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Oil & gas news

Eurasian expansion

Dr. Robert M. Cutler discusses developments in Eurasian gas pipelines in 2009, with a focus on Turkmenistan’s gas reserves and current pipeline projects in the region.

 
 

Essar Group acquire US coal miner Trinity Coal

Essar Group, through its subsidiary Essar Minerals, Delaware, has announced an agreement to acquire US coal producer Trinity Coal Partners LLC from energy and commodities-focused fund, Denham Capital, for US$600 million.

 

Deepwater spend predicted to rise

New research from Douglas-Westwood predicts a global deepwater expenditure of US$ 167 billion between 2010 and 2014 - up 37% on the preceding five years.

 

Poland gets finance for LNG terminal

Polskie LNG SA has been receiving bids and arranged finance for Poland’s first LNG terminal to diversify gas supply.

 
 

News from BP

A round up of news from BP as the company discusses the Coega refinery and 2010 financial plans.

 
 
 

Petrobras discovers more oil in Campos Basin

With the drilling of a single well (6-BR-63A-RJS) Petrobras has discovered two new oil accumulations in reservoirs located in the Campos Basin, one in post-salt and the other in a pre-salt region.