Tag: coal

In its final editorial of peak oil demand series, Wood Mackenzie looks at the consequences of peak oil demand on gas, noting that it sees an 1.6% growth to 2035. As explained, many oil majors are talking about reshaping their supply portfolio towards gas, in response to concerns about peak oil demand.

The Port of Newcastle has already accepted investments for the new cruise terminal and non-coal freight facilities. This is important, but a further development of the port is necessary for it to keep up with Hunter and NSW economy.