Oil & gas news

Cemtrex Inc. has entered into an agreement with a South American coal mine company to develop, supply and construct a coal mine methane (CMM) project.

The UK Coal Authority has awarded Clean Coal Ltd licences to investigate the potential for underground coal gasification (UCG) at five sites in the UK. If the investigations are successful, commercial operations could start by 2014/15 and could lead to UGC producing 3 – 5% of the UK’s total energy requirement.

BP is ranked 1st under ‘alternative energies’ and ‘environmental transparency’ categories of a new study on the most environmentally sustainable large O&G companies.

Production has now hit over 1 million bbls of oil at the Parque das Conchas fields 120 km off the coast of Brazil, where ultra deep water and a constant swell makes for tough operating conditions.

A renewable technology that generates heat from below the ground could produce a third of the UK’s renewable heat by 2020, a report from the Environment Agency has found.

Essar Group and ONGC Videsh have announced new investments in two African refineries.

Polarcus Ltd recently held a double naming ceremony for the modern, purpose built 3D seismic vessels Polarcus Nadia and Polarcus Naila. The ceremony, at the Drydocks World – Dubai shipyard in the United Arab Emirates, was attended by over 200 local and international guests.

New research by energy analysts Douglas-Westwood predicts offshore operations and maintenance expenditure to total in excess of $330 billion over the next five years – with the largest share allocated to North America during that time.

This article provides an overview of the North African hydrocarbon industry, assesses its vital regions and considers a future of promise to coincide with the global economic recovery.

Siemens Energy and Meridian Energy have signed an order for the supply of 28 SWT-2.3-101 wind turbines for the Te Uku wind power project near Hamilton, New Zealand.