Search results for: Australian Competition and Consumer Commission (ACCC)

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  • 18 February 2020

    Australian Competition and Consumer Commission (ACCC) noted that the 2020 supply-demand outlook in the east coast gas market has improved and LNG netback prices have decreased.

  • 7 September 2011

    The Australian Competition and Consumer Commission (ACCC) has cleared Australian independent Santos and utility TRUenergy’s takeover of New… (argusmedia) [mappress] Source: argusmedia, September 7, 2011;

  • 16 November 2018

    Australian Competition and Consumer Commission (ACCC) has cleared Santos’ $2.15 billion acquisition of Quadrant Energy.  

  • 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 […]

  • 15 November 2016
    Business & Finance

    Japan-based shipping company Kawasaki Kisen Kaisha (K Line) is facing criminal charges in relation to alleged cartel conduct concerning the international shipping of cars, trucks, and buses to Australia between July 2009 and September 2012. Australian Competition and Consumer Commission (ACCC) said that the criminal charges have been laid against the company and that the matter […]

  • 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 […]

  • 11 August 2016
    Business & Finance

    After it looked into potential cross-ownership interests and vertical relationships related to the Port of Melbourne, NSW Ports, and the Port of Brisbane, the Australian Competition and Consumer Commission (ACCC) said that it “will not oppose” two separate proposals by consortia to acquire the 50-year lease of the Port of Melbourne. The ACCC’s review of both the […]

  • 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 […]

  • 16 November 2018

    Australian regulators have approved Santos’ proposed acquisition of its compatriot oil company Quadrant Energy.

  • 23 August 2019
    Business & Finance

    The alleged cartel conduct is related to shipping of certain vehicles to Australia between June 2011 and July 2012.

  • 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 […]

  • 25 July 2019
    Business & Finance

    ACCC has raised “preliminary” concerns about ANZ Terminals’ acquisition of GrainCorp’s liquid terminals.

  • 6 April 2018

    Australian LNG player Santos and its GLNG joint venture partners and APLNG, have been granted exploration rights for the PRL2016/17-1A block, located directly west of the Arcadia gas field in the Bowen Basin.

  • 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.

  • 3 December 2015

    Shell’s $70 billion acquisition of UK’s BG Group is moving a step forward after BG on Thursday said that Shell’s recommended offer had received approval from the Australian Treasurer through the Foreign Investment Review Board. The approval comes two weeks following the unconditional approval by the Australian Competition and Consumer Commission (“ACCC“) and completes the […]

  • 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 […]

  • 8 October 2018
    Business & Finance

    The Australian Competition and Consumer Commission (ACCC) has finalized its arbitration of a dispute between Glencore Coal Assets Australia Pty Ltd (Glencore) and Port of Newcastle Operations Pty Ltd (PNO) about terms and conditions for accessing the ‘declared’ shipping channel service at the Port of Newcastle. The ACCC has determined that PNO should reduce its […]

  • 17 November 2015
    Business & Finance

    Australian marine transporter Sea Swift has abandoned its pursuit of the Northern Territory and far north Queensland marine freight business Toll Marine, a division of Toll Holdings Limited. On 9 July 2015, the Australian Competition and Consumer Commission (ACCC) announced its decision to oppose Sea Swift’s proposed acquisition of the Toll Marine NT and FNQ business, saying that it […]

  • 2 April 2019
    Business & Finance

    DP World, Hutchison Ports and VICT would remove potentially unfair contract terms, ACCC said.

  • 2 March 2018
    Ports & Logistics

    Australia’s competition regulator on Friday said it would allow Chevron, Inpex, Shell and Woodside to coordinate maintenance activities at their liquefied natural gas (LNG) facilities in Western Australia and the Northern Territory. Australian Competition and Consumer Commission (ACCC) said in a statement it made the decision as the four LNG producers were competing for a limited […]

  • 9 December 2019
    Business & Finance

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

  • 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 […]