Egypt Mining and Drilling Chemicals Co

The head of Canada’s oil-rich Alberta said the province will simply sell its huge reserves to other countries if the U.S. goes ahead with plans to impose import restrictions on fuels made from Canada’s oil sands.
The U.S. is preparing to block the military and other federal agencies from buying fuel made from oil sands crude […]

May 10th, 2008 – Posted in Oil and Gas

Indonesia’s PT Berau Coal has set an indicative yield range for its $325 million, two-part bond, a market source familiar with the deal said on Wednesday. The deal comprises five-year fixed rate bonds and five-year amortising floating rate notes.

Berau Coal had set the indicative yield for the fixed-rate bonds at around 9.75 percent, while the yield […]

December 6th, 2006 – Posted in Coal, General

FRANKFORT, Ky. – A labor leader yesterday raised questions about the coal-industry ties of a House committee chairman who has held up action on a mine-safety bill — though the measure is likely to get a hearing today.
“We have questions about the ability of the chair to be impartial considering mine-safety bills,” Bill Londrigan, president […]

February 22nd, 2007 – Posted in General

Pele Mountain Resources (TSX Venture:GEM) (”Pele” or the “Company”) announced today that it has entered into an agreement with KWG Resources Inc. (TSX Venture:KWG) (”KWG”) to sell its Attawapiskat River Diamond Project (the “Project”) to KWG. The Attawapiskat River project is comprised of 47 mining claims covering more than 25,000 acres in the James Bay […]

July 14th, 2006 – Posted in General

IM VERY SCEPTICAL BUT THIS TERRIFIED THE LIFE OUT OF ME AND WILL ALWAYS WILL,TRUST ME FOR THE REST OF MY LIFE! VERY VERY SCARY REAL RECORDING OF THE SOUNDS OF HELL! MINING COMPANY DRILLING HIT A CAVITY AND SENT A ‘MIC’ 2 MILES DOWN TO SEE IF IT WAS THE EARTHS PLATE SHIFTING AND […]

March 5th, 2008 – Posted in Uncategorized

Helicopter landing at Tekai base camp, Idenburg gold project, Papua province, IndonesiaViewed: 31 timesLength: 00:39

March 5th, 2008 – Posted in Uncategorized

The 350 megawatt station now looked ”marginally economic”, Solid Energy chief executive Don Elder said. There was no prospect of a Buller plant being operational in 2008, as originally planned. Solid Energy had better prospects, with better returns and less uncertainty, Dr Elder said.

”It’s just not a priority for us. We’ll leave it on the shelf […]

December 11th, 2006 – Posted in Coal, General

Exxon Mobil chairman and CEO Rex Tillerson will keep both of his titles, as shareholders rejected a plan to split the top jobs at the oil company.
The plan to split Tillerson’s duties into two positions got only 39.5 percent of shareholders’ support at the company’s annual meeting in Houston. A similar vote last year failed […]

May 29th, 2008 – Posted in Oil and Gas

California-based Chevron Corp. (CVX) will invest $6 billion over the next four years to develop its offshore oil and gas field in East Kalimantan.
“During a meeting, it was revealed that Chevron is committed to spend $6 billion in East Kalimantan,” Kardaya Warnika, the chairman of Indonesia’s official upstream oil and gas regulating body BP Migas, […]

October 10th, 2006 – Posted in General, Oil and Gas

China Shipping Development Co. Ltd. said it would buy four very large iron ore carriers for US$323.2 million.
The company said in a statement it had entered into an agreement with Chinese shipbuilder CSSC Guangzhou Longxue Shipbuilding Co. Ltd. for the construction of the carriers, which would each have 230,000 dead weight tonnes.

February 6th, 2007 – Posted in General, Iron Ore