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WA Premier can’t shield text messages with AG about Mineralogy bill
Defamation 2022-01-19 4:53 pm By Cindy Cameronne

Clive Palmer has won his bid to view text messages between Western Australian premier Mark McGowan and the state attorney-general discussing a bill to ban the billionaire mining magnate from suing the state for $30 billion.

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INPEX, JKC settle spat over $45B Ichthys LNG project
Energy & Natural Resources 2022-01-19 11:12 am By Bianca Hrovat

Japanese oil and gas producer INPEX and contractor JKC Australia have settled all claims between them relating to the construction of the $45 billion of Ichthys LNG project.

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ExxonMobil takes $182M dispute with ATO to court
Tax 2022-01-17 5:58 pm By Cindy Cameronne

Oil company ExxonMobil has appealed decisions by the Australian Taxation Office to refuse deductions on profits from the sale of petrol from the largest oil field in Australia, claiming its taxable profits over four years should be reduced by $181.8 million.

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ACCC zaps CovaU with $33,000 penalty over missing price comparisons
Competition & Consumer Protection 2022-01-12 5:12 pm By Bianca Hrovat

Energy retailer CovaU has been hit with $33,300 in penalties by the Australian Competition and Consumer Commission over its alleged failure to provide consumers with a percentage price comparison for its residential electricity plans.

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‘Capricious’ conduct by Morrison government dooms Beetaloo gas contract
Energy & Natural Resources 2021-12-23 5:42 pm By Miklos Bolza

A judge has voided contracts between the Morrison government and a subsidiary of Empire Energy for gas exploration in the Beetaloo Basin after finding the decision to enter the agreement in the midst of litigation was “legally unreasonable or capricious”.

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Ex-Antares Energy CEO banned for misleading market about $354M Texas oil sale
Securities 2021-12-17 6:20 pm By Miklos Bolza

The former CEO and chairman of Antares Energy has been banned from managing corporations for four years and hit with a $40,000 penalty for failing to disclose to the market the buyer behind an ill-fated US$254 million acquisition of Texas oil assets.

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Ian Macdonald, Obeids to spend Christmas in prison
Energy & Natural Resources 2021-12-17 4:16 pm By Cat Fredenburgh

A judge has rejected a request for bail by NSW Labor Minister Ian Macdonald, Eddie Obeid and his son Moses as they appeal their convictions for conspiring to rig a tender process and secure a coal mining exploration licence for the Obeids’ land in the Bylong Valley.

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Funder of Qld energy class action takes on MIS rules in appeal
Class Actions 2021-12-16 7:00 pm By Miklos Bolza

A litigation funder has taken aim at a landmark judgment in an appeal of a ruling that found its funding arrangement with group members in a class action against Queensland energy suppliers was a managed investment scheme.

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ACCC clears Woodside’s $41B takeover of BHP unit
Competition & Consumer Protection 2021-12-16 5:51 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has will not oppose Woodside Petroleum’s $41 billion acquisition of BHP Petroleum International, saying the oil and gas giant would have no incentive to reduce domestic gas supply.

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PTTEP appeals win for Indonesian seaweed farmers in oil spill class action
Appeals 2021-12-15 5:08 pm By Cat Fredenburgh

Oil exploration company PTTEP has appealed a judge’s findings that oil that gushed from one of its wells in the Timor Sea in 2009 reached the coasts of Indonesian islands and damaged the crops of local seaweed farmers.

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