Drilling & production - 28 August 2012

Shell has requested two extra weeks of drilling time as delays continue to set the company’s Arctic programme back.

Vale has lifted force majeure at the Carborough Downs metallurgical coal operation in the Bowen basin in Queensland.

The fire that raged at a Venezuelan refinery after an initial explosion killed dozens has finally been extinguished. The country’s president Hugo Chavez and the state oil company PDVSA have come under intense criticism, just weeks before the presidential election.

Gail India Ltd. has signed a deal for 12 cargos for LNG to be delivered between 2013 and 2014 in order to bridge India’s supply deficit of natural gas.