Santos output climbs 13% as new projects lift production

Australian energy major Santos has reported a 13% increase in production during the first quarter ended March. Production reached some 12.4-million barrels of oil equivalent, primarily owing to added production from new assets, including first...

Santos profit surges 51% on higher oil and gas prices

Australian oil and gas major Santos has reported a 51% increase in its net profit for the full year ended December, soaring to $753-million. The miner reported a $408-million profit after tax from asset sales, including a 15% interest in the...

Bright future for African coal - AfDB

Coal production in Africa will increase at an average of three percent a year to 2011, on rising demand especially from Asia, a senior African Development Bank official forecast on Friday. A sharp increase in oil prices, which touched a record...

Ingwe will be world's best, Seedat promises

The benchmark coal-mining company of the world is the ambition that BHP Billiton president energy coal Mahomed Seedat has for Ingwe Colliery, BHP Billiton’s largest energy-coal asset.