Business 15 | NT Independent
Tamboran reaches final investment decision for Beetaloo joint venture; takes over Falcon Oil and Gas

Tamboran reaches final investment decision for Beetaloo joint venture; takes over Falcon Oil and Gas

Tamboran Resources announced that its Beetaloo Joint Venture (BJV) has reached a Final Investment Decision (FID) for the Shenandoah South pilot project and that it has acquired Falcon Oil and Gas, while the NT Government announced that taxpayers will underwrite $75 million of a $180 million loan for a new compression facility to bring Beetaloo gas to market.

NT Govt spent $2 million over five years to recover $900k defrauded through IEPS scheme

NT Govt spent $2 million over five years to recover $900k defrauded through IEPS scheme

The Department of Infrastructure, Planning and Logistics under former senior bureaucrat Andrew Kirkman spent $2 million on a deeply flawed and painfully slow internal investigation into the rorting of millions of taxpayer dollars through the Indigenous Employment Provisional Sum scheme by dozens of Territory contractors, that led to the recovery of only $900,000, new internal government documents show.

Plan to prosecute Empire dropped in favour of ‘behaviour change encouragement letter’: Internal report

Plan to prosecute Empire dropped in favour of ‘behaviour change encouragement letter’: Internal report

An internal government report into a fracking legislation breach by Empire Energy – now called Beetaloo Energy Australia – shows that while the NT Government first recommended prosecuting the company because a fine was considered an insufficient deterrent, it later decided to send a letter to “encourage behaviour change” instead.

NT Business News – September 26

NT Business News – September 26

Business news from across the Northern Territory: Latest highlights include APA Group commencing Beetaloo pipeline construction, $1.5B in trade relations showcased as NT heads to World Expo 2025 in Japan, and the NT Government launches October Business Month. Also making resource news is KGL Resources making progress on the Jervois Copper Project in the NT.

October Business Month kicks off next week

October Business Month kicks off next week

The October Business Month 2025 program will see over 70 event partners holding over 200 events throughout the month, with local and national business leaders providing insight through inspirational speeches and plenty of professional development opportunities and seminars across the Territory.

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