Walter Energy Inc. has announced an acquisition proposal and exclusivity agreement with Western Coal Corp. It has also agreed to acquire a 19.8% stake in Western Coal from Audley Capital.
Williams has acquired 85,800 acres of core Bakken shale from private owners for US$ 925 million, and expects to invest a further US$ 300 million developing the assets.
The head of the Australian Geothermal Energy Association has called for more funding for the geothermal industry in line with the grants received by the solar and clean coal industry.
The UK is on target to meet its target of deriving 15% of its generated power from renewable sources by 2020 according to a report by The National Grid.
CB&I Lummus has been awarded a FEED contract for the Shtokman LNG storage and loading facility at the seaport in Terriberka in the Murmansk region of the Russian Federation.
Foster Wheeler AG has been awarded a contract to design and supply a solar steam generator system (preheaters, drum-type evaporators, and superheaters) including interconnecting piping, valves, primary I&C, steel structures, and site advisory services for a plant located in Abu Dhabi, UAE.
Continental Coal’s South African subsidiary has completed the US$ 35 million acquisition of unlisted South African thermal coal mining and export coal producing company, Mashala Resources.
Viking Moorings, today announced that it has signed an exclusive international agency agreement with Mainticare Ltd, one of the largest marine and oilfield services contractors in Malta.
Gas has a vital role in the UK’s future energy mix, said Energy Minister Charles Hendry.
Petrobras has awarded a two year US$ 110 million contract to Subsea 7 for the exclusive use of its Lochnagar pipelay vessel for two years.
Caterpillar Inc. and Bucyrus International have entered into an agreement by which Caterpillar will acquire Bucyrus for US $ 8.6 billion, expanding Caterpillar's leadership in the mining equipment industry.
A brief look at the new low carbon collaboration between UK and Indian business leaders the ‘UK-India Business Leaders Climate Group.’
Train 6 started this month and will produce 7.8 million tpy, helping Qatar reach its target of 77 million tpy of LNG liquefaction capacity by the end of 2010.
Shell’s first planned FLNG deployment off the northwest coast of Australia has received federal environmental approval.
According to the International Energy Agency’s latest World Energy Outlook, much stronger action is needed to accelerate the transformation of the global energy system.