Drilling & production

A terminal for liquefied natural gas, LNG, could be completed in Gothenburg, the largest port in Nordic region, as early as 2015.

Allegations of price fixing by Chesapeake and Encana have arisen as emails have been circulated showing how the two companies planned to avoid bidding against each other in Michigan land auctions.

Rio Tinto has started exporting hard coking coal from its Benga Mine in the Moatize Basin in Mozambique. The first shipment of 34 000 t left the Port of Beira on 25th June, bound for an Indian steel mill.

Providence Resources has reported more good news from its Barryroe discovery, with analysis of sidewall cores showing high levels of permeability.

Max Petroleum has reported a double-dose of bad news in the guise of drilling delays and financial insecurity.

Archie Dunham, the former chief of ConocoPhillips has been brought in as the new chairman of Chesapeake Energy, replacing Aubrey McClendon.

Arch Coal has announced plans to idle several operations and to reduce production at other mining complexes in Appalachia due to the unprecedented downturn in demand for coal-fired power.

Aker Solutions is planning on building a new US$ 100 million service site for its drilling equipment business in Brazil.

Technip has been awarded the services contract for the Ichthys LNG FPSO facility.

The AFPM and API have both released statements commending the passage of the Domestic Energy and Jobs Act through the US House of Representatives.

The two companies intend to focus on joint upstream and midstream gas projects in Russia and Europe.

Technip has been awarded an engineering, procurement, installation and commissioning contract for the Bøyla field development.

According to a recent report by the US Energy Information Administration (EIA), 76% of US coal exports in 2011 went to Europe and Asia.

Rosneft and ExxonMobil have signed an agreement to jointly develop tight oil reserves in Western Siberia and establish a joint Arctic Research Centre for Offshore Developments.

ConocoPhillips has resumed exporting LNG from its Alaskan LNG plant due to increased demand form Japan.