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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

Treasury Wine Estates (TWE) says it is not in a position to revise its guidance for FY16 due to lower-than-expected performance in China and distribution issues in California. The company said it was unlikely to meet FY26 depletion targets for Penfolds in China.

For more than 35 years, family-owned producer, Gourmet Dairy Co., has been manufacturing sauces, dairy and non-dairy products under its own brands and as a contract manufacturer for some of Australia’s most recognised labels. Now, the company is investing more than $1 million to expand its production capabilities and support new product innovation.

Expressions of interest are now open for tenancy at the $17.14 million Central Coast Food Manufacturing Innovation Hub, expected to open in March 2026.