Shale gas producers facing tighter regulation
Shale gas producers may soon be limited by federal regulation over their use of fracture drilling techniques to open up shale gas reserves.
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Shale gas producers may soon be limited by federal regulation over their use of fracture drilling techniques to open up shale gas reserves.
BHP Billiton, Xstrata and Arch Coal Inc. release their full year results for 2009 and look ahead to a better 2010 driven by demand from Asia.
Renewable energy trade groups are pressuring the US government to pass legislation and speed up project applications for the renewable energy industry.
Sembcorp Marine has announced that its wholly owned subsidiary Jurong Shipyard (JSPL) will be building a new shipyard in Brazil to cater directly to one of the fastest growing offshore oil and gas exploration and production markets in the world.
Despite environmental concerns, India will increase its coal burn as power and coal shortages loom. However, the country must still face these environmental and market challenges.
Dana Petroleum has announced that its wholly owned subsidiary, Dana Petroleum Norway AS, has been awarded interests in nine offshore blocks under six new production licences (PL) by the Norwegian Ministry of Petroleum and Energy.
Anadarko Petroleum Corp. announced that the Lucius sidetrack appraisal well, located in Keathley Canyon Block 875 in the deepwater Gulf of Mexico, has encountered almost 600 net ft of high quality oil pay with additional gas condensate pay in thick subsalt Pliocene and Miocene sands.
Gazprom will delay the start up of its Shtokman gas field by three years, and plans to export half its output as LNG to Europe.
Oracle Coalfields plc has announced that it has entered into two Memorandums of Understanding (MOUs) to supply its lignite to two local customers: Karachi Electric Supply Co. (KESC) and Lucky Cement Ltd.
Two of the latest announcements from Africa.
Peabody Energy has reported better than expected results for 2009. EBITDA was US$ 1.29 billion, while revenue totaled US$ 6.01 billion on sales of 243 million t. Asia is driving demand and will continue to do so in 2010. In the US, a recovering economy is expected to increase the raise consumption of coal by 60 – 80 million t.
Fernando Luiz Zancan, Brazilian Coal Association, Brazil, provides an overview of the country's coal industry and examines its future prospects.