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Sasol Coal Mining Company to Build New Coal Mine Exports
Coal mining company Sasol has allocated R3,1-billion for the new export coal mine to replace the depleting Twisdraai operation.
The Thubelisha export coal mine, already under construction, will also supply Sasol’s synfuels factory in Secunda, in Mpumalanga province.
Sasol Mining’s output in the six months to December 31 was up 6%, but its profit of R170-million was [...]
NTPC shortlists two coal firms from Indonesia for JV
The state-run National Thermal Power Corporation (NTPC) has shortlisted two Indonesian Companies, Persada Investama and Sugico Graha, for coal mining. The corporation proposes to participate in the forthcoming bidding process for the coastal ultra mega power projects (UMPP) based on its proposed agreement with these Companies.
According to sources, NTPC and Indonesian coal Companies can jointly [...]
US hopes for clean coal energy
Much talked-about US efforts to build a coal-fired power plant with near zero emissions are now concentrated in a single project, as the costs and difficulties of the endeavour have mounted and the stakes have risen.
FutureGen, a $US1.5 billion public-private venture, aims to design and test the technology required to turn coal into a gas [...]
With nuclear off and coal thin, Japan hunts for LNG
A few Japanese power companies are tentatively seeking spot cargoes of liquefied natural gas (LNG), as they brace for a hot summer with low coal stocks and reduced nuclear power rates, market sources said on Friday.
But even coupled with opportunistic buying from India and China, the fresh demand seems unlikely to lift Asian spot LNG [...]
Clean Coal Production Key To Reducing Greenhouse Gas Levels
Coal is the major fuel used to generate electricity worldwide, but burning it adds more carbon dioxide, a greenhouse gas, to the atmosphere per unit of heat than does burning other fossil fuels like oil and natural gas.
To ensure that use of coal does not continue to contribute to environmental and climate problems, scientists and [...]
Golden Eagle Confirms Confidence Demonstrated by Recent World-Class Projects in Bolivia
Golden Eagle International, Inc. confirmed its scheduled Conference Call and simultaneous Webcast on Thursday, March 8, 2007, at 4:15 p.m. EST (3:15 p.m. CST; 2:15 p.m. MST and 1:15 p.m. PST). The Webcast will feature a PowerPoint presentation updating progress on the C Zone gold project and the Buen Futuro A Zone gold-copper project. (IMPORTANT: [...]
Inpex to Spend 200 Billion Yen a Year on Oil Fields (Update1)
Inpex Holdings Inc., Japan’s largest oil explorer, said it will spend more than 200 billion yen ($1.7 billion) annually to search and develop oil and gas fields over the next three to four years.
The annual investment will include developing Indonesian gas fields, Chairman Kunihiko Matsuo, 71, said in an interview at the company’s Tokyo headquarters. [...]
India’s steel industry steps onto world stage
Tata Group’s new status as the world’s fifth-largest steel firm signals a milestone for the Indian economy.
There was much jubilation in India when the Tata Group, an Indian conglomerate, won a bid late last month for the Corus Group, an Anglo-Dutch steel firm. The deal catapulted the new global entity to become the world’s fifth-largest [...]
CEO on energy group that will discourage coal-fired power plants
A high-powered group including Duke Energy’s Jim Rogers will unveil its plan today to address global warming by discouraging coal-fired power plant projects similar to one Rogers urged N.C. regulators to approve on Friday.
Opponents of Duke’s proposal to build two 800-megawatt coal-fired units at its Cliffside facility west of Charlotte say Rogers is contradicting himself.
