Lukoil fully replaces oil and gas reserves in 2012
Russian producer, Lukoil has revealed that the company’s oil and gas reserves stand at 17.3 billion bbls of oil equivalent.
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Russian producer, Lukoil has revealed that the company’s oil and gas reserves stand at 17.3 billion bbls of oil equivalent.
After the recent attack on the Amenas gas plant, the CEO of Sonatrach has stepped down.
Arch Coal, one of the largest US coal producers, has released its full year results for 2012 showing a US$ 295 million net loss in Q4 2012.
Wood Mackenzie has released two reports analysing effects of Australia's extreme rainfall on the coal and coalbed methane (CBM) industries.
Brazilian mining major, Vale, has announced record coal production in 2012 as its operations in Mozambique and Australia continue to ramp up.
Dr Don Elder, CEO of Solid Energy, has announced his resignation from the company.
Ernst & Young has released analysis that questions the value of steelmakers buying metallurgical coal and iron ore assets to ensure security of supply.
Earlier this week, GE Oil & Gas held its 14th Annual Meeting in the historic Italian city of Florence.
Weak demand from Chinese and Australian coal mines has helped to drive orders for Sandvik’s products and services down by 5% in Q4 2013 compared to the same period in 2011.
Caterpillar has reported record earnings of US$ 65.9 billion in 2012, despite a US$ 580 million writedown on its Siwei acquisition.
Central European coal and coke producer, New World Resources, has announced an increase in metallurgical coal prices for Q1 2013, but significantly lower thermal prices.
Iran is planning to begin construction of the Iran-Pakistan pipeline next month but faces a number of serious political and security concerns, which may mean that it never realises its potential.