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BP Makes Gulf of Mexico Environmental Data Publicly Available

Access to data from the Deepwater Horizon Response and environmental assessment will lead to a better understanding of the condition of the Gulf

BP yesterday announced it is launching an effort to make a vast quantity of environmental data collected from the Gulf of Mexico publicly available and easily accessible.

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U.S. District Court Again Finds Severstal North America Has the Right to Produce Aluminized Boron Steels

Severstal North America, a subsidiary of OAO Severstal, announced that the U.S. District Court in Delaware found in summary judgment that ArcelorMittal’s reissue patent for aluminum coated steel sheet for hot stamping not infringed by Severstal Dearborn, LLC and the other defendants.

The District Court Judge stated the reissue patent was invalid because it was improperly broadened long after the permissible time period within which a patent may be broadened.

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NOV Wins 2013 World Oil Awards

National Oilwell Varco won the award for Best Health, Safety, Environment/Sustainable Development Onshore technology for its AQUA-VESTM Mobile Water Treatment System at the 2013 World Oil Awards Gala on October 17, 2013. Two other National Oilwell Varco technologies were finalists in the categories for Best Drilling Technology and Best Well Intervention.
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BP Partners with The University of Texas on Leading-Edge Energy Research

Company commits nearly $4 million for new, jointly administered program initially focused on BP’s Project 20K™, increased shale gas recoveries and other areas.

BP announced it will commit $4 million to launch a new strategic partnership with The University of Texas at Austin to support several leading-edge oil and gas industry research projects, with the potential for increased contributions as new studies are identified in the future.  

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Capstone Mining Provides Update on Pinto Valley Acquisition

Capstone Mining Corp. (TSX: CS) announced yesterday that all conditions to the completion of the previously announced acquisition of the Pinto Valley copper mining operation and the associated San Manuel Arizona Railroad Company have now been met and Capstone and BHP Billiton will now proceed to close the transaction with a target date of October 11, 2013.

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Coronet Metals Completes Construction at Liberty, Commences Commissioning

Coronet Metals Inc. (TSXV: CRF) (OTCQX: CORMF) (FWB: 2CM) announce that it completed construction at its Liberty Gold Processing Facility in Amargosa Valley, Nevada. The custom circuit to process gold concentrates is now being commissioned with commercial production expected before the end of October.

The gravity, magnetic separation and grinding circuits have been commissioned and are working well. The agitated leach, filtration and Merrill-Crowe circuits are complete and have been water tested.

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Arch Coal Responds to EPA's Release of New Source Performance Review Standards

Arch Coal, Inc. (NYSE: ACI) issued the following statement in response to the U.S. Environmental Protection Agency's proposed New Source Performance Standards (NSPS) announced recently:

"The coal-based generation industry has made tremendous progress in reducing emissions in recent years – with non-greenhouse-gas emissions per unit of coal consumed down 90 percent since 1970,"

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Governments of Russia and the USA signed an agreement on the cooperation in nuclear and energy research and development

On the 16th of September, 2013, in Vienna Sergey Kirienko, the Director General of the State Atomic Energy Corporation ROSATOM, and Ernest Moniz, the Secretary of the United States Department of Energy, on behalf of the governments of the two countries signed the Agreement between the Government of the Russian Federation and the Government of the United States of America Concerning the Cooperation in Nuclear and Energy Research and Development (R&D Agreement).

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SKF to acquire US-based Kaydon Corporation

SKF and Kaydon Corporation (NYSE:KDN) have agreed that SKF will acquire Kaydon in an all-cash transaction valued at approximately USD 1.25 billion, including USD 95 million of net debt. The transaction will be paid through existing cash and credit lines and will be accretive to SKF earnings in year one.

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North American Coal Corporation: Acquisition of Reed Companies

The North American Coal Corporation announced that it acquired, through a wholly owned subsidiary, four related companies - Reed Minerals, Inc., Reed Hauling Inc., C&H Mining Company, Inc. and Reed Management, L.L.C. - from members of and entities controlled by the Reed family. These companies, which will be known as Reed Minerals, are based in Jasper, Alabama and are involved in the mining of bituminous coal.

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