Oil & gas news
Northcote Energy frack programme update, pipleline project complete
The onshore US oil and gas exploration and production company has announced the completion of its pipeline project and provides an update on its on-going fracture stimulation programme at its Horizon project.
Alpha Natural Resources announce loss in Q2
Prices and profit margins collapse due to falling demand for coal. Alpha Natural Resources post quarterly loss.
New 2000 MW coal-fired power plant to be developed in Vietnam
Malaysian company Toyo will help Vietnamese Government develop 2000 MW coal-fired power plant in Hau Giang.
UK: Oil and gas plans paying dividends
UK Engineering firm FES International says the government’s plans to stimulate investment in the oil and gas industry are already paying dividends.
Coal to remain on top in global energy mix
Despite competition from natural gas, coal will continue to be the fuel of choice for global electricity generation.
Cloud Peak Energy announce Q2 results
US coal company affected by negative coal market, though remains hopeful for better future results.
Coal of Africa records drop in coal production in Q2
Coal of Africa has announced a drop in ROM coal production on the back of resource depletion at one of its mine and the closure on the Matola rail corridor.
BHP Billiton will not sell Gregory Crinum mine
Anglo-Australian diversified miner, BHP Billiton, has not found a buyer for its Gregory Crinum coal mine.
Beacon Hill expects to begin coal shipments in Q4
Beacon Hill Resources has said it expects to start coal shipments from its Minas Moatize mine in Mozambique in Q4 of this year.
Arch coal announces Q2 loss
Arch coal announces Q2 loss on weak metallurgical coal market but raises forecast for thermal coal shipments.