Oil & gas news
Major oil Companies launch subsea well response project
BG Group, BP, Chevron, ConocoPhillips, ExxonMobil, Petrobras, Shell, Statoil and Total have signed an interim agreement to jointly develop well-capping technology.
ExxonMobil and Total partner in Poland shale gas exploration
Total and ExxonMobil have signed a partnership for the exploration of shale gas in two licensing areas in the Lublin Basin in South eastern Poland.
Obama outlines new domestic energy plans; API responds
The President’s plan includes increased development in the Gulf of Mexico and Alaska, as API recognises the strategy as progressive, but with significant limitations.
API criticises Joint Economic Committee study released by Congress
API believes that the new study understates the potential damage that would be caused should taxes on the US oil and gas industry be raised.
Alkane Energy seeking partner in CBM exploration in the UK
Envoi seeks specialist company for strategic entry in largely unexplored CBM resource potential, onshore U.K.
NPRA attacks new energy tax proposals
Charles T. Dreva issues a statement strongly criticising Senate proposals to eliminate tax deductions for oil and has producers and refiners.
Alabama coal mine reopens after severe weather
An underground coal mine has reopened in Alabama after ceasing operations at the end of April due to extreme weather in the southern US.
API criticises proposed legislation to increase taxes on US oil and natural gas companies
API president and CEO said the plans would damage the American economy and energy security.
CNOOC contract Intergraph to manage engineering data
CNOOC, the largest offshore oil and gas producer in China, has selected Intergraph SmartPlant Foundation to manage the engineering information of its offshore platforms and oil fields as part of CNOOC’s Engineering Digital Information System (EDIS) project.
Sable Mining Africa publishes bankable feasibility study for Rietkuil coal project
Sable Mining Africa Ltd has published a bankable feasibility study (BFS) on Delta Mining Consolidated Ltd’s (DMC) Rietkuil coal project in South Africa.