2011 offshore petroleum exploration acreage release

2011 ◽  
Vol 51 (1) ◽  
pp. 1
Author(s):  
Tania Constable
Keyword(s):  
Sustainable Development ◽  
Energy Consumption ◽  
Energy Security ◽  
Petroleum Exploration ◽  
China And India ◽  
Investment Opportunities ◽  
Petroleum Reserves ◽  
Economic Considerations ◽  
Water Depths ◽  
Offshore Petroleum

Australia has abundant natural gas reserves and is presently the world's fourth largest exporter of LNG. New projects and strengthening demand, led by rising energy consumption in China and India, is expected to increase Australia’s ranking to second by 2015. The discovery of new petroleum reserves also has the potential to reduce Australian energy import dependence and increase supply certainty.With sustainable development and energy security in mind, the Department of Resources, Energy and Tourism is leading the development of the Government’s resources policy to facilitate investment in Australia’s upstream petroleum industry.The 2011 Australian Offshore Petroleum Exploration Acreage Release offers the global petroleum exploration industry a variety of investment opportunities. Release areas are located across nine basins, vary in size and level of existing geological knowledge, are located in a range of water depths, and are supported by pre-competitive and open-file geological and geophysical data.The Acreage Release is underpinned by a stable economic environment and well established regulatory framework, which seeks to balance environmental, social and economic considerations during the development of Australia’s natural resources.The detailed Acreage Release information package is available at online at www.petroleum-acreage.gov.au or by visiting the Commonwealth Government’s booth at the APPEA conference.

2012 offshore petroleum exploration acreage release

2012 ◽  
Vol 52 (1) ◽  
pp. 1
Author(s):  
Tania Constable
Keyword(s):  
Natural Gas ◽  
Production Capacity ◽  
Investment Decisions ◽  
Rapid Expansion ◽  
Petroleum Exploration ◽  
Australian Government ◽  
Investment Opportunities ◽  
Water Depths ◽  
Made In ◽  
Offshore Petroleum

Australia has abundant natural gas reserves and is experiencing a rapid expansion of its liquefied natural gas (LNG) production capacity. In 2011 alone, four Australian LNG projects received final investment decisions (FIDs) and another FID was made in the first weeks of 2012. These projects will add more than 33 million tonnes of new LNG capacity, represent more than $100 billion in investment, and will see Australia become the world’s second largest LNG exporter by 2015. These projects are underpinned by Australia’s stable economic environment and our effective and efficient legislative regime that provides the industry the confidence to pursue a variety of investment opportunities. The essential first step covered by this regime is exploration, which is supported by Australia’s annual Offshore Petroleum Exploration Acreage Release. Prepared by the Department of Resources, Energy and Tourism and Geoscience Australia, the annual Acreage Release is the key mechanism used by the Australian Government to encourage investment in petroleum exploration. The 2012 Acreage Release areas have been carefully selected to offer the global petroleum exploration industry a variety of investment opportunities. Areas vary in size, level of existing geological knowledge, and are located in a range of water depths. Selected areas are supported by pre-competitive geological and geophysical data and analysis undertaken by Geoscience Australia. The detailed Acreage Release information package is available at online at www.petroleum-acreage.gov.au or by visiting the Commonwealth Government’s booth at the APPEA conference.

2010 Offshore petroleum exploration release

2010 ◽  
Vol 50 (1) ◽  
pp. 1
Author(s):  
John Hartwell
Keyword(s):  
Water Depth ◽  
Regulatory Framework ◽  
Geophysical Data ◽  
Petroleum Exploration ◽  
Economic Environment ◽  
Geological Data ◽  
Australian Government ◽  
Investment Opportunities ◽  
Offshore Petroleum

The sustainable annual release of quality petroleum exploration acreage, to provide the global petroleum exploration industry with a variety of investment opportunities in Australian waters, is a key objective of the Australian Government. The annual Offshore Petroleum Exploration Acreage Release (Acreage Release) is underpinned by Australia’s stable economic environment and well-established regulatory framework for offshore petroleum activities. The 2010 Acreage Release areas are located across five basins. Release areas have been carefully selected to offer a range of investment opportunities; areas vary in size, known prospectivity, water depth and level of existing geological data and knowledge. Areas are supported by pre-competitive geological and geophysical data and analysis undertaken by Geoscience Australia.

