Drilling & production

Petrobras has awarded a two year US$ 110 million contract to Subsea 7 for the exclusive use of its Lochnagar pipelay vessel for two years.

Caterpillar Inc. and Bucyrus International have entered into an agreement by which Caterpillar will acquire Bucyrus for US $ 8.6 billion, expanding Caterpillar's leadership in the mining equipment industry.

A brief look at the new low carbon collaboration between UK and Indian business leaders the ‘UK-India Business Leaders Climate Group.’

Train 6 started this month and will produce 7.8 million tpy, helping Qatar reach its target of 77 million tpy of LNG liquefaction capacity by the end of 2010.

Shell’s first planned FLNG deployment off the northwest coast of Australia has received federal environmental approval.

According to the International Energy Agency’s latest World Energy Outlook, much stronger action is needed to accelerate the transformation of the global energy system.

Although plagued by the world’s worst traffic jams, the growth of China’s coal industry shows no signs of stopping. Ng Weng Hoong reports.

The American Petroleum Institute is reviewing the Environmental Protection Agency’s greenhouse gas reporting rule requirements for the petroleum and natural gas industries.

Chevron Corporation has announced plans to acquire Atlas Energy, which will provide Chevron with an attractive natural gas resource position primarily located in the Marcellus Shale.

Shell has agreed to sell its interest in six Gulf of Mexico oil and gas fields to W & T Energy VI, LLC, a wholly owned subsidiary of W&T Offshore Inc., for US$ 450 million.

It has been reported that at least five people have been kidnapped from the High Island VII jackup rig operating off the coast of Nigeria’s southern delta. The newly installed rig is operated by Afren PLC.

US House passes a bill requiring notification of a pipeline leak within an hour; whilst raising penalties for violations.

Hancock Prospecting has opened its 100,000 t Alpha test pit. The launch represents “the historic first mining of the Galilee Basin,” in Queensland, Australia.

A letter from members of the UN High Level Advisory Group on climate change financing.

The Department of Energy and Climate Change has opened up its carbon capture and storage demonstration programme to projects on gas-fired power plants.