Industry downturn to get worse before it improves: Texas group The current oil and gas industry downturn, which some analysts call the worst since the 1980s, is likely to get worse before it gets better, the Texas Alliance of Energy Producers said Monday in unveiling...More...
Coking coal spot prices make further declines
Spot metallurgical coal prices made further three-month declines of about 17% for some benchmark grades after the huge correction in the first quarter to largely converge with 2009 benchmark fiscal year settlements heard done in March for PCI coal and later for hard coking coal supplied by top seaborne exporter BHP Billiton-Mitsubishi Alliance. Read
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Total aims to avoid 2009 production decline
French major Total hopes it can avoid a production decline for 2009 as a whole despite falling output in the first quarter, CFO Patrick de la Chevardiere said May 6 following the release of the company's first quarter results. Read
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Total aims to avoid 2009 production decline
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