Coalbed methane (CBM) may become as important for Asia and Australia as shale gas has become for North America, but this will require the CBM industry to overcome critical commercial, technical and regulatory challenges.
Douglas Westwood has forecast strong growth in the drilling and production of unconventional gas through to 2020.
Anglo American has announced that it has acquired 100% ownership of Peace River Coal Limited Partnership.
October 2011 - What if businesses measured 'human productivity' as well as equipment productivity?
Chevron Technology Ventures has launched a project, which will use over 7600 solar mirrors to produce steam for use in enhanced oil recovery at the Coalinga field.
AMEC has been awarded a FEED contract for GDF SUEZ E&P UK Ltd's Cygnus gas field development, one of the most significant undeveloped gas fields in the North Sea.
Aker Solutions has won a contract to conduct the basic engineering for the development of Total's Hild field in the Norwegian North Sea. The contract value is about NOK 215 million (US$ 37.4 million).
The American Petroleum Institute have said that the Environmental Protection Agency should delay production and refinery emissions rules.
According to research conducted by the University of Aberdeen’s Oceanlab, offshore oil and gas platforms could be serving as beneficial environments for populations of prime commercial fish species such as cod and haddock.
Aker Solutions has been selected to supply a subsea umbilical to Det norske oljeselskap ASA's Jette field. The order is worth approximately NOK 60 million (US$ 10.3 million).
Both crude oil rich nations seek cooperation for the utilisation of their vast reserves: Iraq to build refining capacity and Kuwait to secure long term supply relationships.
Green Gas International and the A.A. Skockinsky Institute of Mining (SIM) have announced the signing of a co-operation agreement. The agreement facilitates the joint development of coalbed methane (CBM) drainage and utilisation projects in the Russian Federation through a joint venture company.
Arrow LNG (a joint venture between Petrochina and Shell) has acquired Bow Energy after boosting it’s bid to AU$ 535 million (US$ 524.2 million). Arrow had to raise its’ offer by 2% on it’s initial offering to secure the deal.
Chevron has given the green light to start work on the proposed Wheatstone LNG project in Western Australia, the approval has come after Chevron received federal approval to build the 25 million tpa LNG liquefaction plant last week.
OPIC has approved US$ 310 million worth of financing for a project to double the capacity of a Kenyan geothermal power plant.