INTIEAAustralia · The Petroleum and Geothermal Energy Act 2000PolicyIn force

The Petroleum and Geothermal Energy Act 2000

The main features of the Petroleum and Geothermal Energy Act 2000 are: - Establishment of a co-regulatory regime focused on achieving environmental, public safety and resource management objectives, and reduced compliance costs - Licence allocation and management mechanisms to…

آخر تعديل قبل 4 سنوات.

العرض المستخرج للقراءة · النص الأصلي للأدلة الامتثالية

دورة الحياة

  1. نافذ
  2. آخر تعديل

Country / jurisdiction: Australia · Year: 2000 · Status: In force · Level: State/Provincial · Type: Voluntary

The main features of the Petroleum and Geothermal Energy Act 2000 are:

- Establishment of a co-regulatory regime focused on achieving environmental, public safety and resource management objectives, and reduced compliance costs

- Licence allocation and management mechanisms to facilitate competition in line with competition policy principles

- Rights of third party access to licenced pipelines (where not covered by the national access regime), to depleted reservoirs (for gas storage purposes), and to pipeline easements

- Greater security of tenure for licences through improved registration procedures

- Public consultation processes with regard to establishment of environmental objectives and for significant proposed activities (consistent with provisions of the Planning, Development and Infrastructure Act 2016)

- Reduced risk to government for liabilities arising from the activities of the industry

- A fee structure designed to encourage the industry to adopt management systems to undertake activities

- Inclusion of an effective and expeditious regulatory and approvals framework applicable to geothermal and gas storage activities.

The Petroleum and Geothermal Energy Regulations 2013 provides additional rules in addition to the Petroleum and Geothermal Energy Act 2000. Such rules include licence applications, environment protection, operator classification and activity notification, notice of entry on land, operational issues, reports and information.

Official source: https://www.legislation.sa.gov.au/LZ/C/A/PETROLEUM%20AND%20GEOTHERMAL%20ENERGY%20ACT%202000.aspx

المصدر

https://www.iea.org/policies/12533

الوثيقة الرسمية لدى الجهة التنظيمية. استشهد دائماً بهذا الرابط — لا بصفحة تفاصيل Vantage — في أدلة الامتثال.

ذات صلة في International

INTEnergy Newsoilprice:oilprice-article-44757أخبارIn force

The $7 Trillion AI Boom Is Running Out of Power

Forget the chips. Forget the code. The most expensive, in-demand commodity in the entire $3-trillion AI revolution is not a patented algorithm or a new Nvidia GPU. It's power. Specifically, a secure, high-voltage connection to the electrical grid that can deliver $100-500 million worth of juice to a new data center. Right now, the largest, richest companies on Earth—Google, Microsoft, Amazon—are in an unprecedented global land rush for energy. They are competing with small cities, massive manufacturing plants, and each other, all because…

قبل 10 ساعات
INTEnergy Newsoilprice:oilprice-article-44754أخبارIn force

Colombia's Cocaine Trade Now Outearns Its Oil Exports

Drug lords in Colombia are making more money from cocaine than the government is making from crude oil sales, a report from a Colombian university has found. At $16.5 billion for 2024, cocaine revenues surpassed oil export revenues, which stood at around $15 billion that year, UPI reported, citing the research from EAFIT University. Oil export revenues, however, remain Colombia’s largest export revenue generator, the research showed. Together with coal exports, oil exceeds the illicit trade in cocaine. Still, cocaine revenues in 2024 were…

قبل 12 ساعة
INTEnergy Newsoilprice:oilprice-article-44752أخبارIn force

Geothermal Could Power 65 Million U.S. Homes by 2050, DOE Says

“It’s going to be the decade of geothermal,” Cindy Taff, chief executive of geothermal company Sage Geosystems, told The Hill in February of 2025. Over a year later, it is becoming increasingly evident that Taff is definitely onto something. Although geothermal energy is still a tiny sector and faces some significant headwinds when it comes to its up-front installation and development costs, it has numerous competitive edges over other, more common energy sources. It’s clean, it’s constant, it’s politically popular,…

قبل 13 ساعة
INTEnergy Newsoilprice:oilprice-article-44755أخبارIn force

Asia's Crude Buying Spree Is Running Out of Steam

Asian refiners have reduced their spot purchases of Middle East crude for loading this month and next, following three weeks in which they had purchased millions of barrels of UAE, Saudi, and Iraqi crude. Lingering uncertainties about the navigability of the Strait of Hormuz and high freight costs have deterred Asian buyers from continuing the buying spree that began earlier this month, with millions of barrels of Abu Dhabi crude snapped up in spot trades. Incentives to Buy Immediately Wane Yet, refiners in Asia have spent the better part of the…

قبل 14 ساعة
INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/oil_rebounds_after_hormuz_ship_attack-25-jun-2026-183992-article/?rss=trueأخبارIn force

Oil Rebounds After Hormuz Ship Attack

Crude rallied as new shipping disruptions overshadowed expectations of increasing global oil supplies and weaker demand.

قبل 14 ساعة