Egypt Mining and Drilling Chemicals Co

Egypt Mining and Drilling Chemicals Co

Eastman Chemical Co., a global maker of chemicals, plastics and fibers, on Thursday said it plans to close permanently a non-integrated synthetic fiber manufacturing site in San Roque, Spain.
The company said it expects to take a charge in the first quarter of 2007 related to the closure of the facility, where it has been making […]

February 2nd, 2007 – Posted in General

See the dust in the horizon blowing? One of the windest days ever at work. Drilling on a salt lake in Western Australia. Want a mining job still?Viewed: 3561 timesLength: 01:24

March 5th, 2008 – Posted in Uncategorized

A Central Queensland gold mine that was once the largest in the world could be back in operation soon. Norton Gold Fields Limited has announced plans to extract gold from the old tailings dams and mullock dumps at the Mount Morgan mine south-west of Rockhampton.

The chief executive Tim Prowse says it could create 50 jobs in […]

January 19th, 2007 – Posted in General

Having added Texaco’s star (and, more recently, Unocal’s authority) to its stripes, Chevron (formerly ChevronTexaco) can pull rank on its rivals. The second-largest US integrated oil company (behind Exxon Mobil) was formed by Chevron’s 2001 acquisition of Texaco. It has estimated proved reserves of 13 billion barrels of oil equivalent and daily production in excess […]

July 4th, 2006 – Posted in General, Oil and Gas

China Coal Energy Co , the country’s No. 2 coal producer, plans to more than double capital spending in 2008 as it pushes a rapid production expansion plan.
Executive Director Yang Lieke told reporters on Thursday the firm intends to set aside 16.16 billion yuan to spend on its core coal and coal chemicals businesses this […]

April 10th, 2008 – Posted in Coal

Oil Search Ltd has sold a package of its Middle Eastern assets for $US200 million ($A216.01 million) to focus on the development of a liquefied natural gas project in Papua New Guinea. The oil and gas producer, PNG’s largest, has sold eight assets across Egypt and Yemen to private outfit, Kuwait Energy Company KSC.

“The sale of […]

April 15th, 2008 – Posted in Oil and Gas

A three-judge panel of the 10th U.S. Circuit Court of Appeals must decide whether an area of western New Mexico proposed for uranium mining should be treated as Indian land.
Hydro Resources Inc., a New Mexico company, is challenging last year’s decision by the U.S. Environmental Protection Agency that an area where the company wants to […]

May 18th, 2008 – Posted in Uranium

Churchill Mining has begun drilling at its Sendawar thermal coal project in Kalimantan, Indonesia. The group has contracted a drilling company to sink an initial 5000 metres of diamond core and open holes. The programme is at the first phase of the planned 18-month campaign in which approximately 23,000 metres will be drilled.

“At this threshold the Company […]

August 15th, 2006 – Posted in General

The head of DuPont Co. says the chemicals producer expects sales to solar energy customers will more than triple within the next five years.
Chief Executive Charles O. Holliday Jr., speaking at the Sanford Bernstein Strategic Decisions Conference, said DuPont expects increased demand for renewable energy sources like photovoltaics — or solar — and ethanol made […]

May 31st, 2008 – Posted in Alternative Energy, Oil and Gas

An index of Colorado stocks fell Monday, led by Whiting Petroleum Corp. and Delta Petroleum Corp. The Bloomberg Rocky Mountain News Index, a price-weighted index of companies based in the state, lost 3.95, or 1 percent, to 379.03. Seventy-nine stocks declined, 28 advanced, and three were unchanged.

Whiting Petroleum fell $1.66, to $47.06, and Delta Petroleum dropped […]

December 19th, 2006 – Posted in General, Oil and Gas

China plans to invest more than CNY1 trillion ($128 billion) by 2020 to convert coal to oil and chemicals, for which demand is stronger, the official China Daily reported Thursday, citing a government document.
The investment will be used for the production of coal-based oil, methanol, dimethyl ether and olefins, the report said, quoting a draft […]

December 28th, 2006 – Posted in Coal, General, Oil and Gas

we are not drilling for water in this video we are drilling a vent hole for a oil prodution mineViewed: 147 timesLength: 02:2

March 5th, 2008 – Posted in Uncategorized

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