Search Results
Giant Oil and Gas Company, Exxon Mobile Expect To Spend $129 billion on New Project Oil and Gas Exploration
The head of Exxon Mobil Corp. said Monday the company is not planning to shrink its staff or cut back on investment because of the global economic downturn.
Future Mineral Exploration and Mine Industry in Russia During a Global Crisis
Russia auctioned its biggest mining company a decade ago when it was strapped for cash. It’s using the global credit crisis to regain control of OAO GMK Norilsk Nickel as economic turmoil forces U.S. and European governments to bail out their own corporations.
Oil and Gas Exploration Project Fall in Prices
From the plains of North Dakota to the deep waters of Brazil, dozens of major oil and gas projects have been suspended or canceled in recent weeks as companies scramble to adjust to the collapse in energy markets.
The Big Mining Company, Rio sees ops robust to weather crisis
Global miner and takeover target Rio Tinto sees most of its projects in a strong position to weather any economic scenario, with its new ilmenite project on track to produce in 2008, it said on Sunday.
Chief Executive Tom Albanese said the $1 billion ilmenite project in Madagascar was a good example of a project [...]
Prediction Growth Of Mine Exploration Result Request From China
BHP Billiton has followed rival Rio Tinto in alerting the markets to a slowdown in the voracious appetite of China for raw materials.
The world’s largest mining group said today that China was “not immune to the global slowdown” and that macroeconomic indicators showed that “Chinese growth has softened during the quarter, albeit from very high [...]
Bruce Power President To Nuclear Industry Advisory Panel
Saskatchewan has named the president of a company that is looking at building a nuclear power plant in the province to a panel that is to advise the government on how to develop its uranium and nuclear industry.
Duncan Hawthorne, president of Bruce Power Inc., is one of 12 people who were appointed to the Uranium [...]
Demand Of Mine Raw Material (Coal, Copper, Iron Ore) From Asia Country Would Continuously Increase
Bloomberg online news reported, BHP Billiton Chairman said “Asian economic growth will slow at some point but demand for raw materials from countries such as China is expected to continue”.
This estimate gives hope to mining exploration company to increases mining operation, that supply and request of mine raw material remain to available. Supply and request [...]
Russia OGK-2 Plans Purchase Of Coal Mining Deposits
Russian power producer OGK-2 is eyeing a $1.6 billion capital increase to fund the purchase of coal deposits, as other forms of funding dry up amid the credit crisis.
A share sale would make OGK-2 the fourth major electricity company forced by the financial drought to raise fresh equity capital. Like other power groups OGK-2 wants [...]
Conocophillips Agreed To Pay $9.6 Billion For A Half Stake In Natural Gas Project
ConocoPhillips is an experienced developer and operator of LNG projects around the world and has strong ties to major LNG consumers in Asia.
ConocoPhillips, which boasts a market capitalisation of 125 billion US dollars, will make a 1.5-billion-dollar payment into the new joint venture at the end of 2010 and further payments as the project comes [...]
