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Australia Put a Lid on Rising Energy Prices. Some Warn It Was a Mistake.

Lawmakers say an experiment with price controls has helped consumers, but natural-gas producers argue it is stifling investment. Lawmakers say an experiment with price controls has helped consumers, but natural-gas producers argue it is stifling investment. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Indigenous Australian Clan Scores Landmark Legal Win Against Santos Energy Project

SYDNEY—An indigenous clan on remote islands in northern Australia scored a legal victory against energy giant Santos Ltd. , in a case that could have a wide-ranging impact on how resource companies handle relations with traditional landowners. On Wednesday, an Australian judge threw out a regulator’s approval of Santos’s environmental plan to drill for natural gas in the Barossa gas field, about 85 miles off the coast of the Tiwi Islands near Darwin. The case…