Drilling & production

East Timor plans to present a development plan for an onshore LNG terminal for the Greater Sunrise project.

Acergy and Subsea 7 have agreed to combine in order to create a world-leading company and provide better services to their clients.

A consortium of investors led by EXMAR are planning to build an LNG importation terminal in Jamaica by 2012.

Sentry Petroleum has been awarded a large coal tenement in the Eromanga basin, highlighting the potential for the coal seam gas industry in the area.

The EU has approved a broad package of sanctions against Iran, which amongst other things, will also target their oil and gas industry.

The MoU provides for the two companies to cooperate on future joint development projects in LNG technology.

An explosion at the San Fernando coal mine in Amaga, Antioquia province, Colombia, has killed at least eight miners and trapped over 70 more underground.

EXCO has announced a deal worth US$ 355 million to acquire acreage in the Haynesville and Bossier Shale from Southwestern Energy.

Despite significant recent progress towards the promotion of carbon capture and storage technologies, increased cooperation between Government and industry is essential to meet the G8 goal of launching 20 CCS demonstration projects by the end of the year.

The US$ 7.6 billion pipeline deal between Iran and Pakistan goes ahead without India – contrary to the original plan conceived in the 1990s.

Yemeni ministers have met with the South Korean Ambassador to Yemen to inform him that they wish to renegotiate the selling price of Yemeni LNG.

The two companies have signed a deal worth US$ 400 million to exploit the Eagle Ford Shale, in which Hilcorp already own 100,000 acres.

The DOE has offered loan guarantees to geothermal projects in Nevada and Oregon to help them get off the ground.

The Tennessee Department of Environment and Conservation (TDEC) has announced penalties against the Tennessee Valley Authority (TVA) for the coal ash spill at its Kingston’s plant in 2008.

The Kentucky Geological Survey (KGS) at the University of Kentucky has completed a broad assessment of geologic factors affecting Kentucky’s potential for permanent storage of carbon dioxide. It also addresses the potential use of carbon dioxide for increasing recovery of oil from Kentucky fields.