Oil & gas news
India plans huge spend to acquire overseas coal supplies
Coal India Ltd plans to invest up to US$ 1.7 billion to acquire stakes in five foreign coal mines.
Global energy industry shows encouraging signs of growth
Looking back at the first quarter of 2010, some encouraging signs of growth can be seen across the global energy industry, according to the latest data from EIC Monitor - the quarterly index that tracks newly announced projects across the global energy supply chain.
BJ Services gears up in Marcellus shale fields
BJ Services Company is expanding its tubing and casing running operations in the Marcellus shale fields of Pennsylvania, West Virginia and New York.
Shell predicts energy will grow rapidly over next two decades
Shell officials have stated that the Middle East will struggle to keep enough investment to meet the demand for natural gas over the next two decades.
Safe investments in Southern Iraq
More and more business opportunities are arising in Iraq’s southern province of Basrah. Recent months have seen a flurry of contracts signed in the oil, gas, construction and shipping sectors and the area looks set to become an energy and logistics hub.
100 years in the water treatment industry
NA Water Systems is celebrating 100 years in the water treatment industry.
Atlas Energy and Reliance Industries acquire additional acres in Marcellus shale
The two companies have announced that they have jointly acquired an extra 42,000 acres of Marcellus Shale to exploit for unconventional shale gas.
Citizen of the year award
ExxonMobil CEO, Rex Tillerson has been awarded the Houston World Affairs Council Citizen of the Year Award.
Gas OPEC seek to control prices
Algeria has asked fellow GECF members to curb production to alter the prices of gas into an upward curve.
When helicopters are unable to fly
The grounding of several helicopter flights to North Sea oil and gas platforms in the wake of the Iceland volcano has resulted in a focus on marine alternatives.