Oil & gas news
New pipeline plan for South Sudan
After recent disputes with its northern neighbour, South Sudan is to announce plans for a new pipeline next week.
Oil prices stay high in light of imminent European ban on Iranian oil
The European Union is expected to agree to impose a ban on imports of Iranian oil as soon as Monday
Czech coal miner, New World Resources, announces 2012 production and price outlook
New World Resources, a leading hard coal and coke producer in Central Europe, has announced its production and sales targets for 2012.
Petroleum demand in 2011
The American Petroleum Institute have released information showing that petroleum demand was down in 2011.
FLSmidth makes offer for Ludowici Ltd
Danish engineering company, FLSmidth, has made an offer for Ludowici Ltd, a leading provider of coal centrifuges, vibrating screens and complementary wear resistant products and services for the minerals industries. The acquisition would enable FLSmidth to complete its coal processing product ofference and strengten the company’s position in one of the largest mining markets in the world.
World’s first modular small scale GTL facility passes test programme
CompactGTL has developed commercial scale technology that could help unlock previously uneconomic oilfields.
Claims of a ‘spill’ from the KS Endeavor
As fire continues to ravage the KS Endeavor, chartered by Chevron, there are claims that crude oil has begun to wash ashore.
Chinese-built Scarabeo 9 rig arrives in Cuban waters
Companies line up to hire the Scarabeo 9 as it prepares to begin drilling in the deepwater Florida Strait.
Foster Wheeler wins contract for Indian LNG import terminal
Foster Wheeler’ India subsidiary, Foster Wheeler India Private Limited, has been awarded a contract for a new LNG receiving terminal to be built in Ennore, in the state of Tamil Nadu, India.
Chevron announces new gas discovery in Carnarvon Basin
Chevron Corp. today announced a natural gas discovery by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia.