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 UK’s electricity market. Jonathan Rowland, editor of World Coal, highlights some of the questions it raises.