Drilling & production

In India, plans are afoot to increase coal production by introducing a bill that will mean that the mines must share a portion of their profits with the locals.

Excelerate Energy is to build a second LNG importation terminal In Argentina, effectively doubling the country’s terminal capacity.

BP is to join the marine well containment company (MWCC), which is designed to provide a quick response service for the Gulf of Mexico; as part of the agreement it will be contributing its own well containment equipment to the group.

Continental Coal Ltd’s Vlakvarkfontein coal mine has exceeded its monthly production target of 100,000 t during its second full month of operation.

South East Asian coal producing countries should be cheering on its revival. However, Ng Weng Hoong explains why they will also be grappling with uncertainties brought on by their increased economic dependence on, and the environmental impact of mining and handling, coal.

Aubin, an independent supplier of specialist chemicals to the oil and gas industry, has completed a major expansion of its laboratory and testing facilities at its UK headquarters.

Baker Hughes has acquired Meyer & Associates, a leading petroleum industry software developer.

Polarcus Limited has announced that the company is upgrading Polarcus Samur from the current six streamer arrangement to an eight streamer configuration.

Saudi Aramco, Saudi Arabia’s national oil company, has announced that it has huge reserves of unconventional gas in the form of shale gas, which could double its proved gas reserves.

Two notes from the American Petroleum Institute regarding new oil and natural gas industry taxes.

Shell oilsands expansion is now onstream.

American Petroleum Institute says Clean Air Act is not designed to address greenhouse gas emissions.

Cockatoo Coal has announced that it has raised AU$ 150.8 million to fund its joint purchase of five coal development and exploration assets in Australia.

Senate Majority Leader Harry Reid said this week that the Senate will not pass legislation this year that imposes a price on carbon.

The recent UN and EU sanctions in response to its continued nuclear programme have left Tehran with few friends in the international community, and it is unsurprising that the states who intend to carry on doing business with such a contentious partner clearly have their own political agendas to pursue.