Sentences with word «gasfield»

In the case of gas, Petroleum Resource Rent Tax (PRRT) also applies, but due to its design as a «super profits» tax, new gasfields are unlikely to pay any PRRT for a decade or more, and in the meantime PRRT «credits» reduce the amount of company tax payable.

The Eurozone is, after a brief hiatus, melting again (although according to the latest reports, Russia is taking neo-colonialism to new heights by offering to subsidise the Cypriot bailout in return for gasfield exploration rights).

According to this article, ExxonMobil (Esso) has bought the Dory gasfield in the Gippsland Basin which could contain up to 2 trillion cubic feet of gas, and has contracted a rig to drill the deep water off the coast of Victoria in the third quarter of 2018.

Some sort of gas reserve legislation might be useful to ensure gas exports don't leave us short, but we don't need to approve any new gasfields.

Hawkins is on an anti-fracking truth - telling barnstorming tour after visiting the gasfields of Susquehanna County in Pennsylvania.

Contributed by Marianne Stuart, Team Leader Groundwater Protection with the British Geological Survey Outcrop of main black shale formations in UK and selected oil and gas wells and gasfields.

Currently, as soon as one proposed new coal mine, gasfield, or oil well is successfully stopped as a result of community opposition based around local environmental impacts or other non-climate reasons, another similar proposal nearby or elsewhere takes its place.more...

The fossil fuel narrative in this article tackles the myths that tend to give a degree of social licence to new coal mines and gasfields.

In outline the myth - breaking narrative is: — Australia does not need to open any new coal mines or gasfields for its own use — The output from all new coal mines and gasfields will be exported — Royalty, subsidy, and tax figures show just how little benefit Australia receives from fossil fuel exports — Fossil fuel exports cause immense climate damage despite flying under the carbon reduction target radar

There are a number of major new gasfields being proposed, including several potentially enormous gasfields in NT, Santos's proposed Narrabri gasfield, the new Dory gasfield off the Gippsland coast, and the recently approved exploration licence for gas off the coast of NSW.