Oil & gas news
Coal in the Philippines
A new report from the IEA Clean Coal Centre assesses the prospects for coal and clean coal technology in the Philippines.
The benefits of a professional asset manager
Quality fleet management can be worth its weight in gold and can boost profits at a mining operation. Stan Orr, Association of Equipment Management Professionals, US, argues the case for professional asset managers.
ABB wins e-house order for natural gas plant
Initec has awarded ABB the contract to deliver e-houses for its natural gas plant in Bolivia
Wintershall hits oil at Hibonite
Wintershall, a unit of BASF, has made an oil discovery offshore Denmark that is estimated to contain approximately 100 million bbls of oil.
Chevron makes deepwater GoM discovery
US oil giant Chevron has made a deepwater oil discovery in the US Gulf of Mexico.
India approves 5 new blocks for exploration; rejects 3
A panel including India’s Prime Minister, Manmohan Singh has cleared 5 oil and gas blocks for oil and gas exploration, whilst rejecting three others.
The UK faces capacity crunch as coal-fired power plants close
The UK is facing a critical capacity crunch within the next few years unless the government provides clarity on its energy market reforms.
European coal: a last hurrah?
European coal demand will remain steady for the next few years but EU environmental policies will fundamentally weaken its position beyond 2020, according to research firm, Wood Mackenzie.
OptaSense and Shell agree contract extension
OptaSense signs extension to product development framework agreement with Shell
Northern Petroleum acquires further leases in Canada
Northern acquires additional leases over 4000 acres increasing its aggregate holding of petroleum and natural gas mineral rights in Canada to 9300 acres.