Mining, Oil & Gas Where would we be without the benefits that mining, oil and gas have provided us. This is an important sector, providing energy to keep our society going.
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Advanced mining and mineral processing techniques to extract minerals will be developed through a new £6 million research centre, announced today. The centre is a partnership between Imperial College London, Envgland, and Rio Tinto, aimed at developing the mine of the future. It will push forward the development of innovative mining technologies and techniques to improve the extraction of minerals, whilst minimising environmental impacts. The partnership notes that “extracting minerals efficiently from deeper underground is becoming an important focus for mining research.” |
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Saturday 24 May, 2008 09:40 AM |
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Vowing to reverse Indonesia's gradual decline as an oil exporter, Indonesian petroleum officials Wednesday promised to work with private oil giants to encourage new investment in East Asia's lone member of the Organization of Petroleum Exporting Countries.
"If you have any kind of suggestion, come to my office," Luluk Sumiarso, director general of oil and gas for the Indonesian energy ministry, told a petroleum industry gathering in Houston Wednesday. "We are listening for input from investors for improving our contract terms."
....click the link to read more |
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Friday 9 May, 2008 07:08 PM |
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BHP Billiton Ltd, Australia's biggest oil and gas producer, says the $1.16 billion Neptune oil operation in the Gulf of Mexico is facing further delays and cost increases after structural problems with the platform.
BHP Billiton, which holds a 35 per cent interest and operates the project, said additional reinforcement was required in the platform.
....click the link to read more |
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Tuesday 6 May, 2008 11:20 PM |
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Today, with gold hovering at $1,000 an ounce , Paul Glavinovich, son of a former manager of Nome’s gold dredges, remembered Nome’s historic treasure-scooping boats, cousins to the Fairbanks dredges.
The son of a Balkan immigrant, Paul Glavinovich Jr.’s father, Carl Glavinovich Sr., arrived from Croatia to this country just before World War I. In the 1920s, a young medical student, Glavinovich Sr. heard about driving point for the Nome gold fields and went north for the summer.
....click the link to read more |
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Monday 5 May, 2008 11:02 PM |
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Aaron White has suddenly found his services in as much demand as the latest version of Grand Theft Auto. The 29-year-old is about to graduate with a certificate as a petroleum engineering technologist from the Southern Alberta Institute of Technology in Calgary and already has several job offers.
Two years ago he was an underemployed University of Calgary graduate working as a server in a restaurant. Today he can command a starting salary of between $60,000 and $65,000 a year.
....click the link to read more |
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Monday 5 May, 2008 07:09 PM |
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VANCOUVER, BRITISH COLUMBIA - War Eagle Mining Company Inc . today announces that it has successfully completed Phase 1 of a two-phase investigation into the recovery of germanium (Ge) and gallium (Ga) from flyash generated at the ELCOGAS S.A. Puertollano power plant in Spain.
Phase 1 consisted of a structured programme of analytical and laboratory processing test work carried out on selected samples of flyash by three of Spain's leading research organisations who have experience in various aspects of research on Germanium in flyash and have a combined expertise equal to any in the world:
AICIA (Andalussian Association for Research and Industrial Cooperation) through the Chemical and Environmental Engineering Department of the University of Seville, CSIC/IJA (Institute of Earth Sciences 'Jaume Almera', Spanish Research Council) which is a large research organisation based on the campus of Barcelona University, and the University of Barcelona, Department of Materials Science and Metallurgical Engineering.
....click the link to read more |
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Friday 25 April, 2008 11:07 PM |
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The days when American journalists wandered around Tripoli , acting as covert target spotters for the US Air Force to target Muammar Qaddafi for assassination, are gone. The maverick Berber has outlived, outwitted, outsourced, and outprofited five US presidents, four Russian heads of state.
He has also just cut a 50% discount out of the Soviet-era debt he ran up for the arms that warded off a land invasion in the 1980s. For the first time, Qaddafi's long-held dream to place Libya, and himself, at the energy supply crossroads between Africa, the Mediterranean, and Europe has a better than 50% chance of materializing. Qaddafi has also cocked a snook at the pro-American rivals he has always detested in neighbouring Algeria. And all because of President Vladimir Putin and Gazprom.
....click this link to read more |
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Saturday 19 April, 2008 03:08 PM |
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He could be called the prince of the pumps. Josef Waltl is the Royal Dutch Shell PLC executive who runs the multinational energy giant's retail network, an empire of pumps and shops that encompasses 90 countries, 45,000 sites - company-owned sites and contractors - and a million employees. The Austrian-born, London-based executive was recently in Toronto for a global awards extravaganza that recognized 700 Shell retailers for their performance.
....click the link to read more |
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Tuesday 15 April, 2008 07:03 AM |
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Giant gold miner Barrick Gold Tanzania has announced will soon be setting up a mining college in Moshi Municipality, Kilimanjaro region.
The centre will provide training to both artisanal miners and students coming fresh from colleges of engineering.
Plans are for the institution to become a mining vocational training centre that would also be engaged in upgrading mining curriculums for use in other mining schools in Tanzania and beyond.
Barrick Tanzania Public Relation and Communications Manager, Teweli Teweli revealed about this plan Tuesday in Dar es Salaam while addressing engineering students who had shortly arrived from Zambia where they had attended a special familiarisation tour on mining activities.
