Labor threatens oil giants with emergency offshore clean-up levy
Labor warned major oil companies on Wednesday of a potential $200 million levy for the decommissioning of the Cliff Head oil platform after Pilot Energy entered administration. Federal Resources Minister Madeleine King stated taxpayers will not bear the costs, citing weaknesses in current offshore regulations. The situation raises concerns about financial responsibilities among smaller operators amidst increasing environmental scrutiny.
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 15 Jul 2026, 19:00 UTC · Updated 15 Jul 2026, 19:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
Trending
- AFLW star Zarlie Goldsworthy goes viral with TikTok reaction video
- Sick petrel found on Noosa beach tested for bird flu
- Australia's highest-paid chief executives revealed
- Jewish professor says 'intimidating' protest changed his life on campus
- Australian government refuses assistance for 13 suspected ISIS detainees’ return
- Pokémon Go marks 10th anniversary with events and over one billion downloads