Stay up to date with the latest news and updates from the oil industry.
Chevron Australia Pty Ltd has announced successful drilling in the Greater Gorgon area in the Carnarvon Basin offshore Western Australia. The Yellowglen-1 exploration well is located in the WA-268-P permit area approximately 250 km northwest of Onslow.
Statoil has awarded Baker Hughes two year extensions on two contracts in Norway. The contracts are for the provision of drill bits, directional drilling, formation evaluation and related services on 10 - 12 rigs operating in multiple fields offshore Norway.
Westar Energy has agreed to spend approximately US$ 500 million to significantly reduce harmful air pollution from a Kansas power plant and pay a US$ 3 million civil penalty under a settlement to resolve violations of the Clean Air Act.
A brief overview of two of the latest refining projects
February 2010: Kay Sever asks if companies really understand their improvement shortfalls?
A new type of continuous barge unloader (CBU) from ThyssenKrupp Fördertechnik will be put into operation at the Bontang Coal Terminal this Spring.
An overview of the North American natural gas industry
The Norwegian energy ministry has awarded Wintershall Norge ASA working interests in four new exploration licenses in the current licensing round, APA 2009. They comprise two new licenses in the Norwegian North Sea, one license in the Norwegian Sea and one license in the Barents Sea for the BASF subsidiary.
Newfield Exploration Co. has achieved record gross operated production of 323 million ft3/d of natural gas equivalent from the company's Woodford Shale play in the Arkoma Basin of southeastern Oklahoma.
Weatherford International Ltd has reported Q4 2009 income from continuing operations of US$ 15 million, or US$ 0.02 per diluted share, excluding an after tax loss of US$ 0.06.
India Resources Ltd has signed a Letter of Intent with Bankura DRI Mining Manufacturers Co. Private Ltd for a 30 year contract worth about AU$ 500 million to develop and operate the Biharinath coal mine.
In my last column of 2009, I ended on a positive note cautiously claiming that all sectors across the energy supply chain were beginning to see signs of a recovery. Let’s take a look at some of the sectors in more detail.