Oil & gas news
South Sudan expects 1 million bbls of oil exports to leave Sudan
According to its oil minister, South Sudan is expecting a first oil shipment of 1 million barrels to dispatch from Port Sudan terminal this week.
GEFCO, Inc. integrates with sister company
The designer and manufacturer of portable drilling rigs and related equipment has announced an integration with its sister company Astec Loudon
Obama Administration Climate Change Plan announced
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.
Boyce praises China's push for cleaner air
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.
Nabucco West loses out to TAP in Shah Deniz II gas pipeline project
Shah Deniz consortium chooses TAP over Nabucco West for Azeri gas pipeline to Europe; OMV confirms Nabucco’s bid is unsuccessful.
Peabody and Glencore Xstrata cut Australian mining jobs
Biggest quarterly decline in coal prices in a year force mining companies to look to cut costs.
Obama's climate change plan targets coal
President Barack Obama has announced wide ranging plans to limit US carbon emissions, including capping emissions from power plants.
Total and Hellman & Friedman to sell their stakes in GTT
Total and private equity firm Hellman & Friedman plan to sell their 30% stakes in French cryogenicmembraen manufacturer GTT.
Bureau Veritas introduces ESA notation
Bureau Veritas has launched an elastic shaft alignment notation on high powered ships, including LNG carriers.
Snøhvit CO2 - Pipelay, subsea contract for Technip
Technip has been awarded by Statoil ASA a contract for pipelay and subsea installations for the Snøhvit CO2 Solution project.