Oil & gas news

February 2010: Kay Sever asks if companies really understand their improvement shortfalls?

A new type of continuous barge unloader (CBU) from ThyssenKrupp Fördertechnik will be put into operation at the Bontang Coal Terminal this Spring.

A brief overview of two of the latest refining projects

An overview of the North American natural gas industry

The Norwegian energy ministry has awarded Wintershall Norge ASA working interests in four new exploration licenses in the current licensing round, APA 2009. They comprise two new licenses in the Norwegian North Sea, one license in the Norwegian Sea and one license in the Barents Sea for the BASF subsidiary.

Newfield Exploration Co. has achieved record gross operated production of 323 million ft3/d of natural gas equivalent from the company's Woodford Shale play in the Arkoma Basin of southeastern Oklahoma.

In my last column of 2009, I ended on a positive note cautiously claiming that all sectors across the energy supply chain were beginning to see signs of a recovery. Let’s take a look at some of the sectors in more detail.

Weatherford International Ltd has reported Q4 2009 income from continuing operations of US$ 15 million, or US$ 0.02 per diluted share, excluding an after tax loss of US$ 0.06.

India Resources Ltd has signed a Letter of Intent with Bankura DRI Mining Manufacturers Co. Private Ltd for a 30 year contract worth about AU$ 500 million to develop and operate the Biharinath coal mine.

Energy and Resources Minister Gerry Brownlee has announced the opening of bidding for six new petroleum exploration blocks across the Reinga Basin off the northwest coast of New Zealand.