Drilling & production - 20 August 2013

BHP Billiton has announced a 29.5% drop in profits with earnings from coal down over 70% on the back of weak prices.

Glencore Xstrata has seen its profits drop by 9% in the first half of 2013.

Clearco preparation plant and rail loading facility completed at South Form coal mine, West Virginia.

Kompania Weglowa is considering asking a state agency for a bailout.

300 people in the UK O&G sector were asked about their motivations and reservations for moving abroad. For some, the lure of the sun and the experience may be the appeal, but for four in 10, it is simply that the UK is becoming a less attractive place to work.