Oil & gas news

White paper to bring about biggest reforms since privatisation.

Peabody Energy and ArcelorMittal SA have confirmed that they have jointly submitted an indicative proposal to the board of directors of Macarthur Coal Ltd to acquire all shares of the company.

Western Australia’s Premier Colin Barnett has told Asian business leaders at the Boao Forum for Asia Conference that Western Australia has the potential to be the world’s largest LNG exporter by 2020.

Caterpillar has announced it has completed its US$ 8.8 billion acquisition of Bucyrus International.

API CEO appeals to Obama after disappointing employment figures suggest more jobs needed for Americans.

SBM Offshore, The Linde Group’s Engineering Division, PTT FLNG Limited and PTTEP Australasia have signed a partnership agreement for the development of an FLNG facility in the Timor Sea off Northern Australia.

Cedigaz, the International Association for Natural Gas, has predicted that the world LNG trade will bounce back in 2011 and there will be little excess, in spite of new capacity additions.

How can the pipeline industry is finding profit in social responsibility? Gordon Cope reports on CSR.

Wärtsilä has been awarded a five-year technical management contract by Ceres LNG Services Ltd, a Greek ship management company and a major marine service provider in LNG shipping, covering six LNG carriers.

McDermott has won a subsea contract for the Macedon Gas project in the Pilbara region of Western Australia.