Oil & gas news
Wood Group PSN wins PNG LNG contract
WGPSN awarded major contract to support ExxonMobil’s PNG LNG operations.
Pemex announces new gas pipeline project
Mexico’s oil and gas giant Pemex has confirmed that Gasoductos del Noreste has signed a contract for the construction of a new gas pipeline in northern Mexico.
Power umbilical contract awarded for oilfield project in deepwater Gulf of Mexico
Nexans has been awarded a major contract by OneSubsea (a Cameron & Schlumberger company) to design, manufacture and supply an integrated power umbilical solution for ExxonMobil’s oilfield development in the deepwater Gulf of Mexico.
Peabody Energy cuts jobs as earnings fall
Peabody Energy has announces Australian job cuts as second quarter earnings fall.
Scottish coal mines to reopen
Hargreaves Services plans to restart production at five coal mines in Scotland, which were acquired in a £8.4 million deal.
Protestors attempt to block replacement Enbridge oil pipeline in Michigan
Authorities in Michigan, USA have arrested eight people who are part of a protest that's attempting to block Enbridge Inc. from building a replacement oil pipeline across the state into southwestern Ontario.
US study finds no connection between fracking and water pollution
Preliminary results of a study conducted by the US Department of Energy show no evidence of water pollution caused by chemicals used in hydraulic fracturing.
Extreme environments: an evolving landscape
The evolving market for subsea architecture and pipeline insulation coatings: why, even in challenging economic times, operators are focusing less on economics and more on project-specific environmental-related concerns.
The World Bank will limit financing of coal-fired power plants.
World Bank looks to address climate change, will limit financing of coal power generation projects to “rare circumstances.”
UK to offer “world’s most generous tax incentives” for shale gas
Chancellor, George Osborne has outlined a series of tax breaks aimed at encouraging investment in the UK’s burgeoning shale gas industry.