Oil & gas news
UK energy minister says coal still has an important role to play
John Hayes, UK energy minister, stressed coal’s continuing importance in the UK energy mix in a speech at the World Coal Association Leadership Reception.
dGB Earth Sciences’ OpendTect and OSR to benefit students worldwide
An academic license agreement has seen more than 2600 students from around the world benefit from free access to commercial seismic interpretation software.
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.