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News

China's Shenhua Group Investing $8 Billion in Xinjiang Coal Projects

China's Shenhua Group Investing $8 Billion in Xinjiang Coal Projects

Aug 11, 2011 at 19:23 | Charles Kennedy

Shenhua Group Corp Ltd., China's biggest coal producer, will invest $8 billion in coal-to-oil conversion projects in the country’s western Xinjiang Uighur autonomous region. According to Shenhua Group Corp Ltd.,…

Russia and Turkmenistan to Partner in Offshore Oil and Gas Exploration

Russia and Turkmenistan to Partner in Offshore Oil and Gas Exploration

Aug 11, 2011 at 18:24 | Charles Kennedy

Russia’s Itera and Zarubehzneft have signed a Caspian production sharing agreement with Turkmenistan for exploring the country’s offshore Caspian sector for oil and natural gas. Itera general director Vladimir…

Turkey Amenable to South Korea's Nuclear Energy Proposals

Turkey Amenable to South Korea's Nuclear Energy Proposals

Aug 11, 2011 at 18:23 | Joao Peixe

Turkey’s Economy Minister Zafer Caglayan told reporters during a meeting with South Korean Knowledge Economy Minister Choi Joong-Kyung in Seoul, "My ministry and the Turkish government are open to every…

OECD Reports Most Active Nations in Environmental Research

OECD Reports Most Active Nations in Environmental Research

Aug 11, 2011 at 18:22 | Joao Peixe

According to a just released report by the Organization for Economic Cooperation and Development, New Zealand’s government is the world’s most environmentally friendly country for government sponsored research, spending 13.39…

BP Exploring for Oil in Namibia

BP Exploring for Oil in Namibia

Aug 10, 2011 at 19:46 | Charles Kennedy

BP has taken 25 percent equity in Chariot Oil & Gas' exploration license in Namibia’s Orange Basin.BP acquired its share through Enigma Oil and Gas Exploration, a wholly…

Nigeria Still Considering Nuclear Power

Nigeria Still Considering Nuclear Power

Aug 10, 2011 at 19:44 | Joao Peixe

Nigeria, Africa’s largest oil producer, is considering building nuclear power plants to alleviate the country’s chronic energy shortages, despite the negativity surrounding nuclear power in the aftermath of Japan’s March…

Biomass Plants Proposed to Dispose of Fukushima Disaster Debris

Biomass Plants Proposed to Dispose of Fukushima Disaster Debris

Aug 10, 2011 at 19:43 | Charles Kennedy

Japan’s Forestry Agency is considering building biomass power plants that can use timber from the thousands of houses that were destroyed by the massive 11 March tsunami. Senior vice minister…

Turkey to Hold Third Wind Power Congress

Turkey to Hold Third Wind Power Congress

Aug 10, 2011 at 19:42 | Joao Peixe

Next month the third international annual congress of Wind Power Turkey of the Turkish Wind Energy Association will be held in Istanbul European Wind Energy Association chief executive officer…

Leading Wind Turbine Maker to Establish Assembly Plant in Brazil

Leading Wind Turbine Maker to Establish Assembly Plant in Brazil

Aug 10, 2011 at 19:41 | Charles Kennedy

Danish wind turbine maker Vestas Wind Systems A/S is building its first assembly plant in Brazil, announcing in a statement, “The investment is included in Vestas's CAPEX program for 2011.”When…

Investors Considering Iran-Iraq-Syria-Europe Pipeline

Investors Considering Iran-Iraq-Syria-Europe Pipeline

Aug 09, 2011 at 21:46 | Joao Peixe

Iranian Deputy Oil Minister Javad Owji told reporters in Tehran, "Seven international investors have announced their readiness to finance, design, and construct the pipeline that will transport 110 million cubic…


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