Stay up to date with the latest news and updates from the oil industry.
Hunnu Coal has announced the results of coal quality analyses performed on samples taken from the due diligence drill cores at the Tsant Uul coking coal project. Initial test results demonstrate similarities to coals at the giant Tavan Tolgoi field.
Ocean Power Technologies has been awarded a grant for further development of its Powerbuoy wave power technology.
Peabody Energy has approved the expansion of the Wilpinjong thermal coal mine in New South Wales, Australia, which is expected to increase production by 2 – 3 million tpa from 2012 as part of the company’s push to increase Australian production to 35 – 40 million tpa by 2014.
Frank Clemente Ph.D, examines the economic, environmental and social benefits of using coal.
The Digest of United Kingdom Energy Statistics 2010 is published today by the Department of Energy and Climate Change.
Infield Systems Ltd considers how the shockwaves of the Deepwater Horizon incident will be felt across the deepwater sector.
The National Control Center for US wind farms is making use of SCADA system.
NPRA’s Drevna comments on National Journal’s Energy & Environment blog.
In spite of the furore over the Macondo spill, deepwater drilling is continuing unabated in Africa.
The most recent EIC Monitor which tracks new energy projects has found that though there has been significant investment in the sector, total investment is still down 6% since the same quarter last year.
BP has taken a pre-tax charge of US$ 32.2 billion for the Gulf of Mexico oil spill, including the US$ 20 billion escrow compensation fund previously announced.
Macarthur Coal has been forced to cancel a AU$ 110 million deal with CITIC Resources over a coal joint venture, as it has failed to secure waivers of pre-emptive rights from all minority participants.