Tasman drilling update from Norra Karr REE project, Sweden
Tasman Metals Ltd. Mr Mark Saxon, President and CEO, provides an update on developments regarding the Company’s 100% owned Norra Karr Rare Earth Element (REE) project. The drill program currently underway is nearing its conclusion with approximately 80 per cent of the program completed. In addition, a collaborative research project has been initiated, under the guidance of renowned REE expert...
Green Energy Resources to Buy Stake in New England Pellet Mill
Green Energy Resources looks to purchase a fully operational New England wood pellet mill. Terms of the purchase were not disclosed and are subject to financing. The mill has capacity to produce upwards of 10,000 tons monthly and could generate approximately $24 million dollars annually in gross revenues for the company. Green Energy Resources is a supplier of the mill with wood biomass. The pellet...
Mawson focuses on uranium exploration in Scandinavia
Mawson Resources Limited announces the company has commenced proceedings to withdraw from its mineral exploration licences in Spain, and at the same time expand its uranium exploration efforts throughout Scandinavia. After a recent Board review of the Company’s uranium assets it was determined Scandinavia holds the greatest potential for further significant discoveries. In Spain, the Company...
Crosstex Energy Acquires Eunice Natural Gas Liquids Processing Plant, Fractionation Facility for $42 Million
The Crosstex Energy companies, Crosstex Energy, L.P. and Crosstex Energy, Inc., announced that the Partnership has acquired the Eunice natural gas liquids (NGLs) processing plant and fractionation facility from Phillip Morris for approximately $42 million, which includes $18 million of assumed debt. Previously, Crosstex managed the plant and facility, which are located in south central Louisiana, under...
Ventyx Releases 2009 U.S. Coal Industry Map
Ventyx®, the world’s largest private software, data and advisory services provider to the energy and utility industry, today announced the release of the new 2009 U.S. Coal Industry Map, providing the industry’s most comprehensive view of this vital sector of the U.S. energy industry. Utilizing data from the industry-leading Ventyx Velocity Suite energy intelligence solution, the 2009...
The Start-up of Ledong Promotes CNOOC Limited’s Gas Production Growth
CNOOC Limited announced today that Ledong (LD) 22-1, an independent gas field of the Company, has successfully commenced production. Currently, it is producing approximately 30 thousand cubic feet of natural gas per day via 5 wells. About 47 kilometers eastern of the producing field Yacheng 13-1 and 20 kilometers western of LD 15-1 gas field, LD 22-1 is located in the Yinggehai Basin of the Western...
SouthGobi Energy Resources Receives Mining Licence For Tsaagan Tolgoi Coal Deposit
Alexander Molyneux, President of SouthGobi Energy Resources Ltd. announced that Mongolian authorities have issued a mining licence for the Tsaagan Tolgoi coal property that is held by the company’s Mongolian subsidiary, Southgobi sands LLC. The Tsaagan Tolgoi property is in the South Gobi Region, approximately 415 kilometres east of SouthGobi’s Ovoot Tolgoi coal mine. An independent NI...
L&L International Announces MOU to Acquire Ping Yi Coal Mine
L & L International Holdings, Inc., a U.S.-based company operating coal businesses in China, announced that it has entered into a Memorandum of Understanding (MOU) with GuiZhou Province PingGuan Town PingYi Coal Mine to start discussions on an acquisition of Ping Yi Coal Mine; a profitable, operating coal mine of 150,000 tons of annual production and 31 million tons of proven coal reserves, located...
Technip Awarded Contract For a 800,000 Tons/Year Liquefied Natural Gas Plant in China
Technip has been awarded by Ningxia Hanas Natural Gas Company Ltd, a lump sum contract for of a mid-scale liquefied natural gas (LNG) plant to be built in Yinchuan, China. The contract covers the engineering, supply of main equipment, procurement and construction management services for facilities for natural gas pre-treatment, liquefaction, LNG storage and loading, utilities, offsites, buildings and...
Uranium One Announces Agreement to Acquire 50% Interest in Karatau Uranium Mine
Uranium One Inc. announced the signing of a definitive purchase agreement to acquire a 50% interest in the Karatau Uranium Mine in Kazakhstan from JSC Atomredmetzoloto (“ARMZ”), the Russian state-owned uranium mining company. The purchase price will be paid by way of the issuance of 117 million common shares of Uranium One and a cash payment of US$ 90 million (or equivalent promissory note)....
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