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Russia Gears Up To Boost Oil Production In July

Russia Gears Up To Boost Oil Production In July

According to export schedules and…

240,000 Bpd Offline Following Clashes In Libya

240,000 Bpd Offline Following Clashes In Libya

Continuing clashes between the Libyan…

Chilean Court Nixes $5bn Thermoelectric Power Plant

A huge thermoelectric power plant joint venture between Brazil’s MPX Energia SA and Germany’s E.ON has been sidelined by a Chilean court over environmental concerns.

Earlier this week, the court rejected proposed plans for the $5 billion, 2,100MW Central Castilla thermoelectric power plant, giving in to opposition from fisherman and artisans who were concerned about the damage to the environment from the coal-fired mega plant.

The court did leave open another window of opportunity for the venture to resubmit an environmental impact study at a later date.

By. Joao Peixe of Oilprice.com



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