BHP Billiton has bought Petrohawk for approximately US$ 12.1 billion. The transaction would provide BHP Billiton with operated positions in the three world class resource plays of the Eagle Ford and Haynesville shales, and the Permian Basin.
The UK government released its White Paper on Electricity Market Reform this week, setting forward its proposals to secure and decarbonise the UKÂ鶹´«Ã½Ó³»™s electricity market. Jonathan Rowland, editor of World Coal, highlights some of the questions it raises.
Chesapeake Energy Corporation has announced investment plans to create a natural gas fuelled highway system across America and effectively reduce American dependence on OPEC whilst boosting the economy.
QGC, a leading Australian coal seam gas explorer and producer, has selected GL Noble Denton to provide verification services for the development of the Queensland Curtis LNG project, which is expected to supply more than 8.5 million tpa of LNG through the development of two LNG trains.
API CEO appeals to Obama after disappointing employment figures suggest more jobs needed for Americans.
Pipeline companies own and manage extensive right of way corridors. One of the key challenges facing such companies is getting up to date aerial imagery.
Sinopec and Henan Coal have won the rights to explore two areas, which have been auctioned off by the Ministry of Land and Resources.
McDermott has won a subsea contract for the Macedon Gas project in the Pilbara region of Western Australia.
American Petroleum Institute President calls on US President to make course correction for AmericaÂ鶹´«Ã½Ó³»™s future
BP Iraq NV (BP) has awarded Petrofac and its joint venture partner, China Petroleum Engineering & Construction Corporation (CPECC), an inspection, maintenance and repair contract worth US$ 90 million for the Rumaila oil field in Southern Iraq.
Rockhopper Exploration, the North Falkland Basin oil and gas exploration company, has announced that it has drilled a well which is now flowing at commercially viable rates.
3Legs resources has announced that it has encountered high concentrations of gas along the entire 1000m length of the Lebien LE-2H horizontal well which was drilled to a total measured depth of 4080 m in same location as its earlier Lebien LE-1 vertical test well.
HEP will be able to provide midstream services through its newly acquired subsidiaries, Texas Pipeline and Bottom Line Services. Both subsidiaries operate primarily in the Eagle Ford Shale in South Texas.
Converteam has been awarded a new contract for nine Variable Speed Drives Systems with PetroChina for the West-East Gas Pipeline Project (WEPP).
All three sections of the first of Nord Stream's twin 1224 kilometre natural gas pipelines have now been joined together underwater by hyperbaric tie-ins. The company has also completed the construction of Line 2 in Russian waters and has resumed pipe laying in Finnish waters.