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Drilling & production

Evonik Power Minerals completes purchase

Evonik Power Minerals has announced the completion of the purchase of the remaining shares in Hargreaves Coal Combustion Products Ltd.

 
 
 
 
 
 

No drilling in Ecuadorian Amazon reserve

Ecuador has pledged not to drill for oil in an area of pristine Amazon rainforest in exchange for US$ 3.6 billion worth of payments.

 

MC252 well finally reaches static condition

BP has announced that the MC252 well appears to have reached a static condition. The well pressure is now being controlled by the hydrostatic pressure of the drilling mud, which is the desired outcome of the static kill procedure carried out.

 

Linc Energy signs record deal with Adani Enterprises

In the largest single deal by an Indian company in Australia, Linc Energy has agreed to sell its Galilee Basin coal deposits to India’s Adani Enterprises in a deal worth up to AU$ 3 billion.

 
 
 
 

Ultra Green unveils new technology to soak up oil

Ultra Green has unveiled new technology that can potentially clean up the majority of the estimated 4 million bbls of oil spilled in the Gulf of Mexico by the end of September.

 

Hunnu Coal release Tsant Uul coking coal project drilling results

Hunnu Coal has announced the results of coal quality analyses performed on samples taken from the due diligence drill cores at the Tsant Uul coking coal project. Initial test results demonstrate similarities to coals at the giant Tavan Tolgoi field.

 

Wave power gets boost

Ocean Power Technologies has been awarded a grant for further development of its Powerbuoy wave power technology.