
Yemen LNG seeking higher LNG prices from Kogas
Yemen’s foreign minister has reiterated his countries desire to renegotiate its long term LNG supply contract with Korea Gas Corp.
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Yemen’s foreign minister has reiterated his countries desire to renegotiate its long term LNG supply contract with Korea Gas Corp.

Korea Electric Power Co. has announced the acquisition of a 20% stake in PT Bayan Resources for US$ 515 million.

The remaining five bodies have been recovered from a flooded coal mine in China, raising the death toll to 13.

Power shortages in France could have a knock-on effect on the UK energy market due to cross channel ownership of UK power stations.

Aker Solutions has won a contract worth NOK 150 million (US$ 24.25 million) to supply the vessel mooring system for the Goliat FPSO, owned by Eni Norge.

The EU has clamped down on state subsidies to the European hard coal sector, ruling that loss making mines can only continue to receive government help if plans to close them are put in place.

TAS Energy has been awarded a US$ 30 million EPC contract for Phase I of the San Emidio project, owned by US Geothermal.

The Energy Event will be hosting its inaugural Awards Dinner in September to showcase a more positive side of the energy industry.

ConocoPhillips, Shell, Exxonmobil and Chevron are planning to build a rapid response system to any future well-blowouts in the Gulf of Mexico.

Leading Central European miner, New World Resources, has announced its pricing agreement for coking coal and coke sales for Q3. Both average prices for coking coal and coke will increase on Q2 prices.

Continental Coal Ltd and EDF Trading have signed an off-take and funding agreement for all export quality thermal coal produced from Continental’s Project X, Vaalbank and Vlakvarkfontein mines for a 20 year period.

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