State-owned electricity company Genesis Energy is making a foray into coal exploration though a carbon charge is on the cards and the Government has a green bent. One of the five big electricity retailers and generators, Genesis has applied for a coal exploration permit for the Mokau coalfield in the King Country.

The permit is a first […]

November 26th, 2006 – Posted in Coal, General

The ongoing conflict between officials in Argentina’s Mendoza Province and miners escalated as the provincial parliament Wednesday suspended all open-pit mining, and halted issuing any new exploration and mining permits in the province.
Wednesday’s decision will also ban the awarding of mining claims until they are approved by the environmental plan of law 5.961, or each […]

December 15th, 2006 – Posted in General

CanWest Petroleum Corp. and Oilsands Quest Inc. have announced management’s preliminary estimate of the original bitumen resources in place (OBIP) in an area covered by Oilsands Quest’s Phase I drilling program in northwest Saskatchewan.
The program consisted of drilling on two blocks on Oilsands Quest’s 100-percent-owned Permit PS00210, located in Township 95, Ranges 24 and 25 […]

July 8th, 2006 – Posted in General, Oil and Gas

Norsk Hydro ASA said it sees its oil and gas production in 2007 at 605,000 barrels of oil equivalent per day (boepd), rising to 700,000 in 2010.
In its capital markets day presentation today, the energy and metals group added it expects its primary aluminium production to be 1.73 mln tonnes in 2007 and 2.00 mln […]

December 7th, 2006 – Posted in General, Oil and Gas

Hydro is well-positioned for long-term profitable growth in its energy and upstream aluminium operations but industry capacity constraints delay oil and gas production growth, the Norwegian-based company said at its Capital Markets Day. Growing Hydro’s oil and gas resource base, pursuing upstream aluminium growth opportunities and maintaining cost control remain top priorities, together with completing […]

December 7th, 2006 – Posted in General, Oil and Gas, Press Release

Valencia Ventures Inc. is pleased to advise shareholders and prospective investors that diamond drilling has been completed at its Cachinal Silver Project in Chile. The program was designed to confirm twin high grade silver intersections previously indicated by reverse circulation drilling. This additional data will assist with completion of the resource estimation and NI43-101 report […]

January 24th, 2007 – Posted in General, Precious metal

From major economic development announcements and projects in terms of two ethanol plants to the nearly completed expansion of the Wells County Library and state accolades to Norwell students, Wells County experienced good times in 2006.
From the untimely and tragic deaths of several Wells County residents to the closing of an Ossian manufacturing plant that […]

December 31st, 2006 – Posted in Alternative Energy

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