01 August 2023
01 August 2023
Lobbyists claim that hydrogen from mixed energy sources should also be eligible for tax credits.
The new pipeline connects the Dampier-to-Bunbury natural gas pipeline to the Goldfields gas pipeline.
Kuwait and Saudi Arabia also hold claims on the gas field, which they agreed to jointly develop without Iran.
The slump in earnings was attributed to lower natural gas realisations and industry refining margins.
The first licence will be issued this autumn, with at least 100 licences set for approval in the next round.
Adjusted profit before tax slumped 41% to €3.67bn.
Europa holds a 40% stake in the licence, which features the Cloughton gas discovery.
Sunak has confirmed funding for the Acorn CCS Project in St Fergus, Aberdeenshire.
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