Oil & gas news
Governments agree on global treaty to cut mercury emissions
The Minamata Convention will introduce a range of global controls to reduce mercury emissions.
South African Competition Tribunal approves Glencore-Xstrata merger
The merger of Glencore and Xstrata has been approved by the South African Competition Tribunal, leaving only China yet to ok to deal.
Scottish CBM production test “successful”
Dart Energy has claimed success at its Airth CBM project, following a three month production test.
Ukrainian regions joins Shell in shale gas product share agreement
The Ukrainian regions of Donetsk and Kharkiv have voted to join Shell in a products sharing agreement in the Yuzivske shale gas filed which will accord them a 31–60% share of produced gas.
Glencore and Xstrata merger delayed again
Glencore and Xstrata have delayed completion of their merger after delays in getting regulatory clearance.
Caterpillar stung by Chinese investment
Caterpillar has announced it will take a US$ 580 million “goodwill impairment charge” on its acquisition of ERA Mining Machinery and its subsidiary, Zhengzhou Siwei Mechanical & Electrical Manufacturing Co. Ltd.
North Sea Brent oil pipeline resumes flow
Shut down following a leak at an offshore platform, a crucial Brent oil pipeline in the North Sea has been cleared for start-up.
Cryonorm wins order for LNG bunkering system
Cryonorm Systems receives order to install LNG bunkering system for Risavika harbour, Norway, from Skangass.
Cloud Peak Energy receives Crow Indian approval for PRB coal exploration
The legislature of the Crow Tribe of Indians has approved agreements with Cloud Peak Energy to explore Power River Basin coal deposits located on its reservation.
US coal prices and production down in 2012
The US Energy Information Agency (EIA) has released a report on US coal production and prices for 2012 that shows both were down from 2011 figures.