Drilling & production

Kyushu Electric Power Co. has agreed to buy 0.3 million tpy of LNG from the Gorgon LNG project commencing in 2015.

Riversdale Mining has surprised the coal industry by planning longer-term price negotiations with its customers for coking and thermal coals.

Coal of Africa Ltd has announced that it has lodged a new order mining right application with the Department of Mineral Resources in the Limpopo Province of South Africa for its Makhado coking coal project.

Praxair Electronics has won three new supply contracts with solar customers in China.

Verdao Group has listed the largest coal mine methane abatement project with Climate Action Reserve’s Coal Mine Methane Project, which provides an incentive for the voluntary abatement of methane. The project will take place at Consol Energy’s McElroy mine, West Virginia, and use regenerative thermal oxidation technology from Dürr USA to destroy the methane emissions.

Anglo American, one of the world’s largest miners, is partnering with International Alert, a leading peacekeeping NGO that specialises in building sustainable peace in areas affected by violent conflict. The three year partnership aims to promote and implement business practice that will prevent conflict and protect and promote human rights.

ExxonMobil elaborate on the key components needed to help meet the future demand for oil and gas worldwide.

Shell, Chevron, ExxonMobil, BP and RasGas leaders to address Gastech 2011.

Peabody Energy has signed two agreements to develop clean coal in China. The first will see the development of a 2000 MW supercritical power plant substitute natural gas facility; the second, the development of a green coal energy campus including a 1200 MW power plant that will capture CO2 and convert it into green building materials.

The Indonesian Government has announced it intends to ban exports of low-quality coal, starting in 2014. Coal with an energy value of less than 5600 kCal/kg will no longer be exported.

The BP Energy Outlook 2030 is the first of BP’s forward looking analyses to be published after 60 years of producing definitive historical data in the BP Statistical Review of World Energy.

Wood Mackenzie’s latest analysis of the UK upstream oil and gas industry has found that the steady recovery seen in 2010 will continue in 2011.

The Port of Gladstone expects to reach full export capacity by the end of March, as the first coal shipments from the Blackwater line are expected this week. The ports of Bundaberg and Alma remain closed.

Arch Coal, Inc. announced an agreement with Canadian Crown Corporation Ridley Terminals Inc. to facilitate coal exports to Pacific Rim markets. The five-year agreement will give Arch throughput capacity at the terminal of up to 2 million t of coal for 2011 and up to 2.5 million t of coal for 2012 through 2015.

Peabody Energy Australia has awarded Thiess Pty Ltd a contract to extend mining operations at its Burton coal mine in the Bowen basin, Queensland, Australia. The mine extension will maintain the current production level of 2.5 million tpa of high quality coking coal.