- Short-term production and sales disruptions in Australia due to the closure of the Northern Gas Pipeline.
- Reduced participating interest in Mahato PSC from 12.5% to 11.25%.
- Change in New Zealand government's stance on oil and gas production, leading to a review of financial assurance laws and regulations.
- Potential for increased decommissioning funding requirements at Maari field.
- Ongoing global economic uncertainty and growth of alternative energy sources.
Cue Energy Resources Limited
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Cue Energy Resources Limited disclosed greenhouse gas emissions of 8.0K tCO2e (Scope 1 & 2 excluding Amadeus Basin). By scope: Scope 2: 263.4 tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
8.0K tCO2e (Scope 1 & 2 excluding Amadeus Basin)
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 263.4 tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 8.0K tCO2e (Scope 1 & 2 excluding Amadeus Basin) |
| 2022 | 8.7K tCO2e/year |
| 2021 | 9.1K tonnes CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Installed solar panels on Wortel and Oyong wellhead platforms, reducing reliance on gas/diesel for power generation and marine transport.
- Completed a flare gas recovery project at Mereenie, resulting in an estimated 30% reduction in carbon emissions.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continue to report Scope 1 and 2 emissions
- Enhance Mahato emissions data collection
- Review climate change policy and update if necessary
📅 Medium-term
- Participate with JV partners to identify and implement emissions reduction projects or offsets at producing sites
🔭 Long-term
- Offset 100% of emissions from head office and corporate travel
🌱 ESG Focus Areas
Health, Safety, and Environment (HSE)Community EngagementEnvironmental StewardshipClimate Change