Oil & gas news
Huntington platform resumes production
Production has restarted at the North Sea Huntington platform following a precautionary shutdown due to concerns with cargo tank venting activities during low wind conditions.
Gas and clean coal-fired units to be installed at US power plant
A coal-fired power plant in Oklahoma will use gas-fired and clean coal-fired units to generate power from 2015
AUS$ 4 billion funding gap in Australian Coalition climate plan
Analysis shows the Coalition will have to stump up extra cash, or break its pledge to lower emissions by 5% by 2020.
OGX needs more production success or risks future projects
According to an analyst from GlobalData, the Brazilian company, OGX needs to boost its production or it risks securing future investments and partnerships.
Capesize coal vessel sinks off South Africa's east coast
A cargo ship carrying almost 150,000 t of coal has broken apart a few hundred metres from South Africa’s Richards Bay port.
Oil and gas companies make their working positions within Egypt known
As troubles escalate in Egypt, several oil and gas companies have made decisions to stay in active business or shutdown until the crisis is resolved.
Energy development helps promote local economy diversity
A new report from the American Petroleum Institute has shown that energy development helps promote diversity amongst local economies.
BHP profits slump as prices remain weak
BHP Billiton has announced a 29.5% drop in profits with earnings from coal down over 70% on the back of weak prices.
Glencore Xstrata announces drop in profits
Glencore Xstrata has seen its profits drop by 9% in the first half of 2013.
Coal preparation plant completed on time and within budget
Clearco preparation plant and rail loading facility completed at South Form coal mine, West Virginia.