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Power Station, Victoria. Credit: Damian Baker.

By Bill Hudson

Australian Energy Review
Contact:  australian.energy.review@gmail.com
Bloomberg, NASDAQ and Offshore Oil & Gas Magazine report that New Zealand is to offer six new oil and gas blocks in North Island Reinga Basin (21 January 2010)

Australian Mining reports that Wesfarmers coal output fell (21 January 2010)

Fairfax reports on calls by the Greens for the NSW Government to fix a loophole in its Solar Bonus Scheme that denies households cash payments (21 January 2010)

Fairfax and AAP report Australian Prime Minister Kevin Rudd endorsing Australian Productivity Commission research showed improving the efficiency of Australia’s energy infrastructure could increase GDP by almost two per cent (21 January 2010)

Proactive investor reports that Adelaide Energy has inked an agreement for acquisition of prospective Queensland gas field acreage (21 January 2010)

Fairfax reports The Australian Greens put a carbon Tax back on the agenda (22 January 2010), which was endorsed by Australian govt climate change advisor,Professor Ross Garnaut (26 January 2010)

Environmental Management News asks why clean technology stocks are faring so badly (22 January 2010)

Bloomberg reports that NZ retailer Contact Energy suffered a 4.2 percent drop in demand (22 January 2010)

The North Queensland Register reports that North Queensland Bio-Energy Corporation Limited  is planning to build a 70-80MW biofuel electricity generation plant at Ingham (22 January 2010)

Fairfax reports that the ACCC will be cracking down on false green claims by businesses (22 January 2010)

Bloomberg reports that Australian mining stocks fell on concerns that the Australian government may be planning to raise taxes on mining companies (22 January 2010)

Fairfax reports that Santos Petroleum production remained steady, but revenue fell doe to lower oil prices in 2009 (22 January 2010)

Fairfax reports that the Australian Federal Opposition is backing calls for reform to the energy credits system in the face of falling prices for traded credits (22 January 2010)

The Weekly Times provides a comprehensive report on plans for 48 more wind farms in Victoria (22 January 2010)

The Singleton Argus reports that the Bayswater B power station planned for NSW is reaching the final stages of the planning process (22 January 2010)

Fairfax reports on an adverse result for farmers mounting a legal challenge to coal exploration in NSW (22 January 2010)

Moneycontrol.com reports that Australian coal exporter Xstrata struck a deal with Tokyo Electric Power Co for $85 a ton Australian thermal coal in 2010 (23 January 2010)

Scoop reports that the Cook islands government has announced the introduction of a Carbon Emissions Bill (23 January 2010)

The Tasmanian Government has announced plans for a $21 Million investment in renewable energy for Bass Straight islands (23 January 2010)

CNN money reports Australian Federal Minister for Resources and Energy Martin Ferguson saying an international price on carbon was inevitable (23 January 2010)

Queensland Fuels reports on 3 Reasons Why Your Solar Panel Should Be Cheaper Than Twelve Months Ago (24 january 2010)

Upstream Online and the Wall Street Journal report on strike action by employees at Woodside petroleum’s Pluto LNG project (25 January 2010) Bloomberg reports Woodside is considering legal action after the strike was declared invalid by the courts (27 January 2010)

The NZ Herald reports on a fire that led to extensive blackouts from Waikato to Northland (25 January 2010) and stuff.co.nz reports )that the electricity workers were barred by the property owner from accessing the site of the fire, leading to police seizing 11 guns from the property, while Voxy.co.nz reports that power companies are investigating compensation options to customers affected by the outage (26 January 2010)
Fairfax reports on pitfalls for consumers related to carbon trading (26 January 2010)

Chevron has announced a further gas discoveries in the greater Gorgon field (26 January 2010)

Fairfax and AAP report that Macarthur Coal predicts increase in demand for coal in 2010 (27 January 2010)

News Limited reports that Fall River Resources has expanded its reach within South Australia’s geothermal belt with eight exploration licences.  (27 January 2010)

The Wall Street Journal reports that Australian coal mining company Peabody resources suffered a fourth quarter earnings drop of 69 percent , but Peabody claims that demand from China will grow in 2010 (26 January 2010)

Bloomberg and Reuters UK reports that Arrow Energy has announced a 50 percent increase in gas reserves held under its licences in Qld  (27 January 2010)

Meridian has welcomed a court decision granting development approval to its NZ Central Wind Farm  (27 January 2010)

Australian Energy Review and its republishers takes no responsibility for investment decisions made on the basis of information supplied. Readers should conduct their own independent due diligence before investing. All dollar figures quoted are Australian Dollars unless otherwise noted.

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