Mining, oil and gas

Australia’s resources sector, a strong economic performer.

Our resources, mining, equipment, technology and services sectors are some of Australia’s strongest economic performers.

They generate more than half of Australia’s goods exports and provide significant opportunities including:

  • economic wealth
  • jobs and high wages
  • Investment and tax revenues
  • high-quality reserves of several mineral and energy commodities
  • a skilled, experienced workforce
  • innovative technologies
  • best practice regulations and operations that bolster business and encourage investment.

Social, economic and technological transformation presents new challenges for the sector. Future success relies on working smarter, safer, cleaner and more efficiently than our competitors.

Supporting a strong resources sector

We develop policy, programs and regulations to:

  • support sustainable development of the resources sector
  • increase investment
  • encourage innovative, clean energy and low-emissions technologies
  • support the transition to net zero.

Minerals

We are committed to growing Australia's role as a reliable, sustainable and globally competitive supplier of energy and mineral exports.

Oil and gas

We develop policy, regulations and interventions to support Australia’s oil and gas industry and supply.

Offshore greenhouse gas storage

We regulate greenhouse gas (GHG) storage in Australian Commonwealth waters.

Taxes, royalties and export controls on minerals and petroleum

Companies that extract mineral and petroleum resources must pay taxes and royalties. Minerals exporters must meet requirements.

Free trade agreements

We represent and advocate for industry and the resources sector by negotiating and implementing free trade agreements.

METS Industry Growth Centre

The METS growth centre works with Australian mining industry suppliers, global miners, researchers and capital providers to improve competitiveness and productivity of the sector.

Supporting net zero transformation

We’re helping to ensure the resources sector contributes to our international decarbonisation commitments.

Planning for gas to 2050

The Future Gas Strategy outlines the Australian Government’s medium and long-term plan for gas supply, demand and emissions reduction.

Resources Methane Abatement Fund

This program advances new technologies that reduce and remove methane gas from Australia’s coal and gas industry.

Greenhouse gas storage exploration

The GHG acreage release ensures companies explore offshore carbon capture and storage opportunities in a structured, transparent and well-regulated way.

Participating in forums

The Australian Government participates in a number of intergovernmental initiatives and forums to exchange information and expertise. 

We regularly consult with Australia’s major trading partners, industry and stakeholders to help identify commercial opportunities for Australian businesses and encourage trade and investment. We also have resources-focused counsellors overseas. These representatives help strengthen our trade and investment relationships in their host countries.

Latest news

A major resources project as seen from the air.
Office of the Chief Economist

Global energy transition drives a new wave of investment in Australian resources

Our annual Resources and energy major projects (REMP) publication provides a comprehensive list and analysis of resource investments in Australia.
A mining bucket releases its contents
Office of the Chief Economist

Commodity markets stabilising following disruptions

We have released updated forecasts for Australia’s commodity exports in the December 2024 edition of the Resources and energy quarterly (REQ).
2 workers in fluro orange  on an oil rig in the ocean
Offshore Decommissioning Directorate

Offshore Decommissioning Directorate survey: have your say

We’re continuing the conversation about how we can best support offshore oil and gas decommissioning activity in Australia. Survey closes 28 February 2025.
Women in Resources morning tea event in Dili

Promoting gender equality, trade and investment in Timor-Leste

Resources morning tea deepens trade and investment links between Australia and Timor-Leste.
North rankin complex in the ocean
Offshore Decommissioning Directorate

New roadmap to scale up Australia’s offshore decommissioning industry

Australia’s Offshore Resources Decommissioning Roadmap provides a pathway for governments, industry, workers, and the community to build a domestic industry.

Data and advice from our portfolio agencies

Geoscience Australia

Applying geoscience to Australia's most important challenges.

CSIRO

Supporting Australia’s mining and resources industry through innovative science and technology.