News Archive - November 2009

Medusa Mining now on Toronto Stock Exchange

The Australian gold miner will maintain its listings on the Australian and London exchanges

Medusa Mining is now listed on the Toronto Stock Exchange.

Mandelson welcomes advanced biofuel centre to Hull

A cutting edge technology development centre planned for Hull will help to grow the UK’s economy and enhance its reputation for innovation and research, according to Lord Mandelson

UK nuclear reactors designs deemed “insufficient”

The Health and Safety Executive (HSE) has published reports on two new nuclear power station designs for the UK that highlight several issues, including initial resource shortages in technical areas

OPEC to discuss stabilizing global oil markets at December Angola meeting

Algiers and Venezuela continue to work closely in the oil production industry

OPEC will discuss stabilizing global oil markets at the December Angola meeting.

China to attend Copenhagen climate summit

Chinese Prime Minister Wen Jiabao will attend next month’s climate summit in Copenhagen, Denmark, according to the Chinese Foreign Ministry.

Abengoa Solar and E.ON Climate & Renewables partner on Spain CSP plants

The two concentrating solar power plants will supply 50MW and cut 63,000 tonnes of CO2

Abengoa Solar and E.ON Climate & Renewables are partnering on Spain CSP plants.

First Quantum to purchase Kiwara for $260 million

The acquisition will expand First Quantum’s exploration in Africa

First Quantum plans to purchase Kiwara, who has copper exploration operations in Zambia.

AREVA Inc. recruiting suppliers and builders for Maryland U.S. EPR nuclear power plant

The first US plant since the 1970s will supply energy to more than 1.6 million households

AREVA Inc. is recruiting suppliers and builders for a Maryland U.S. EPR nuclear power plant.

Plumina receives $35 million investment for LED street light facility in UK

UK Trade & Investment is helping the green technology innovator introduce its product worldwide

Plumina has received $35 million of investment for LED street light facility.

Vancouver Resource Investment Conference to be held January 2010

More than 40 experts to discuss global resource investment and 200 companies to display

The Vancouver Resource Investment Conference will be held in January 2010

Devon Energy Corporation to restructure as high-growth onshore firm

The leading North American oil and gas producer expects divestitures will generate after-tax proceeds of $4.5 billion to $7.5 billion

Devon Energy Corporation will restructure itself as a high-growth North American onshore firm.

Central banks to be top net buyers of gold

Gold reached record highs this week; BlackRock says more gold will be purchased than sold

BlackRock predicts central banks worldwide will be net buyers of gold this year.

Gas sands discovered in Cameroon by Victoria Oil & Gas

The UK-based oil and gas explorer’s shares rose Monday on the London Stock Exchange

Victoria Oil & Gas has discovered gas sands at its Logbaba site in Cameroon.

‘Third-Gen Thin-Film Solar Technologies: Forecasting the Future of Dye-Sensitized and Organic PV’

Research and Markets posts report indicating 3G PV technology is starting to emerge in energy industry

3G PV technology is emerging in the energy industry.

Brazil's power to hydroelectric dam restored

The Iptaipu Dam’s shutdown and widespread blackouts point to poor infrastructure

Brazil is recovering from a massive blackout after a major dam lost power.

ENRC says chrome output must increase 50 percent in next decade

China’s stainless steel demand to impact top ferrochrome producer South Africa

To meet Chinese stainless steel demand, ENRC says chrome production needs to increase by roughly 50 percent within the next decade.

United Conveyor Corporation Acquires O’Brien & Gere Dry Sorbent Injection Technologies

The UCC/OBG merger combines ash handling solutions and dry sorbent injection methods for coal-fired utilities

United Conveyor Corporation has acquired O'Brien & Gere Dry Sorbent Injection Technologies.

NuStar Energy L.P. prices public offering of 5,000,000 common units

NuStar’s offer is scheduled to close on Nov. 13, 2009

NuStar Energy L.P. has priced a public offering of 5,000,000 common units.

Coulomb Technologies and ChargePoint Pty Ltd partner on charging stations in Australia

ChargePoint® Networked Charging Stations will meet increased electric car market demand in 2010

ChargePoint will distribute Coulomb Technolgies' charging stations in Australia. (Photo from Coulomb Technologies)

Iran needs $40B to develop remainder of South Pars

Pars Oil and Gas Co. is working on the largest gas field in the world

Iran needs $40B to develop the last leg of South Pars.

Ecuador mineral exports could start in 2012

President Rafael Correa says the growing mining industry could propel economic development

Ecuador could begin exporting minerals in 2012.

E.ON UK, RWE npower to launch Horizon Nuclear Power Ltd.

The nuclear joint venture has been fully established and will create 11,000 jobs

RWE npwer and E.ON UK will begin operating Horizon Nuclear Power this month.

London Bullion Market Association delegates make gold, precious metal forecasts

The LBMA has a positive outlook for gold market prices through the next 12 months

Coca-Cola Recycling, Rehrig Pacific Company and RecycleBank to aid city

Atlanta, GA, households will participate in a recycling pilot program for enhanced recovery and rewards

The City of Atlanta is teaming up with several major companies in a pilot recycling program.

ConocoPhillips considers North American and North Sea property sales

CEO Jim Mulva says ‘shrink to grow’ move is in response to the global recession and fewer reserve finds

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