Oil & gas news

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.

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.

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

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.

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 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.

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

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

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.