliation will be set back, he should delay it or pull it back all together.”
Dutton was speaking on the campaign trail ahead of the byelection in Fadden, the south-east Queensland seat vacated by opposition frontbencher Stuart Robert.
Dutton brushed off questions about whether he was expecting a voter backlash again the former member Robert, simply saying “there’s always a big fight on in a byelection”.
The opposition leader said high power prices and the effect of rising interest rates on mortgages were the issues that the government should be concerning itself with, rather than the Voice to Parliament.
The Fadden byelection will be held on July 15.
It’s been another bruising week of political debate about the Indigenous Voice to Parliament, after the referendum bill cleared parliament on Monday. Federal political report Lisa Visentin has drawn the threads together in this piece.
- The Coalition will argue there is an alternative pathway to constitutional recognition in a bid to set Labor up to take the blame for an unsuccessful referendum.
- The Coalition will depict the Voice as an ill-defined but powerful body with a limitless scope to reach into every aspect of public policy and government decision-making.
- The government will portray the Voice as being narrowly focused on addressing Indigenous disadvantage and the Coalition’s attacks as a scare campaign.
- The government and the Yes campaign are emphasising that the Voice is about constitutional recognition.
Russia has launched a High Court legal challenge against the federal government’s emergency move to terminate a lease for a proposed new embassy site within a kilometre of Parliament House in Canberra.
The Albanese government rushed through a law last week to extinguish Russia’s lease over the site in Yarralumla, citing national security grounds given the spying risk involved in having a diplomatic post controlled by an unfriendly country so close to the national parliament.
Russia was furious at the decision, and the Russian embassy in Canberra sent a diplomat to “squat”
at the site in protest over recent days.
Russia’s High Court injunction, lodged today, argues that the government did not have just grounds to terminate the lease.
The Federal Court earlier this month found an eviction order issued by the National Capital Authority was invalid, forcing the government to pass new laws to stop Russia from taking back control of the site, for which it had held a lease since 2008.
A spokesman for Home Affairs Minister Clare O’Neil said: “Russia’s challenge to the validity of the law is not unexpected. This is part of the Russian playbook.”
Prime Minister Anthony Albanese said this morning that the government was confident of its legal position and that when it made the decision to terminate the lease “we anticipated that Russia would not be happy with our response”.
A chemical waste company that caused one of Melbourne’s worst industrial fires was warned before the catastrophic blaze about safety risks and leaking tanks at its warehouses.
But the County Court judge who imposed a $2.98 million fine on the business on Friday conceded the penalty was unlikely to ever be paid because the business was broke and in liquidation.
About 200 firefighters spent more than four days extinguishing the blaze that erupted in April 2019 at the premises of chemical recycling operator Bradbury Industrial Services in the suburb of Campbellfield. The fire closed nearby schools and waterways.
County Court Judge Peter Rozen found the company had been stockpiling hazardous chemicals and had leaking tanks at some of its sites.
Read the full story here.
Movie director and submersible maker James Cameron said he wishes he had sounded the alarm earlier about the submersible Titan that imploded on an expedition to the Titanic wreckage, saying he had found the hull design risky.
All five people aboard the vessel were killed.
Cameron became a deep-sea explorer in the 1990s while researching and making his Oscar-winning blockbuster Titanic, and is part owner of Triton Submarines, which makes submersibles for research and tourism.
He is part of the small and close-knit submersible community, or Manned Underwater Vehicle industry. When he heard, as many in the industry had shared, that OceanGate Inc was making a deep-sea submersible with a composite carbon fiber and titanium hull, Cameron said he was sceptical.
“I thought it was a horrible idea. I wish I’d spoken up, but I assumed somebody was smarter than me, you know, because I never experimented with that technology, but it just sounded bad on its face,” Cameron told Reuters in a Zoom interview.
Read the full story here.
Thanks for reading our live coverage this morning, as we’ve covered rent freezes, the Voice and the stand-off at the cancelled Russian embassy site.
If you’re just joining us, here’s what you need to know:
- Prime Minister Anthony Albanese says “a bloke standing on a bit of grass” at the site where the government cancelled the lease of a second Russian embassy does not represent a national security threat.
- His comments came after he and Cybersecurity Minister Clare O’Neil are announced the appointment of Air Vice-Marshal Darren Goldie as the government’s first co-ordinator of cybersecurity.
- But the opposition’s foreign affairs spokesman, Simon Birmingham, says the prime minister isn’t taking the standoff at the cancelled Russian embassy site seriously.
Cybersecurity Minister Clare O’Neil, National Cybersecurity Co-ordinator Darren Goldie and Prime Minister Anthony Albanese today.Credit: Alex Ellinghausen
- Opposition Leader Peter Dutton said the Voice wasn’t a “unifying moment” for Australia, and argued a referendum should be held solely on constitutional recognition of Indigenous Australians.
- Crown Resorts has paid back employees at its Perth and Melbourne casinos more than $1.2 million.
- Treasurer Jim Chalmers has confirmed he would decide on the RBA governor’s position in July, as he races to put in place major changes to the bank recommended by the recent review.
- And in overseas political news, hard-right House Republicans forced a vote to impeach US President Joe Biden.
- And the US Navy says its top secret detection system heard an “implosion” after the Titan submersible went missing in the Atlantic while on a voyage to the Titanic.
Thank you for joining me again this week, and my colleague Ben Cubby will keep readers updated this afternoon.
Victorian Deputy Premier Jacinta Allan is among another 48 Australians who are now banned from Russia after the Kremlin issued another batch of personal sanctions.
The Russian Foreign Ministry said the new sanctions were in response to Australian sanctions against the country.
Victorian Deputy Premier Jacinta Allan has been barred from going to Russia. Credit: Luis Ascui
These were issued for Russia’s invasion of Ukraine, but Russia said they were “politically motivated” as part of a so-called Western “Russophobic campaign”.
The Russian foreign ministry said this batch included Australian “contractors of the military-industrial complex, journalists and municipal deputies who are creating the anti-Russian agenda”.
Some other names on the list include:
- Peter Tsokas, chair of the Australia Day Council of South Australia
- Paul Monk, a journalist at The Australian
- Luke Slattery, a journalist at The Australian
- Jeff Connolly, chief executive of Thales Australia
- Amanda Holt, chief executive of SYPAQ Systems
- Duncan Lewis, a Thales Australia board member and a former ASIO director-general
Others included on the list are additional SA Australia Day Council members and defence contractor employees and board members.
Staying with Simon Birmingham, who responded to the prime minister’s comments about the diplomat not being a threat to national security.
Anthony Albanese earlier told reporters that “a bloke standing in the cold on a bit of grass in Canberra is not a threat to our national security”.
But Birmingham, who is the opposition’s foreign affairs spokesman, said the prime minister wasn’t taking the matter seriously.
Prime Minister Anthony Albanese said the man occupying the cancelled site of a Russian embassy isn’t a national security threat.Credit: Alex Ellinghausen
“He seems to want to cast it aside as a bit of a joke,” he said speaking in Adelaide.
“Ultimately, this is a simple case of whether the law of the land has been complied with and the prime minister should expect that to be the case in order to take that seriously.”
Birmingham said there were means that diplomats could be asked to leave the country, but it hadn’t reached that stage.
“That does not appear that we are at that stage yet, and I note that ... before the Albanese
government was elected, Penny Wong and Anthony Albanese were very strong in calling for the expulsion of Russian diplomats,” he said.
“They talked a big game before coming to government, and we ought to expect them to ensure that Australian law is applied with, complied with now.”
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2023-06-23 00:22:52Z
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