IEEFA: $5.1 Billion Spend on Offshore Gas Exploration Until 2027 Could Have Fostered 2.5GW of Renewable Capacity and 4,800 Jobs
September 21, 2021
September 21, 2021
CLEVELAND, Ohio, Sept. 21 (TNSRep) -- The Institute for Energy Economics and Financial Analysis issued the following news release:
Increasing issuance of exploration permits over production, the Australian government has given the green light to oil and gas giants including Santos and Woodside to potentially spend $AUD5.1 billion throughout the next six years on risky offshore exploration activities despite industry-low success rates and the global energy transition, finds a new rep . . .
Increasing issuance of exploration permits over production, the Australian government has given the green light to oil and gas giants including Santos and Woodside to potentially spend $AUD5.1 billion throughout the next six years on risky offshore exploration activities despite industry-low success rates and the global energy transition, finds a new rep . . .