News

Oct 19, 2011 at 18:08 | Joao Peixe

The Mozambican and South Korean governments have signed two loan agreements totaling $60 million to underwrite both the establishment of an Emergency Information Management System and the building of three…

Oct 19, 2011 at 18:07 | Charles Kennedy

Germany's Wintershall Holding GMBH has restarted oil production in the Libyan desert in concessions 96 and 97, which it operates together with Russia's state owned natural gas company Gazprom, Wintershall…

Oct 19, 2011 at 18:06 | Charles Kennedy

Spain’s Abengoa Corp. announced that it will construct a bio-ethanol plant in Uruguay’s Paysandu department, for Alcoholes de Uruguay. The $120 million contract includes constructing an adjoining power cogeneration plant.…

Oct 18, 2011 at 18:14 | Charles Kennedy

Massive natural gas discoveries in northern Spain are reportedly sufficient to supply the country’s requirements for five years. Spain’s Basque regional premier Patxi Lopez says that surveys in Alava province…

Oct 18, 2011 at 18:13 | Joao Peixe

A Swiss-German investor conglomerate Thomas Lloyd Investments Group has expressed interest to invest in the Philippines’ in partnership with Bronzeoak Philippines in Negros Occidental, a province of the Philippines located…

Oct 18, 2011 at 18:12 | Joao Peixe

Vietnam has asked the Sri Lankan government for a block for oil and natural gas exploration activities in the Indian Ocean Mannar basin and expressed confidence that that Sri Lanka might accede…

Oct 18, 2011 at 18:11 | Joao Peixe

NAGSCO Corp., which is working with Liberty Oil, intends to construct its first biodiesel plant in Schuylkill County, to convert food waste oil into biodiesel fuel. The proposed facility is…

Oct 18, 2011 at 18:10 | Charles Kennedy

Kenyan solar power projects are designed to be available to individual consumers in rural areas, but funding remains scarce despite the market’s potential. Importing a finished solar pack capable of…

Oct 17, 2011 at 20:46 | Charles Kennedy

The Paris newspaper Le Monde has speculated on what the impact would be if France followed Germany’s lead and decided to phase out its nuclear power generation industry, which provides…

Oct 17, 2011 at 20:45 | Charles Kennedy

Belarus has announced that it is seeking foreign tenders to construct two nuclear power plants within the next decade in a contract worth $9 billion. Belarusian Ambassador-Designate to South Korea…

Oct 17, 2011 at 20:44 | Joao Peixe

The ongoing energy crisis in Pakistan may lead to the removal of Minister for Water and Power Syed Naveed Qamar over his seeming inability to resolve the situation. Because of…

Oct 17, 2011 at 20:43 | Joao Peixe

Indonesia’s National Nuclear Energy Agency (Batan) head Hudi Hastowo told journalists about the country’s nuclear energy efforts, stating, "The use of nuclear (energy) in Indonesia will not be for war…

Oct 17, 2011 at 20:42 | Charles Kennedy

Uganda’s Energy Ministry passed a resolution urging it to expedite preparation of the country’s Oil Resource Law and the Revenue Management Law is working with a team of lawyers drafting…

Oct 15, 2011 at 11:53 | Charles Kennedy

British auditors Gaffney, Cline and Associates have reported that Turkmenistan's South Iolotan natural gas field is the world's second largest, estimated to hold up to 21.2 trillion cubic meters of…

Oct 15, 2011 at 11:51 | Joao Peixe

Iran has suspended a development contract for its North Pars natural gas field with China National Petroleum Corporation International Ltd., "until further notice."  China National Petroleum Corporation International…

Oct 15, 2011 at 11:43 | Charles Kennedy

Ukraine's Ukrhazvydobuvannya state-owned gas mining company, a subsidiary of the state run Naftohaz oil and gas company, has finished drilling the 3.7 mile deep exploration well Number 202 at the…

Oct 15, 2011 at 11:42 | Joao Peixe

State owned oil and natural gas company PetroVietnam saw its earnings surge for the period January-May of this year. PetroVietnam’s Deputy General Director Le Minh Hong said that the…

Oct 15, 2011 at 11:37 | Charles Kennedy

Ethiopian Minister of Water and Energy Alemayehu Tajno says that the country’s proposed Millennium Dam will not harm Egypt or Sudan Speaking to journalists on cooperation between Egypt and Ethiopia…

Oct 13, 2011 at 18:16 | Charles Kennedy

The National Iranian Offshore Oil Company has announced plans to begin the development of six new offshore natural gas fields in the Persian Gulf, whose reserves are estimated at 25.7…

Oct 13, 2011 at 18:15 | Joao Peixe

Summing up the results of Russian-Chinese negotiations in Beijing Russian Federation Prime Minister Vladimir Putin told journalists that the two nations were close to signing a major natural gas contract,…