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Mining Technology Development, Syngas Success Used Coal Gasification Technology by Siemen Fuel Gasification Technology
Syngas has advised that analyses of core samples from the Company’s JORC classified coal resources at Clinton, match the coal quality of previously successfully gasified coal using gasification technology that is now owned by Siemens Fuel Gasification Technology GmbH & Co KG (Siemens).
Utah Oil Promising Alternative Oilfield Source
Years of rising energy demands have significantly depleted traditional and easily-acquired energy resources, even as large deposits of unconventional resources have remained undeveloped due to the high expense and complicated technology involved in extracting them. But with the price of crude oil and gasoline up and supply shrinking, nontraditional resources are being seriously considered as [...]
Uranium Funds Points to Near-Term U3O8 Price Decline
Nuclear Market Review [NMR] editor Treva Klingbiel reported in this week’s issue, “Two sellers that were evaluating bids in response to their auctions have concluded their evaluations and have decided not to sell at this time.” She added, “Both sellers preferred to make delivery in June while most bidders were seeking delivery for several months [...]
Utah, Colorado rival OPEC oil reserves, lure Chevron, Exxon, Shell
Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined.
That’s not science fiction, according to Bloomberg News. Trapped in limestone up to 200 feet (61 meters) thick in the two Rocky Mountain states is enough so-called shale oil to [...]
Talisman Energy Plans to Redevelop Yme Field in Norway
Talisman Energy Norge AS, a wholly owned subsidiary of Talisman Energy Inc. , has announced plans to redevelop the Yme field on the Norwegian Continental Shelf.
“We expect that Norway will be a significant contributor to Talisman’s production growth over the next five years and beyond,” said Dr. Jim Buckee, President and Chief Executive Officer. “The [...]
Cuban Oil and Ethanol Could Prosper in Havana’s Hunt for Energy Supplies
• The pace is now quickening for the Cuban oil industry, whose previous dependence on Moscow for its supplies and operations ended with the demise of the Soviet Union
• Havana is on track for securing energy independence through relationships with foreign investors, including China and Venezuela, among others
• Venezuela proudly flaunts its involvement in the [...]
Saudi Arabia has enough oil for over 140 years
As the Opec oil ministers opted in the historic and picturesque Hofburg Palace in Vienna to rollover their current output quota — rather nervously -– for another term, a very engrossing, encompassing and interesting debate was raging on the side lines and the entire energy fraternity was passionately involved.
With the Saudi prosperity almost solely dependent [...]
In Pharaohs’ footsteps, Egypt eyes new gold-mining era
After a 2,000-year lapse, Egypt is looking to acquire a gold-mining industry again by revisiting ancient deposits of the precious mineral that symbolized the glory of the Pharaohs.
Josef al-Raghy surveys Sukari Hill, a large reddish outcrop in Egypt’s Eastern desert dotted with his Centamin company’s drilling rigs.
“We already have proven resources of 6.7 million ounces [...]
Australia pleads for mining favour in Russia
Trade ministers are like the Fuller brush salesman. The job requires long days and hard traveling, sleep-short nights in dreary hotels, selling a premium brand-name for a cheap product that customers usually think they need no more of. And when the salesman returns to headquarters, the boss hardly notices him.
