Oil & gas news
A new dawn: Mine Site Technologies announces strategic partnership agreement with Mining Consultancy Services
Mining Consultancy Services appointed as exclusive reseller and implementation partner for coal mine solutions in South Africa
Mongolian coal will be exported to Russia
Prophecy Coal signs coal off-takes and non-binding MOU with a buyer in Russia.
Glencore Xstrata reports H1 2013 production
Glencore Xstrata announces increased coal production for the six months to 30 June.
Delays to coal production at Ovoot project, Mongolia
Aspire Mining reschedules coal project start up in move to cut costs at Mongolian metallurgical coal project.
JORC resource upgrade at metallurgical coal project in Australia
Stanmore Coal’s Belview metallurgical coal project in Queensland, Australia, increases JORC inferred resource base and material exploration target.
Petrobras predicts output growth in 2H 2013; asset sales continue
The Brazilian company’s E&P director expects that oil output will rise later this year as new platforms and wells begin operation.
Yemen LNG denies attack on Balhaf terminal
Yemen LNG has denied reports of an Al Qaeda attack on its Balhaf LNG facility
James River Coal Co. reports smaller than expected loss
Cost cutting at James River Coal Co. makes up for decline in coal prices and shipments.
Keystone XL will not add to greenhouse emissions: new study
IHS study says KXL will not impact GHG emissions: oilsands production will happen regardless of KXL; imports of Venezuelan heavy oil likely to take place of oilsands on US Gulf Coast if Keystone XL does not go forward
China to become the world’s largest net oil importer?
The US Energy Information Administration discusses how China is poised to become the world’s largest net oil importer later this year.