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Drilling & production

Arch Coal acquires equity interest in west coast terminal

Arch Coal, Inc. today announced that it has acquired a 38% interest in Millennium Bulk Terminals-Longview, the owner of a bulk commodity terminal in exchange for US$ 25 million plus additional consideration upon the completion of certain project milestones.

 
 

Rumaila exceeds production target in Southern Iraq

The Rumaila Operating Organisation (ROO) has met a major milestone in the redevelopment of the super-giant field in Southern Iraq by increasing production by more than 10% above the 1.066 million bpd initial production rate agreed in December 2009.

 
 

LNG agreement signed

Gazprom Marketing & Trading and Gujarat State Petroleum Corporation have signed an LNG agreement.

 
 
 
 

New safety classification systems

Fridtjof Schucht and Stephen Harrison, Linde Gases, Germany, discuss the harmonised system of classification and labelling of chemicals.

 
 

New technology improves separation of ultrafine coal particles from water

A new technology that could help release some of the currently unusable energy in an estimated 2 billion t of US coal waste has been successfully demonstrated by a Department of Energy (DOE) supported project. The hyperbaric centrifuge technology is aimed at separating the fine coal particles from water, allowing their recovery for energy, and marks a step forward in clean coal separation.

 
 

Record oil production in Brazil

Petrobras has revealed that in December it reached three new records in Brazil for monthly, annual and daily oil production averages.