Oil & gas news
Playing with the Monopoly
Paul Baruya, IEA Clean Coal Centre, UK, provides a brief overview of the Russian coal industry. This article takes extracts from an original IEA report authored by Geoff Crocker.
Rio Tinto assumes control of Riversdale Mining Ltd
Rio Tinto has acquired a majority interest in Riversdale Mining Ltd, delivering control of significant tier one coking coal projects. Rio Tinto’s shareholding in Riversdale passed 50% and may increase further with the takeover offer remaining open until 20 April 2011.
Fluor wins contract to build 20 MW Copper Crossing solar power plant
SunPower Corporation has awarded Fluor Corporation the construction contract for the 20 MW Copper Crossing photovoltaic solar power plant in Pinal County, Arizona.
NuStar and TexStar to develop extended Eagle Ford Shale pipeline system
NuStar Logistics, L.P. and TexStar Midstream Services, LP today announced that they have signed a letter of intent to develop a new pipeline system to transport Eagle Ford Shale crude and condensate to Corpus Christi.
UK and Saudi Arabia meet to discuss high oil prices
UK energy minister Chris Huhne comments on global oil prices during Saudi visit.
BP accesses four CBM production sharing contracts in Indonesia
BP confirmed today that it has signed four new coalbed methane (CBM) production sharing contracts (PSCs) in the Barito basin of South Kalimantan, Indonesia.
Yemen LNG denies a press report about an attack on Balhaf facility
Yemen LNG has strongly denied that its facility at Balhaf, Shabwah came under attack from armed militants after it was earlier reported by an unnamed source.
API responds positively to Obama’s National Clean Fleets Partnership
The American Petroleum Institute praises the president’s focus on natural gas as a source of clean, abundant fuel.
AMEC awarded £ 60 million management contract by BP
AMEC, the international engineering and project management company, has been selected by BP Exploration and Production to programme manage their existing portfolio of onshore and offshore projects in the North Sea, estimated to be worth £60 million over the four year contract.
Coal, Cost and Culture: The Cultural Dangers of 'Strong-Arming'
April 2011: Kay Sever explains the dangers of 'strong-arming', this problem can be particularly prevalent at old mining properties which have seen many superintendents and managers come and go, all with different personalities and management styles.