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Chevron To Build Biggest Natural Gas Project in Australia
Chevron Corp. on Monday committed to building Australia’s biggest natural resource project, a $37 billion facility that will pump natural gas from the ocean floor, cool it into a liquid and ship it to the hungry economies of East Asia.
BHP and Rio Tinto Iron Ore Joint Venture, Positive for Brazilian Mining Company
BHP and Rio Tinto’s $140 billion iron ore joint venture has been good news for Brazilian iron ore giant Vale, according to a senior figure in Brazil’s asset management industry — one of the world’s top 10.
“The fact of the merger will be seen as positive for Vale,” said Itau-Unibanco Asset Management global product specialist [...]
Coal Mining Exploration Forecast Probably not so hot anymore
The recent drop in the market price of coal from its record levels earlier this year will adversely impact earnings of Indonesian coal producers. Based on this factor, going forward, we expect weaker coal prices in line with the downtrend in oil prices, while higher supplies are expected on China’s higher exports as domestic consumption [...]
Improvement Of Coal Mine Exploration And Safety Of World Climate
the increasing of request of produce of coal in some states results exploration company of coal and company produce of coal increases activity to fulfill request and coal supply.
the increasing of request of coal is applied to fulfill requirement of public electric energy. In some states, improvement of exploration and supply of coal makes state [...]
National mineral reserves to be set up to meet high demand
China is mulling over a national mineral resources reserve system to ensure economic security in the wake of rising global prices and blistering domestic demand, a senior government official said Friday.
Wang Min, deputy minister of land and resources, said: “The main reason for setting up the reserve is to ensure stability and sustainability, and avoid [...]
Abler Minded: $10 a gallon gasoline
In Sunday’s Brainerd Dispatch, in an Open Forum letter, the secretary of the Crow Wing County DFL wrote about the lack of a coherent, national energy policy – a situation that I, too, find unsatisfactory.
In the letter, the author stated, “We need to hear what to do when gas hits $10 a gallon.”
The assumption being [...]
The Top Energy Stories to Watch in 2008
This review from usnews.com if you want to completed about this review you can find more in : usnews.com
Say goodbye to the year that brought a 65 percent run-up in the price of a barrel of oil and a Nobel Peace Prize to punctuate the message of the heralds of climate disaster. It was a [...]
Progress made on solving N.Korea uranium issue: U.S.
Progress has been made towards answering suspicions North Korea tried to enrich uranium for atom bombs but the issue is “by no means” solved, the chief U.S. negotiator on Pyongyang’s nuclear disarmament said on Wednesday.
Christopher Hill was speaking after talks with Mohamed ElBaradei, director of the watchdog International Atomic Energy Agency (IAEA) which has monitors [...]
Oil Drops on Lower Demand Forecast
The price of crude oil extended its slide today after a prominent energy group lowered its estimate for worldwide oil demand, saying high prices were harming consumption.
Oil was down nearly $3 in midday trading in New York, at $91.72 a barrel. Last week, oil futures reached a high of $98.62 a barrel. Oil prices, which [...]
