ABC News (Australia) published this video item, entitled “Origin Energy backs out of investment into on-shore gas exploration in Beetaloo Basin | ABC News” – below is their description.
The news that Origin Energy is walking away from gas exploration in the Beetaloo Basin has sparked fresh speculation about the future for fossil fuel investments and fracking in the Northern Territory.
ABC News (Australia) YouTube Channel
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About This Source - ABC News (Australia)
The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.
Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.
The Northern Territory (aka NT) is a vast federal territory in Australia famed for its Outback desert landscapes. In the arid Red Centre lie the iconic sandstone monolith Uluru (Ayers Rock), the red-rock domes of Kata Tjuta and the sculpted cliffs of Kings Canyon in Watarrka National Park.
Alice Springs is the gateway town to the Red Centre desert.
The NT covers 1,349,129 square kilometres (520,902 sq mi). It is sparsely populated, with a population of only 245,353.
The economy is based largely on mining and petroleum, which during 2018–2019 contributed 23% of the gross state product, or $5.68 billion, accounting for 92.4% of exports.
The capital and largest city is Darwin. The population is concentrated in coastal regions and along the Stuart Highway.