Oil & gas news

Following the arrival of the Ocean Guardian in Falkland waters on 19 February 2010, Desire Petroleum has announced that the Liz 14 /19-A exploration well has been spudded.

China is to focus more heavily upon developing renewable energy sources under a ten-year renewable energy promotion campaign.

The Indian minister of coal, Sriprakash Jaiswal, has called for the adoption of clean coal technologies and the increase in coal production levels in order to decrease greenhouse gas emissions and meet future energy demand.

Schlumberger Ltd and Smith International, Inc. have announced a definitive merger agreement in which the companies would combine in a stock for stock transaction.

March 2010: Kay Sever outlines invisible barriers that can sabotage change.

The UK energy market is in danger of falling short of energy demand and needs tighter controls to ensure enough extra capacity comes online.

One of the largest mining groups in the world, Anglo American, has announced its results for 2009. Operating profits stood at US$ 5 billion, dropping 50% on 2008. Coal operations also suffered big drops in profit, with met coal down 59% and thermal coal down 33%.

Deloitte, the business advisory firm, has produced its first ranking of UK upstream independent oil companies.

Gulfsands Petroleum plc provides an update on the company's drilling and production operations in Syria.

Recent news from the European downstream industry in Italy, Poland, Romania and Britain.