28 January 2021
Australia’s major emitters could soon have the opportunity to publish the details of carbon offsets they have purchased, alongside their annual greenhouse gas emissions, under a new proposal being considered by the Clean Energy Regulator.
While few details about the proposed carbon offsets report are currently publicly available, it is understood that the Clean Energy Regulator will soon be launching a process of consultation on a new reporting scheme to allow corporate emitters to detail their purchases of carbon offsets.
Around 420 of Australia’s largest greenhouse gas emitters are required to report their annual emissions and energy use, with the information published under the National Greenhouse and Energy Reporting (NGER) scheme administered by the regulator.
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Santos has released its 2020 Fourth Quarter Activities Report. The key findings of the report are outlined below.
Record annual production at top end of upgraded guidance:
Record annual production of 89 million boe, 18% above the prior year and at the top end of upgraded guidance provided in December.
Record quarterly production of 25.4 million boe, 1% above the prior quarter.
Record quarterly sales volumes of 31.1 million boe, 7% above the prior quarter.
Record annual sales volumes of 107.1 million boe. generated annual sales revenue of US$3.4 billion.
Fourth quarter sales revenue of US$922 million, up 16%, primarily due to stronger LNG sales volumes (up 23%) and prices (up 25%).
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Executive director Hugh Grossman said companies were looking to acquire offsets while carbon prices remain undervalued and even as the federal government holds off on committing to net zero emissions this side of 2050.
Voluntary corporate demand is one of several factors underpinning a 5 per cent gain in Australian carbon prices to $16.63 a tonne and expectations of higher prices to come. Prices are now on a par with their pre-COVID-19 levels of early March 2020 but still below levels of early January last year.
Tree planting projects can generate carbon credits used by polluters to offset their emissions.
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12/20/2020 | 06:50pm
Perth, Australia (ABN Newswire) - Torian Resources Limited (ASX:TNR) is pleased to advise that via its wholly owned subsidiary Tarmoola Holdings Pty Ltd (THP) it has entered into an exclusive option agreement to purchase the 172,662Ha (424,748 Acre) Tarmoola Station.
The majority of Torian s Mt Stirling Gold Project including the Mt Stirling, Stirling Well, numerous historical Au workings, and much of the Diorite prospects and historical mines and workings, falls within the bounds of Tarmoola Station. Approximately 50% of the pastoral lease is covered by mining / exploration leases, with the station hosting numerous operating and abandoned mines including Red 5 Ltd s KOTH Operation; Round Oak Minerals Jaguar Project and the operating Bentley underground mine.
Torian Resources Limited (ASX:TNR) Enters Into Agreement to Acquire Tarmoola Station
Enters Into Agreement to Acquire Tarmoola StationPerth, Dec 21, 2020 AEST (ABN Newswire) - Torian Resources Limited (
ASX:TNR) is pleased to advise that via its wholly owned subsidiary Tarmoola Holdings Pty Ltd (THP) it has entered into an exclusive option agreement to purchase the 172,662Ha (424,748 Acre) Tarmoola Station.
The majority of Torian s Mt Stirling Gold Project including the Mt Stirling, Stirling Well, numerous historical Au workings, and much of the Diorite prospects and historical mines and workings, falls within the bounds of Tarmoola Station. Approximately 50% of the pastoral lease is covered by mining / exploration leases, with the station hosting numerous operating and abandoned mines including Red 5 Ltd s KOTH Operation; Round Oak Minerals Jaguar Project and the operating Bentley underground mine.