Oil & gas news
Half time for Sonardyne’s long endurance data log project
Half time for Sonardyne’s AMTs in long endurance data logging project
2000 UK jobs saved, following restructuring of UK Coal Operations Ltd
PwC announce almost 2000 jobs have been saved by the restructuring of UK Coal Operations Ltd.
EIB aids construction of Lithuanian LNG plant
The European Investment Bank is to lend €87 million to Klaipedos Nafta to support the construction and operation of an LNG import terminal in the port of Klaipeda.
Tanzania revises up coal reserves
Tanzania’s coal reserves are thrice as large as previously estimated.
Shell announces new CEO
Ben van Beurden has been named as the new CEO of Royal Dutch Shell, effective 1 January 2014.
Bandana Energy to invest further in Springsure Creek thermal coal project
Sale of preference equity in WICET Holdings will support Bandana’s flagship thermal coal project in Queensland.
Court orders end to Nigeria LNG ship blockade
Nigeria’s federal court has once again ordered NIMASA to end the blockade on Nigeria LNG’s ships.
EU CO2 prices may rise, says Fitch Ratings
Carbon emissions permits will rise, but the market will still favour coal-fired power plants over gas, says agency.
Piper Alpha – Learning from major disasters
This month marks the 25th anniversary of the Piper Alpha disaster when 167 people were killed in one of the most devastating incidents in the oil and gas industry’s history.
Cuadrilla exploration plan update
Cuadrilla intends to hydraulically fracture and test shale gas at its exploration well in Lancashire, UK.