Drilling & production

Solomon Associates shares the four most common mistakes energy companies make in designing a new facility.

Russia intends to invest millions of dollars in the Argentine nuclear industry following talks between President Dmitry Medvedev and the Argentine President Cristina Fernandez.

Riversdale Mining has officially opened its Benga coal project in Mozambique, with an estimated potential to produce 20 million ROM tpa of coal for more than 25 years. The company has also signed a contract with MCC to cover open pit mining for the first stage of the project.

According to a new report by the Geothermal Energy Association, 2009 saw a 26% growth in new projects under development in the US.

Reliance Industries has entered into a joint venture with Atlas Energy Inc. for a 40% stake in Atlas’ Marcellus Shale acreage.

Ontario has been awarding contracts for a massive programme of green energy generation that it predicts will generate up to CAN$ 9 billion in private investment.

Icon Energy has signed a memorandum of understanding to supply China with LNG, the move has sparked a massive increase in the company’s share price.

The World Bank has approved a US$ 3.75 billion loan to Eskom, which will be used to complete the 4800 MW Medupi coal-fired power plant in South Africa. The loan will ease the country’s power shortages and help it to achieve a reliable energy supply.

Ireland must find alternative sources of energy to meet its carbon emissions targets and energy demands.

Immense deposits, a reforming president and a thriving democracy continue to outweigh the negatives of investing in Indonesia. This has led to miners boosting thermal coal output to meet demand from Asia’s power companies.

The South Hook terminal has commissioned the final stages of the terminal’s equipment, effectively doubling capacity at the plant in Milford Haven.

Libya potentially holds massive resources, which could offset the dwindling reserves in MENA region.

Alongside the US$ 555.3 billion Desertec project, Morocco is planning to invest US$ 9 billion in a solar energy programme.

Yemen has placed a second train online at the Balhaf facility, boosting its LNG production capacity considerably.

In the worst mining disaster in over 25 years, an explosion at an underground coal mine in West Virginia has killed at least 25 miners.