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Letter from the US: The curse of strong energy exports
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
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As global energy systems evolve to meet shifting demand and transition pressures, maintaining reliable hydrocarbon supply remains essential to energy security
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29 September 2022
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Licensing round October update

The industry's most comprehensive list of current and recent rounds for onshore and offshore licences

Open Australia opened its delayed 2022 Offshore Petroleum Acreage Release on 24 August via a webinar. Resources minister Madeleine King announced the ten areas available for bidding, located across four basins offshore the Northern Territory, Western Australia, the Ashmore & Cartier Islands, and Victoria. These include the Bonaparte basin, the Browse basin, the Northern Carnarvon basin and the Gippsland basin, with approximately 46,758km² available for exploration. “At the same time as we strive to reduce emissions, it must be emphasised that continued exploration for oil and gas in Commonwealth waters is central to alleviating future domestic gas shortfalls,” says King. The release focu

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Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution

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