Close×

Robotics and AI are being pushed as part of a new $2m funding scheme to drive innovation in energy resources.

National Energy Resources Australia (NERA) is stumping up the funding for projects in any of four focus areas impacting the energy resources sector: remote operations, robotics and AI; unconventional gas technologies; hydrogen; and decommissioning.

According to Miranda Taylor, chief executive of NERA, the funding will go towards industry-led projects that can strengthen energy resources innovation in Australia.

“We know collaborative partnerships between industry and innovators can produce truly transformational results, and NERA is committed to continuing to support our sector adopt and adapt to new technologies that generate competitive industry outcomes, efficiencies and deliver value and jobs across the nation.

“Through this new project funding announcement, we hope to work with local innovators to build their capacity and capability in fields of robotics and artificial intelligence, which are critical to improving the future productivity and safety of the energy resources sector, as well as developing transferable skills and technologies with benefits across the Australian economy,” she said.

The fund is seeking projects that demonstrate innovative approaches, clear commercialisation applications, and clear project time frames, said Taylor.

“By continuing our sector-wide initiatives, we can unlock more than $10 billion in new value and achieve our vision of Australia as a global energy powerhouse, a sought-after destination for investment, and the leading source of knowledge and solutions,” she said.

Food & Drink Business

The surge in usage of ‘GLP-1’-style weight loss medications is seeing a “ripple effect” begin to unfold, impacting eating patterns in a number of countries around the world, Rabobank says in recently released research.

Fonterra has reported total group profit after tax of $278 million for 1Q26, up $15 million on the same period last year, as the co-op now pushes ahead with its multi-year business reshaping and the divestment of Mainland Group.

The federal government has announced an additional $10 million in funding support for Australia’s wine and cider industry, through the Wine Tourism and Cellar Door Grants program, which is now on its seventh round.