Browse the latest drilling & production news and articles.
Federal prosecutors have filed charges of conspiracy to defraud the US federal Government against the former managers of Massey Energy, who were in charge of the company at the time of the Upper Big Branch (UBB) mine disaster that killed 29 coal miners in April 2010.
Drax Group plc has abandoned plans for a dedicated biomass power plant, but pledged to invest £50 million to increase its biomass co-firing capacity.
The USA and Mexico have agreed to work together when drilling for oil and gas that goes beyond the shared maritime boundary. The US secretary of State Hilary Clinton and The Mexican Foreign Secretary signed the deal yesterday in the presence of the Mexican President Felipe Calderon and the US Interior Minister Ken Salazar.
Anadarko has encountered more gas reserves in its Lagosta 3 appraisal well, providing more gas for its proposed LNG liquefaction project.
Technip was awarded a lump sum contract by Hess Corporation for the development of the Tubular Bells field, located in the Mississippi Canyon area of the Gulf of Mexico at a water depth of approximately 4500 ft (1370 m).
Chevron and its partners have plans to spend US$ 8 billion on expanding a Kazakh oilfield.
A joint venture between Thiess and EV LNG Australia (EVT) has won an approximately US$ 500 million contract to build LNG storage and condensate tanks for the Chevron operated Wheatstone project.
Yemen LNG is to divert 20 cargos a year to Korea for the next three years to take advantage of the higher LNG spot prices as the US market has been depressed due to the impact of the shale gas discoveries there.
February 2011: Time is usually regarded as a negative in any business endeavor – the quicker, the better. After all, time is money (right?). Balancing the ‘time required for sustainable change’ with a ‘schedule for change’ is almost always an exercise in conflict.
The American Petroleum Institute say that raising oil and natural gas royalty rates is bad energy policy.
EOG has reported significantly increased quarterly and annual profits.
A dedicated cluster group has been launched by ITF in Australia to drive forward the country's oil technology development.