Oil & gas news

The US Department of Energy has announced the selection of ten projects aimed at developing advanced technologies for capturing CO2 from coal combustion.

A new report by RNCOS has projected that global LNG growth will be healthy up to 2030, and India will be a major growth market for LNG.

Natural gas is a major component of the Egyptian energy balance and its availability has been driving a flourishing petrochemical and fertiliser industry. Cedigaz present a review of the natural gas production and consumption in the Egyptian market and medium-term projections for the future of the market.

Carmanah Technolgies has won the contract to supply, install and commission a solar power plant in Ontario with a capacity of 250 kW.

Shell has signed a long term SPA agreement with Osaka Gas, to supply 800,000 tpa of LNG.

North Sea offshore drilling activity has risen in the second quarter of 2010 by 133%, according to figures released by Deloitte; more than double the number of new wells were spudded than in Q1.

Shell is ready to award deals to drill and perform EPC on new oil wells in Iraq’s Majnoon field.

Brittany Damora, AKE Intelligence Analyst, considers security implications of Asia’s growing interest in nuclear power.

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 will sell its West Virginia coal operations to Cliff Natural resources for US$ 757 million.