Drilling & production

According to research by IMS Research, the solar market generated US 7.1 billion in Q2 2010 and they are predicting a further rise in Q3 2010.

The US Department of Energy has announced the selection of ten projects aimed at developing advanced technologies for capturing CO2 from coal combustion.

A new report by RNCOS has projected that global LNG growth will be healthy up to 2030, and India will be a major growth market for LNG.

Natural gas is a major component of the Egyptian energy balance and its availability has been driving a flourishing petrochemical and fertiliser industry. Cedigaz present a review of the natural gas production and consumption in the Egyptian market and medium-term projections for the future of the market.

Carmanah Technolgies has won the contract to supply, install and commission a solar power plant in Ontario with a capacity of 250 kW.

Shell has signed a long term SPA agreement with Osaka Gas, to supply 800,000 tpa of LNG.

North Sea offshore drilling activity has risen in the second quarter of 2010 by 133%, according to figures released by Deloitte; more than double the number of new wells were spudded than in Q1.

Shell is ready to award deals to drill and perform EPC on new oil wells in Iraq’s Majnoon field.

Brittany Damora, AKE Intelligence Analyst, considers security implications of Asia’s growing interest in nuclear power.

INR will sell its West Virginia coal operations to Cliff Natural resources for US$ 757 million.

API stresses new taxes on oil and gas industry would imperil economic recovery.

July 2010: Kay Sever outlines how Culture Change starts with Management, Not Improvement Teams or Tools

Standard and Poor’s has raised Qatar’s credit rating to AA, based on strong growth prospects in the LNG sector.

Anglo American plc has announced that it has entered into a conditional agreement to sell its interests in five undeveloped coal assets in Australia for A$580 million (approximately US$500 million) in cash.

Beach Energy has signed an MOU with ITOCHU to co-operate on an LNG project that will be supplied by Beach’s onshore gas reserves.