Oil & gas news

President Obama has released his new Climate Action Plan; a three pronged plan to cut releases of greenhouse gases and limit the impacts of global warming.

Gregory Boyce, chairman and CEO of Peabody Energy, has commended new measures to improve urban air quality in China, while maintaining its use of coal to power economic development.

Shah Deniz consortium chooses TAP over Nabucco West for Azeri gas pipeline to Europe; OMV confirms Nabucco’s bid is unsuccessful.

Biggest quarterly decline in coal prices in a year force mining companies to look to cut costs.

President Barack Obama has announced wide ranging plans to limit US carbon emissions, including capping emissions from power plants.

Total and private equity firm Hellman & Friedman plan to sell their 30% stakes in French cryogenicmembraen manufacturer GTT.

Bureau Veritas has launched an elastic shaft alignment notation on high powered ships, including LNG carriers.

Technip has been awarded by Statoil ASA a contract for pipelay and subsea installations for the Snøhvit CO2 Solution project.

Linc Energy is in early talks to by a Queensland coal mine from BHP Billiton Mitsubishi Alliance.

Mining operations in Scotland will be aided by reduction in charges, according to Energy Minister.