Australian Labor to Bolster Oil Agency If Re-elected
This article is for subscribers only.
Australia’s governing Labor Party would expand the powers of the National Offshore Petroleum Safety Authority should it win re-election on Aug. 21, Resources and Energy Minister Martin Ferguson said.
Australia may create a single offshore oil and gas regulator, Ferguson said at a conference in Perth today. The government is still studying a June report into last year’s oil spill from PTT Exploration & Production Pcl’s Montara well and won’t release the findings before next weekend’s vote, he said.