Walter Energy will acquire Western Coal Corp. for C$ 3.3 billion (US$ 3.3 billion) to create a leading, publicly traded, pure-play met coal producer with total coal reserves of approximately 385 million t and a significant and growing production profile in Canada, the US and the UK.
API comments on the recent US tax recommendations.
Grain LNG, owned by National Grid Plc, has completed a capacity expansion plan worth £310 million. The terminal can now handle 20% of the UK’s annual gas demand.
In the last year a number of territorial disputes, which had been quietly ignored before the financial crisis, have come back to prominence; the disputes have been further exacerbated by the presence of oil in some instances.
Icthys LNG project, which is owned by INPEX Browse and Total, has released the invitations to tender for the project's gas processing facility on Blaydin Point, Darwin, Australia.
Minnesota Power has ordered 15 turbines from Siemens for its Bison 1 wind farm in North Dakota.
The African Continent’s west coast has long been an oil rich haven for oil companies from the west to exploit, yet now with the continual discoveries of oil rich deposits in the east, companies are turning their attention to countries like Uganda, Tanzania and Mozambique to source large quantities of Africa’s oil reserve.
Enel Green Power has opened a new 20 MW geothermal power plant in Chiusdino, doubling the geothermal power the company generates in Tuscany, Italy, after the opening of the Radicondoli 2 geothermal station at the start of the month.
China is increasingly looking to exploit its native reserves of unconventional gas but this development will not match the pace of the US.
Beach Energy and ITOCHU Corporation have identified various sites for a proposed LNG facility after discussions with the South Australia government and a visit to proposed sites.
Around the world, governments are tackling carbon emissions head-on with ambitious carbon capture and storage (CCS) programmes and the race is hotting up to lead the world on this relatively new technology and to harness its economic potential.
An update on the rescue efforts at the Pike River coal mine in New Zealand.
New research from Policy Exchange shows that Britain and the EU are only on course to meet international carbon targets because emissions have been ‘off shored’ to countries like China.
Plantation Energy Australia has signed a four year supply deal with Mitsui & Co., worth over AU$ 70 million.
Taryn Evans, Central and Latin America analyst for AKE, examines the stability of US oil imports from Latin America.