2013 offshore petroleum exploration acreage release

2013 ◽  
Vol 53 (1) ◽  
pp. 63
Author(s):  
Tania Constable
Keyword(s):  
Capital Expenditure ◽  
Petroleum Industry ◽  
Production Capacity ◽  
Rapid Expansion ◽  
Petroleum Exploration ◽  
Production Models ◽  
Investment Opportunities ◽  
Trading Partners ◽  
Under Construction ◽  
Offshore Petroleum

Exploration is essential for the future of Australia’s resources sector, to enhance our international competitiveness and ensure the long-term growth of this important industry while maintaining Australian energy security and that of our major energy trading partners. Encouraging investment in offshore petroleum exploration is facilitated though the annual Offshore Petroleum Exploration Acreage Release prepared in collaboration between the Department of Resources, Energy and Tourism, and Geoscience Australia. The annual release is underpinned by a stable economic environment, and a regulatory framework that provides the industry with a variety of investment opportunities. Australia has abundant natural gas reserves and is experiencing a rapid expansion of its LNG production capacity. Today, Australia is the world’s fourth-largest exporter of LNG, with a total export capacity of 24.3 million tonnes per annum from its three operational projects. Capacity will further increase to around 80 million tonnes per annum in 2017 once the seven projects presently under construction come online. These projects represent more than US$175 billion in capital expenditure announced since mid-2007, and result in Australia becoming the only country to use three LNG production models: conventional offshore gas with onshore LNG production; FLNG production; and, CSG-based LNG production. This paper will provide detail about the acreage included in the 2013 Offshore Petroleum Exploration Acreage Release. Areas are carefully selected to offer the global petroleum industry a variety of investment opportunities. This paper will also discuss the supporting regulatory environment and new government initiatives, including the introduction of a five-year exploration strategy for acreage release and the introduction of a cash bidding system as part of future offshore petroleum acreage releases.

Strategies to balance energy security, business, trade and sustainable development: selected case studies†

2020 ◽  
Vol 13 (2) ◽  
pp. 95-99
Author(s):  
Paolo Davide Farah
Keyword(s):  
Sustainable Development ◽  
Energy Consumption ◽  
Energy Policy ◽  
Energy Security ◽  
Cultural Development ◽  
Energy Sources ◽  
Low Carbon ◽  
Negative Effects ◽  
Balance Energy ◽  
Security Business

Abstract Energy is pivotal for socio-economic and cultural development. Last century witnessed a drastic increase, on one hand on the consumption of energy and, on the other on greenhouse gases emissions. Traditionally, energy security has been linked with the need to guarantee supply and, in turn, enables economic growth. Against this background, countries focused on diversifying both energy sources and trade partners while at the same time increasing investment in energy infrastructure and technology. Investment in low-carbon energy sources for enhancing national energy policies prompts for a new understanding of energy security. The aim is, in fact, not anymore limited to securing provision but also to strengthen diversification and counteract the negative effects of energy consumption on the environment. The need to include a sustainability component to energy in trade, business and in the society at large, is adding a further layer of complexity in shaping national and international energy policy. Strategies to balance energy security, business, trade, and sustainable development are urgently needed in the Anthropocene. Creative and innovative approaches to energy policy could be found in countries where energy consumption is on a steady rise and environmental degradation is crystal clear.

2008 offshore petroleum exploration acreage release

2008 ◽  
Vol 48 (1) ◽  
pp. 357
Author(s):  
John Hartwell
Keyword(s):  
Full Range ◽  
Petroleum Exploration ◽  
Tax Incentive ◽  
Water Depths ◽  
Offshore Petroleum

The 2008 Offshore Petroleum Acreage Release comprises 35 areas located across five basins. The areas cover a full range of water depths, and range from frontier to mature in exploration status and offer opportunities for exploration companies of all sizes. Seven of these release areas are classified as Designated Frontier Areas and are subject to the frontier exploration tax incentive. losing dates for applications are: the first bidding round for 17 areas closes on 9 October 2008; and, the second bidding round for a further 18 areas closes on 9 April 2009.

SMART NETWORKS FOR DIGITALIZATION OF URBAN ECONOMY WITHIN THE FRAMEWORK OF THE “SMART CITY”

2020 ◽  
Vol 3 (8) ◽  
pp. 21-27
Author(s):  
S. V. PROKOPCHINA ◽  
Keyword(s):  
Energy Consumption ◽  
Internal Energy ◽  
Energy Management ◽  
Energy Security ◽  
Smart City ◽  
Urban Economy ◽  
Training Center ◽  
Energy Audit ◽  
Intelligent Networks ◽  
Industrial Energy

The article deals with methodological and practical issues of building Bayesian intelligent networks (BIS) for digitalization of urban economy based on the principles of the “Smart city” concept. The BIS complex as a whole corresponds to the architecture of urban household management complexes for construction and industrial energy purposes for solving the problems of internal energy audit, accounting for energy consumption, ensuring energy security of enterprises and territories, in Addition, the system can become the basis for the implementation of a training center for energy management and housing.

scholarly journals An Improved Forecasting Method and Application of China’s Energy Consumption under the Carbon Peak Target

2021 ◽  
Vol 13 (15) ◽  
pp. 8670
Author(s):  
Xiwen Cui ◽  
Shaojun E ◽  
Dongxiao Niu ◽  
Dongyu Wang ◽  
Mingyu Li
Keyword(s):  
Sustainable Development ◽  
Energy Consumption ◽  
Environmental Pollution ◽  
Optimization Methods ◽  
Support Vector ◽  
The Sustainable Development ◽  
Consumption Data ◽  
Forecasting Method ◽  
Forecasting Performance ◽  
Carbon Peak

