Drilling & production

PPG Industries has announced that it has reached an agreement to lease property for development of Marcellus Shale natural gas resources at the company’s Natrium, W.Va., chemicals site.

QR National Ltd (QRN), Australia’s biggest coal hauler, has announced net profit of AU$ 278 million in the six months ending December 2010, compared to a loss of AU$ 132 million last year.

API urges a considered political response to a new study documenting the economic potential of the Alaskan OCS resources.

Information on the event based in Denver is now available online.

UPS has contracted Clean Energy Fuels to build and operate an LNG terminal in Las Vegas for it fleet of 48 LNG delivery trucks.

Nevada Geothermal Power Inc. (NGP) and Iceland America Energy, Inc. (IAE) have signed an agreement giving NGP the exclusive right to purchase a 100% ownership of IAE’s geothermal assets in the Imperial Valley, Southern California, for US$ 4,150,000.

Statoil has awarded Technip a contract worth approximately €90 million, for the Gygrid field development in Norway.

Centrica has entered into an agreement for a three year contract with Qatargas to deliver 2.4 million tpa of LNG to the UK Isle of Grain facility.

The first coalbed methane (CBM) to energy project in Russia celebrated its grand opening in Kemerovo Oblast.

Fluor Offshore Solutions unit will be responsible for FEED services for the offshore central gas processing facility for the Browse LNG project.

BHP Billiton has agreed to acquire all of Chesapeake Energy Corporation's interests in the Fayetteville Shale, USA.

As European shale plays gain momentum and Asian energy providers continue to invest in US shale projects, it is a crucial tipping point for the future of the unconventional gas source on the global scene.

New studies in The Salary Guide evidence a strong recovery curve in the UK oil and gas industry, while competitive salaries allow engineers to thrive.

The Australian Government has granted environmental approval for ConocoPhillips’ and Origin Energy’s US$ 35 billion joint coalbed methane (CBM) project in Queensland.