Oil & gas news

Two die in second pipeline explosion in Texas.

New Zealand coal miner, Solid Energy, plans to build an underground coal gasification plant on its Huntly West Coal Mining Licence area, Waikato. The plant, which is subject to approval of the relevant applications, will convert up to 30,000 t of coal into syngas and builds on 5 year’s of investigation by the company.

US Energy Secretary Steven Chu sent the following letter to Senator Richard Lugar on 9th June regarding Senator Lugar’s ‘Practical Energy and Climate Plan Act of 2010’.

Siemens Energy has successfully completed the first firing of PetroAlgae Inc.’s biocrude fuel, a plant-based, micro-crop biomass material that is processed into a solid residue. The biocrude fuel was combined with pulverised coal in a pilot-scale burner with a thermal capacity of approximately 4 MBtu/hour.

Close to China and its huge demand for natural resources, Mongolia has vast untapped resources that are ripe for exploitation, including huge coal deposits. Hunnu Coal aims to help develop these resources and has recently acquired a 60% interest in the Buyan coal project, in the giant Tavan Tolgoi coking coal field in the Umnugobi Province of Mongolia.

BP’s projected liabilities for the Gulf spill dwarf those of Chevron over its toxic dumping in Ecuador.

Speaking in China, ExxonMobil’s Senior Vice President outlined the need for stronger partnerships and the use of cutting edge technology in the energy industry to access new reserves.

Yemen LNG is nearing 100% production capacity after second production train starts.

Alaska’s Governor has signed two new pieces of legislation encouraging the use of geothermal power; cutting royalty rates and deregulating renewable energy projects.

The new wind farm will have 160 wind turbines, making it one of the largest in Europe.