Oil & gas news
Chevron Corp. has announced a new gas discovery in the Carnarvon basin
Chevron has made another deepwater gas discovery in its WA-205-P permit area in the Carnarvon basin. It hopes to use the gas discovery to underpin expansion plans at the Wheatstone LNG hub.
INR Energy announces sale of W. Virginia coal operations
INR will sell its West Virginia coal operations to Cliff Natural resources for US$ 757 million.
API response to new oil and gas taxes
API stresses new taxes on oil and gas industry would imperil economic recovery.
Coal, Cost and Culture: Management Strategies for Improving Mine Performance
July 2010: Kay Sever outlines how Culture Change starts with Management, Not Improvement Teams or Tools
Standard and Poor’s raises Qatar’s rating to AA
Standard and Poor’s has raised Qatar’s credit rating to AA, based on strong growth prospects in the LNG sector.
Anglo American agrees sale of undeveloped coal assets in Australia
Anglo American plc has announced that it has entered into a conditional agreement to sell its interests in five undeveloped coal assets in Australia for A$580 million (approximately US$500 million) in cash.
Beach Energy Ltd enters into constructive partnership with ITOCHU Corp.
Beach Energy has signed an MOU with ITOCHU to co-operate on an LNG project that will be supplied by Beach’s onshore gas reserves.
Banpu to acquire Centennial Coal
Banpu is to acquire Centennial coal for US$ 2 billion.
Polish shale
Poland could potentially be sitting on a shale boom if the unconventional resources can be tapped.
Abengoa Solar offered conditional US$ 1.45 billion loan guarantee
Abengo Solar have been offered the conditional loan guarantee to build the world’s largest concentrated solar power plant in Arizona.