Drilling & production

BG Group shocked markets and took a 17% hit to its share price when it announced that the company would see no production growth in 2013.

In a recent survey conducted by Reuters, analysts were asked to predict the likely price of crude oil by the end of the decade.

Runge Ltd has announced a formal partnership with China Kingho Energy Group, a leading mining and energy company.

Canadian company Tag Oil has made a US$ 534 million bid for New Zealand’s Greymouth Petroleum.

BP has seen its shares rise by 3.5% and profits have soared as the company continues its extensive divestment programme.

Somaliland’s mining and energy minister has claimed that the internationally unrecognised state could see companies drilling for oil within its borders by 2014.

In the wake of three major helicopter companies halting flights amid safety concerns, oil companies operating in the North Sea are having to rely on ships to bring workers to and from offshore platforms.

Tanzania and the semi-autonomous island of Zanzibar have reached a deal on the future sharing of hydrocarbon reserves after arguments resulted in exploration projects being delayed.

Russian giant, Gazprom has pledged to invest US$ 38 billion in the development of the eastern Chayanda gasfield and a pipeline to Vladivostok.

A lack of spare capacity in manpower and materiel could raise serious safety concerns for the Norwegian oil and gas sector.

Refining operations and oil prices have begun to feel the impact of the imminent arrival of Hurricane Sandy.

The UK’s 27th O&G licensing round has been deemed a success after 167 licenses covering operations in more than 330 blocks were awarded to oil and gas companies.

Sharon van Dongeren, Port of Amsterdam, the Netherlands, explains how the terminal is playing an important role in the global energy transition.

World Coal reviews news from the materials handling sector announced at MINExpo INTERNATIONAL® 2012, which took place in Las Vegas from 24 – 26 September.

The task to reduce carbon emissions cannot be solved with one simple solution. With demand for energy forecast to remain at current levels and local fuel reserves depleting we are forced to look to new innovative technologies for the answers.