Oil & gas news

API stresses new taxes on oil and gas industry would imperil economic recovery.

July 2010: Kay Sever outlines how Culture Change starts with Management, Not Improvement Teams or Tools

Standard and Poor’s has raised Qatar’s credit rating to AA, based on strong growth prospects in the LNG sector.

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 has signed an MOU with ITOCHU to co-operate on an LNG project that will be supplied by Beach’s onshore gas reserves.

Banpu is to acquire Centennial coal for US$ 2 billion.

Poland could potentially be sitting on a shale boom if the unconventional resources can be tapped.

Abengo Solar have been offered the conditional loan guarantee to build the world’s largest concentrated solar power plant in Arizona.

Following constructive discussions with the mining industry, Australia's newly appointed prime minister, Julia Gillard, has moved to scrap the controversial Resource Super Profits Tax (RSPT), replacing it with a Mineral Resource Rent Tax (MRRT).

National Coal Corp. has started construction of Mine 12, which is expected to produce up to 40,000 t of coal per month when completed.