Drilling & production

Anglo American has announced a fall in profits as its new CEO shakes up the executive management team and looks for US1.3 billion in improved cash flow.

US coal miner Drummond responds to industrial action by workers at its Colombian operations by declaring force majeure on cargoes.

Angola LNG’s Sonagol Sambizanga LNG tanker has completed the first delivery to Brazil.

EnergyAustralia acquires Mt Piper and Wallerwang coal-fired power plants.

US coal company will receive funding from YA Global to develop Pott and Bannon anthracite coal site.

EU financial body follows World Bank in announcing that coal-fired power projects will receive less funding.

Workers at US coal miner Drummond form picket line outside company’s operations. Strike effects global coal prices.

WGPSN awarded major contract to support ExxonMobil’s PNG LNG operations.

Nexans has been awarded a major contract by OneSubsea (a Cameron & Schlumberger company) to design, manufacture and supply an integrated power umbilical solution for ExxonMobil’s oilfield development in the deepwater Gulf of Mexico.

Peabody Energy has announces Australian job cuts as second quarter earnings fall.

Hargreaves Services plans to restart production at five coal mines in Scotland, which were acquired in a £8.4 million deal.

Authorities in Michigan, USA have arrested eight people who are part of a protest that's attempting to block Enbridge Inc. from building a replacement oil pipeline across the state into southwestern Ontario.

Preliminary results of a study conducted by the US Department of Energy show no evidence of water pollution caused by chemicals used in hydraulic fracturing.

The evolving market for subsea architecture and pipeline insulation coatings: why, even in challenging economic times, operators are focusing less on economics and more on project-specific environmental-related concerns.

World Bank looks to address climate change, will limit financing of coal power generation projects to “rare circumstances.”