Drilling & production

UK Coal has announced that it is considering closing the UK’s biggest deep coal mine, putting 800 jobs at risk.

Xstrata Coal and JX Nippon Oil & Energy have announced the creation of a Canadian metallurgical coal joint venture.

KPC and Total have signed an MOU regarding their joint Zhanjiang project in China.

Ohio state regulators have concluded that a disposal well was the likely cause of recent minor earthquakes in the region.

Baker Hughes has followed other major players by beginning talks with the Iraqi government over increasing production from the country’s northern Kirkuk field.

Odfjell Offshore plans to raise US$ 500 million for fleet development.

Anadarko Petroleum has announced that it has struck oil at its Caesar-Tonga development in the Gulf of Mexico.

Concerns over growth in Europe and China coupled with the possibility of diplomatic resolutions to crises in the Middle East has seen Brent crude prices fall.

Anadarko Petroleum has discovered gas reserves of between 90 million and 100 million ft3/d

The Brazilian state giant Petrobras confirms that it has struck oil at Nordest de Tupi.

ExxonMobil and GE have publicly announced their support for a new university initiative designed to help bring latest LNG best practices to shale development.

Russell Banham, Deloitte CIS Energy & Resources, explains how Government support could unlock Russia’s vast export potential.

ABB has won a contract from Shell to build a power plant as part of the Iraqi South Gas Project.

Peabody Energy has announced a new global organisational structure, with the creation of geographic business units in the Americas, Australia and Asia.

Xstrata Coal has agreed to acquire the Sukunka hard metallurgical coal deposit from Talisman Energy Inc. for US$ 500 million in cash, subject to customary conditions.