....click the link to read more |
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Saturday 12 April, 2008 07:02 AM |
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Sasol, the world’s leading producer of synthetic fuels from coal and natural gas , says it has become the first company worldwide to receive international approval for its 100% synthetic jet fuel produced by its proprietary Coal to Liquids (CTL) process. Sanctioned by global aviation fuel specification authorities Sasol CTL will be the first fully syntheticaly engineered fuel to be approved for use in commercial airliners. This marks a significant development in the adoption of clean burning alternative fuels for the aviation industry; engine-out emissions of Sasol’s jet fuel are lower than those from jet fuel derived from crude oil due to its limited sulphur content. Approval of Sasol’s CTL fuel for commercial aviation is also a milestone in the effort to secure domestic energy supply for South Africa and other countries with significant domestic coal and natural gas reserves; Sasol’s transformative technology will allow these countries to monetize natural resources and increase energy security.
....click the link to read more
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Friday 11 April, 2008 07:06 AM |
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A bitter debate over what to do about the ailing state oil monopoly has dominated national politics in Mexico in recent weeks, tapping strong emotions on both sides and resurrecting the political fortunes of the leftist leader who narrowly lost the 2006 presidential election.
Re engineering the oil company, Petroleos Mexicanos, or Pemex, is perhaps the greatest challenge facing the administration of
President Felipe Calderon, a conservative economist who won the disputed 2006 election by a hair's breadth.
....click this link to read more |
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Thursday 10 April, 2008 11:00 PM |
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THE massive tripling in coking coal prices secured by Australian miners for 2008/09 is being called a temporary "spike" caused by the Queensland floods, and analysts are expecting prices to fall back significantly next year.
However, 2009/10 prices are still likely to be around double last year's price, setting up the industry for several more years of windfall revenues.
The world's largest engineering steel producer, Arcelor Mittal, has reportedly agreed to a $US305 a tonne contract price with major producer BHP Billiton, up from $US98 a tonne last year.
On top of that, South Korea's Posco has confirmed it has agreed on a price of around $US300 a tonne, putting pressure on Japanese steel mills to follow suit.
The price-spike has eclipsed the previous record high of $US125 a tonne, which was set in 2005/06.
....click the link to read more |
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Wednesday 9 April, 2008 07:27 PM |
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Australian-based clean coal engineering energy technology developer, GTL Energy, has been selected by a North American energy consortium to provide its coal beneficiation technology to the proposed $1.4 billion South Heart coal-to-synthetic gas project in North Dakota. Under a Memorandum of Understanding, project partners, Great Northern Power Development (GNPD) and Allied Syngas Corp, said GTLE’s beneficiation technology had been chosen from a worldwide review of coal beneficiation technologies to upgrade the low-quality lignite reserves at South Heart.
The GTLE engineering technology is critical to transforming the local low grade coal into low moisture high grade briquette feedstock for use in the joint venture’s proposed $1.4 billion plant at South Heart in southwest North Dakota, to produce synthetic natural gas by 2013. The commitment validates Adelaide-based GTLE’s proprietary technology which has been developed in the US since installation of its pilot plant facilities in Colorado.
....click the link to read more |
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Wednesday 9 April, 2008 12:03 AM |
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With energy prices soaring and oil-company ranks graying, petroleum-engineering graduates have become a hot commodity.
As a result, students are swelling the ranks of college engineering programs, positioning themselves for energy-industry jobs with salaries that make tenure-track professors envious. Top-ranking petroleum-engineering graduates this year can expect starting pay of $80,000 to $110,000, plus signing bonuses and other perks.
....click the link to read more |
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Monday 7 April, 2008 07:09 PM |
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OSLO (Thomson Financial) - Acergy said it has been awarded a pair of contracts by StatoilHydro for subsea engineering work at the Gjoa and Morvin licenses in the North Sea, worth a combined 60 mln usd. ....click the link to read more |
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Sunday 30 March, 2008 07:03 AM |
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March 17 (Bloomberg) -- Royal Dutch Shell Plc, Europe's largest oil company by market value, replaced 124 percent of the oil and natural gas it pumped last year with new discoveries.
So why is oil trading at $110 plus per barrel ??? ....click the links to read more |
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Tuesday 18 March, 2008 11:04 AM |
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THE world’s largest aluminium producer, Rusal , was this weekend putting the finishing touches to $4.5 billion (£2.3 billion) fundraising that should allow it to buy a 20% stake in Norilsk Nickel.
The move will be a significant step towards the creation of a Russian metals and mining group on the scale of industry majors such as BHP Billiton and Vale. Norilsk is the world’s largest producer of nickel. ....click the link to read more |
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Monday 17 March, 2008 07:02 AM |
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Doom-laden forecasts that world oil supplies are poised to fall off the edge of a cliff are wide of the mark, according to leading oil industry experts who gave warning that human factors, not geology, will drive the oil market. ....click the link to read more |
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Monday 21 January, 2008 07:28 AM |
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IN the tussle over relative value between BHP Billiton and Rio Tinto , commodity futures markets are backing the takeover target. ...click the link to read more |
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Sunday 20 January, 2008 03:01 PM |
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SOFIA, Bulgaria — Russia strengthened its grip on Europe’s energy supplies on Friday as it signed a major gas deal with Bulgaria that analysts said would further undermine the European Union’s attempts to diversify its energy sources. ...click the link to read more |
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Sunday 20 January, 2008 05:36 AM |
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The uranium industry says Britain's expansion of nuclear power will bolster Australia's role as a supplier.
The British government has invited companies to construct new nuclear power stations to meet its climate-change goals and will not set a limit on how many are built. ....click the links to read more |
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Monday 14 January, 2008 03:03 PM |
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