Oil & gas news
Mining results continue to be written in red as Anglo American announces loss
Anglo American becomes the second mining major to dip into the red, announcing pre-tax losses of US$ 239 million.
A breath of fresh air
Dr Andrew Minchener OBE, IEA Clean Coal Centre, UK, explains methods for controlling non-greenhouse gas emissions from Chinese coal-fired power plants.
US coal industry will be discussed at the new KCA Symposium
Kentucky Coal Association and the Coal Prep Show announce the KCA Symposium to promote discussion of current issues facing the US coal industry.
Statoil to construct Barents Sea oil pipeline
Statoil is preparing to develop the Barents Sea’s biggest oil finds and will bring the crude ashore via pipeline, according to partner Petoro AS.
Teekay LNG orders two stroke gas engines
Teekay LNG has ordered two LNG carriers with dual fuel, two stroke gas injection engines
Rio Tinto announces first loss since 1995
Anglo-Australian mining giant, Rio Tinto, has announced a US$ 3 billion loss in 2012, following massive writedowns on its aluminium and Mozambique coal businesses.
Tanker owners set for tough year
Drewry’s latest Tanker Forecast report predicts that overcapacity will result in a difficult year for oil tankers.
GlobalData consultant on State of the Union
US President Obama offers no leadership on oil and gas in State of the Union, states GlobalData consultant.
Cloud Peak Energy signs agreement to export coal through planned West Coast terminal
Cloud Peak Energy has signed an agreement with SSA Marine that provides it with an option to export up to 16 million tpa through the proposed Gateway Pacific on the US West Coast.
Climate change in America
According to a poll, 605 of Americans support Presidential action to fight climate change.