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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 9 sources · 26 days · First seen · Last updated
Queensland resource and energy sector expansion
Overview
The Queensland government has expanded resource exploration and energy infrastructure development across the state. Initial efforts focused on awarding new acreage for vanadium, coal, and petroleum, including significant land grants in the North West Minerals Province and the Taroom Trough.
Subsequent developments show an acceleration in onshore gas exploration, with companies reporting drilling results in the Taroom Trough and Bowen Basin. This activity coincides with rising Asian spot prices following global LNG supply disruptions. Additionally, the state has moved toward infrastructure procurement by shortlisting four companies to develop 400 megawatts of new gas-fired power station capacity in central Queensland by 2032 to support energy security.
Entities
Queensland Government · Idemitsu Australia · AGL · Quinbrook · Anza Power
Timeline
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[BUSINESS] 7 sourcesQueensland expands gas exploration and power generation tenders
Queensland is seeing a surge in onshore gas exploration and has shortlisted four companies to develop 400MW of new gas-fired power capacity to bolster energy security and meet demand.
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[BUSINESS] 2 sourcesQueensland awards new vanadium, coal, and gas exploration acreage
Queensland has awarded new exploration acreage for vanadium, coal, and petroleum, including significant land releases in the Taroom Trough and Bowen Basin to various industry consortia.
Sources
arise.tv · asiatimes.com · australianmining.com.au · epochtimes.com · esdnews.com.au · europesays.com · greenmountain.no · reneweconomy.com.au · stockhead.com.au