In the process of economic development, the consumption of energy leads to environmental pollution. Environmental pollution affects the sustainable development of the world, and therefore energy consumption needs to be controlled. To help China formulate sustainable development policies, this paper proposes an energy consumption forecasting model based on an improved whale algorithm optimizing a linear support vector regression machine. The model combines multiple optimization methods to overcome the shortcomings of traditional models. This effectively improves the forecasting performance. The results of the projection of China’s future energy consumption data show that current policies are unable to achieve the carbon peak target. This result requires China to develop relevant policies, especially measures related to energy consumption factors, as soon as possible to ensure that China can achieve its peak carbon targets.

scholarly journals Mechanisms of Environmental Regulation’s Impact on Green Technological Progress—Evidence from China’s Manufacturing Sector

2021 ◽  
Vol 13 (4) ◽  
pp. 1600
Author(s):  
Weijiang Liu ◽  
Mingze Du ◽  
Yuxin Bai
Keyword(s):  
Sustainable Development ◽  
Energy Consumption ◽  
Technological Change ◽  
Environmental Protection ◽  
Technological Progress ◽  
Manufacturing Industry ◽  
Manufacturing Sector ◽  
The Sustainable Development ◽  
Biased Technological Change ◽  
Chinese Manufacturing Industry

As the world’s largest developing country, and as the home to many of the world’s factories, China plays a crucial role in the sustainable development of the world economy regarding environmental protection, energy conservation, and emission reduction issues. Based on the data from 2003–2015, this paper examined the green total factor productivity and the technological progress in the Chinese manufacturing industry. A slack-based measure (SBM) Malmquist productivity index was used to measure the bias of technological change (BTC), input-biased technological change (IBTC), and output-biased technological change (OBTC) by decomposing the technological progress. It also investigated the mechanism of environmental regulation, property right structure, enterprise-scale, energy consumption structure, and other factors on China’s technological progress bias. The empirical results showed the following: (1) there was a bias of technological progress in the Chinese manufacturing industry during the research period; (2) although China’s manufacturing industry’s output tended to become greener, it was still characterized by a preference for overall CO2 output; and (3) the impact of environmental regulations on the Chinese manufacturing industry’s technological progress had a significant threshold effect. The flexible control of environmental regulatory strength will benefit the Chinese manufacturing industry’s technological development. (4) R&D investment, export delivery value, and structure of energy consumption significantly contributed to promoting technological progress. This study provides further insight into the sustainable development of China’s manufacturing sector to promote green-biased technological progress and to achieve the dual goal of environmental protection and healthy economic growth.

scholarly journals A Review on Energy and Renewable Energy Policies in Iran

2021 ◽  
Vol 13 (13) ◽  
pp. 7328
Author(s):  
Saeed Solaymani
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Causal Relationship ◽  
Energy Security ◽  
Fossil Fuels ◽  
Agricultural Products ◽  
Energy Resources ◽  
Causality Analysis ◽  
Renewable Energy Consumption

Iran, endowed with abundant renewable and non-renewable energy resources, particularly non-renewable resources, faces challenges such as air pollution, climate change and energy security. As a leading exporter and consumer of fossil fuels, it is also attempting to use renewable energy as part of its energy mix toward energy security and sustainability. Due to its favorable geographic characteristics, Iran has diverse and accessible renewable sources, which provide appropriate substitutes to reduce dependence on fossil fuels. Therefore, this study aims to examine trends in energy demand, policies and development of renewable energies and the causal relationship between renewable and non-renewable energies and economic growth using two methodologies. This study first reviews the current state of energy and energy policies and then employs Granger causality analysis to test the relationships between the variables considered. Results showed that renewable energy technologies currently do not have a significant and adequate role in the energy supply of Iran. To encourage the use of renewable energy, especially in electricity production, fuel diversification policies and development program goals were introduced in the late 2000s and early 2010s. Diversifying energy resources is a key pillar of Iran’s new plan. In addition to solar and hydropower, biomass from the municipal waste from large cities and other agricultural products, including fruits, can be used to generate energy and renewable sources. While present policies indicate the incorporation of sustainable energy sources, further efforts are needed to offset the use of fossil fuels. Moreover, the study predicts that with the production capacity of agricultural products in 2018, approximately 4.8 billion liters of bioethanol can be obtained from crop residues and about 526 thousand tons of biodiesel from oilseeds annually. Granger’s causality analysis also shows that there is a unidirectional causal relationship between economic growth to renewable and non-renewable energy use. Labor force and gross fixed capital formation cause renewable energy consumption, and nonrenewable energy consumption causes renewable energy consumption.

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