ConocoPhillips Sells Interest in Russian Joint Venture NaryanMarNefteGaz
ConocoPhillips has sold its share in NaryanMarNefteGaz to Lukoil as part of its divestment programme.
Drilling & production
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Bechtel receives first modules for Gladstone LNG project
Bechtel has taken delivery of the first steel prefabricated modules for its Queensland Curtis Island LNG project.
Instinct Energy to drill initial CBM wells in Nambia
Instinct Energy, an energy company focusing on unconventional gas opportunities in southern Africa, is to start drilling initial CBM wells in the Huab basin in northwest Namibia. The company plans to reveal the results at the Unconventional Gas Aberdeen 2012 conference.
Coal and the UK Electricity Market Reform: Analysis
A year on from the initial announcement, Robin Cohen, Deloitte LLP, UK, outlines the UK Electricity Market Reform and its potential impacts on coal-fired power generation.
The Monitor: August 2012
Barry Baxter reports on the debate over mine nationalisation in South Africa.
Woodside has half year profits of US$ 812 million
Woodside Petroleum has reported half-year profits of US$ 812 million as a result of the Pluto LNG start up, higher commodity prices and greater revenue from the Vincent North West Shelf Oil.
STAHL CraneSystems supplies LNG wire rope hoists to GATE
The first liquefied gas terminal in the Netherlands has contracted STAHL CraneSystems to supply LNG wire rope hoists for transporting its LNG pumps.
Cuadrilla to drill horizontal exploration well
Cuadrilla resources is planning to drill a horizontal exploration well at its Anna’s Road site in order to examine the shale rock formation and how much viable gas can be extracted.
Eni and Vitol sign Mou to develop OCTP block offshore Ghana
The two companies have signed an Mou for the future development and commercialization of the Offshore Cape Three Points (OCTP) Block located in the Tano Basin of Ghana.
Total sells share in Angola an block to Inpex
Total is to sell Inpex Corp a 9.99% share in Block 14 offshore Angola.
Demand for UK engineers to remain high in Australia and New Zealand for the next five years
Demand in Australia and New Zealand for experienced engineers from the UK will remain high in 2013, and for the next five years, despite conflicting reports that the mining and natural resources boom in Australia is slowing down.
Coal extraction approved in Northumberland, UK
Coal mining in the UK has received a boost after planning permission was granted for the extraction of coal in Northumberland. Mining operations are now expected to begin next year.
Chevron And Shell agree equity swap in Carnarvon and Browse Basin
Chevron Corp. is to exchange its oil and gas holdings in the Browse basin for Shell’s holdings in the Carnarvon Basin.
Arrow Energy buys additional CSG rigs
Arrow Energy has signed a deal to acquire four CSG drilling rigs form SWMS.
Fuel subsidy cut could prompt Cameroon unrest
Cameroon’s government is looking to lift the country’s fuel subsidies but risks causing serious unrest as happened in Nigeria in 2011.