Inpex withdraws Bonaparte CCS environmental plan while awaiting details of new Australian legislation

Inpex has withdrawn its environmental plan for the Bonaparte CCS project to await details on new laws. The firm remains committed to the offshore facility.

Insights:
Inpex Corporation has withdrawn its environmental referral for the 8 million metric ton-per-year Bonaparte carbon capture and storage project from the environmental review portal in AU AUAU. On Sunday, January 19, 2026, the company pulled the application for the offshore development, citing a need to wait for finalized details regarding new environmental legislation. This regulatory move from JP JPJPbased Inpex Corporationfollows a major overhaul of AUenvironment laws enacted in late November 2025.
The booth of Inpex, Japan's top oil and gas explorer, is seen at Gastech 2023 in Singapore on September 7, 2023. REUTERS/Florence Tan
The booth of Inpex, Japan's top oil and gas explorer, is seen at Gastech 2023 in Singapore on September 7, 2023. REUTERS/Florence Tan
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