Search results for: ACCC

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  • 23 October 2015

    Halliburton’s $35 billion acquisition of Baker Hughes will have to wait some more as the Australian Competition and Consumer Commission (ACCC) has delayed its final decision on the acquisition until December due to competition concerns.  Namely, the ACCC has released a Statement of Issues on the proposed acquisition by Halliburton of Baker Hughes. The ACCC is inviting further submissions […]

  • 19 November 2015

    After several delays in making a decision, the Australian Competition and Consumer Commission (ACCC) has informed it will not oppose Shell’s $70 billion acquisition of BG Group. Commenting on ACCC clearance Shell CEO, Ben van Beurden, said: “The addition of BG’s integrated gas assets in Australia to Shell’s global portfolio is one of the main […]

  • 8 October 2018
    Business & Finance

    Newcastle Port should reduce its current charge for ships entering the port to carry Glencore’s coal, ACCC determined. 

  • 19 November 2015
    Business & Finance

    The Australian Competition and Consumer Commission (ACCC) announced that it will not oppose the proposed USD 70 billion acquisition of BG Group by Royal Dutch Shell. The ACCC considered whether the proposed acquisition would reduce the supply of gas or reduce competition to supply gas, to domestic customers by aligning Shell’s interest in Arrow Energy with BG’s LNG […]

  • 17 September 2015

    The Australian Competition and Consumer Commission voiced its concerns over issues on the proposed acquisition by Royal Dutch Shell of BG Group.

  • 8 September 2010

    The Australian Competition and Consumer Commission proposes to grant conditional authorisation to the joint venture partners in the North West Shelf Gas Project to jointly market and sell their individual domestic gas entitlements for supply in Western Australia. Since 1984, when the North West Shelf began production, it has supplied the majority of WA’s natural […]

  • 3 May 2016

    The Australian Competition and Consumer Commission (ACCC) has discontinued its review of Halliburton’s proposed acquisition of Baker Hughes after their announcement that they had abandoned the deal. The world’s second and third biggest oilfield services providers, Halliburton and Baker Hughes, decided to terminate the merger agreement, entered into in November 2014, following a series of […]

  • 16 November 2016
    Business & Finance

    Sydney-based mining company Glencore Coal Assets Australia (Glencore) has called for an arbitration to settle an access dispute with Port of Newcastle Operations (PNO) in relation to the shipping channel service at the port, according to the Australian Competition and Consumer Commission (ACCC). Glencore requested that the ACCC arbitrate on the dispute, which relates to the level of access […]

  • 1 December 2011

    The Australian Competition and Consumer Commission has announced that it will not oppose the proposed acquisition of Bow Energy by Arrow Energy Holdings. “The ACCC formed the view that the proposed acquisition of Bow Energy would be unlikely to substantially lessen competition in the wholesale supply of gas to domestic users,” ACCC chairman Rod Sims […]

  • 7 November 2016
    Business & Finance

    An increased competition in Australia’s container stevedoring has pushed prices to their lowest level in seventeen years, according to the Australian Competition and Consumer Commission’s (ACCC) 2015-2016 Container Stevedoring Monitoring Report. The drop in prices reflects increasing competition between stevedores as they attempt to retain and/or win new shipping line customers, ACCC said. “Australia’s container stevedoring […]

  • 19 November 2015

    The Australian Competition and Consumer Commission said on Thursday it will not oppose the proposed $70 billion acquisition of BG by Royal Dutch Shell.

  • 19 February 2016

    The ACCC said in a statement on Thursday it has granted a conditional interim authorisation to the Australia Pacific LNG, GLNG and QCLNG facilities to discuss their plans for maintenance at each facility in the second half of 2016.

  • 14 April 2016

    Australian Competition and Consumer Commission on Thursday granted a five-year permission to LNG projects on Curtis Island near Gladstone to discuss their maintenance schedules, maintenance providers, and maintenance techniques.

  • 18 July 2016
    Business & Finance

    Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has pleaded guilty to criminal cartel conduct in Australia’s federal court, Australian Competition and Consumer Commission (ACCC) said.  “This is the first criminal charge laid against a corporation under the criminal cartel provisions of the Competition and Consumer Act,” ACCC Chairman Rod Sims said. “This matter relates to […]

  • 28 November 2019
    Business & Finance

    The dispute was primarily about the charge for ships entering the Port of Newcastle to export Glencore’s coal. 

  • 3 December 2015
    Business & Finance

    The Australian Competition and Consumer Commission has given the green light to Viterra’s proposal to introduce long term agreements (LTAs) to allocate port capacity at its six South Australian bulk wheat ports. Long term agreements will replace the current auction system as the primary method of allocating shipping capacity at Viterra’s South Australian ports. As […]

  • 10 December 2018
    Business & Finance

    ACCC has taken legal action against NSW Ports for allegedly making anti-competitive and illegal deals.

  • 9 December 2019
    Business & Finance

    ACCC has instituted court proceedings against TasPorts for the alleged misuse of market power.

  • 5 March 2015

    The Australian Competition and Consumer Commission said it will not oppose Woodside’s proposed acquisition of Apache Corporation’s interests in the Wheatstone, Balnaves and Kitimat projects.

  • 28 November 2019
    Business & Finance

    The Australian Competition and Consumer Commission (ACCC) has applied to the Federal Court for a review of the Australian Competition Tribunal’s recent decision on the terms of access by Glencore Coal Assets Australia Pty Ltd to certain services at the Port of Newcastle. The Tribunal re-arbitrated an access dispute between Glencore and Port of Newcastle […]

  • 5 April 2018
    Business & Finance

    Japan’s shipping major K Line has pleaded guilty to criminal cartel conduct in Australia’s Federal Court, ACCC said.

  • 1 March 2018

    ACCC is proposing to allow a deal between the Port of Brisbane and Carnival to build a cruise terminal.