Diavik Diamond Mines Inc. (DDMI), operator of the Diavik Diamond Mine, is pleased to provide this first quarter update.
Diavik continued to build on its strong safety record with zero lost time injuries, two medical treatments and an all injury frequency rate of 0.37 during the first quarter of 2008. DDMI was notified that for its [...]

Dynegy Inc. swung to a first-quarter loss as power prices surged, leading the Houston-based power producer to record bookkeeping losses to account for some advance sales.
The company reported losing $152 million, or 18 cents per share, compared with profit of $14 million, or 3 cents per share, in the same period last year. The total [...]

The Sabah Government is sticking to its decision against building a coal- fired power plant in Lahad Datu.
State Tourism, Culture and Environment Minister Datuk Masidi Manjum said the government could not afford the environmental risks of such a facility close to key pristine conservation areas.
“We are aware of the argument that coal-fired plants in the [...]

UBS Investment Research raised its forecast for the price of natural gas to $9 per 1,000 cubic feet from $7.25 per 1,000 cubic feet.
“We believe improved domestic natural gas demand trends, soaring coal prices and likely increases in the cost of electricity generation, and increased competition for LNG (liquefied natural gas) from the Asian Pacific [...]

Waste Management, Inc. opened a renewable energy facility at a company landfill in Virginia. The company says the landfill’s methane gas will produce 4.8 megawatts of electricity — enough energy to power more than 4,700 homes.
The plant is part of Waste Management’s plan to build 60 renewable energy facilities over the next five years. Currently, [...]

The deposit, in the Republic of Buryatia in Russia, makes up one section of the larger Okino-Klyuchevsky coal field, which has 200 million tonnes of reserves and is about 120 km (75 miles) - MOSCOW, April 16 - Russian electricity producer OGK-3 has won a tender to develop a coal field with reserves of 33.8 [...]

Greenpeace activists dumped 200 kilos of coal at the entrance of the Department of Environment and Natural Resources (DENR) on Thursday and unfurled a banner with the message “Atienza, don’t be a climate criminal.”
The activists are demanding that Secretary Lito Atienza immediately reject all plans to construct a dangerous coal-fired power plant in Iloilo City.
Instead [...]

Tenaga Nasional Bhd (TNB) and Sabah Electricity Sdn Bhd (SESB) have been told to consider using hydro or gas to generate electricity in Lahad Datu as an alternative to the RM1.3 billion coal-fired power project that the state government has rejected for Silam within the district.
Responding to a TNB article in “TNB Talks” that Sabah [...]

An Adelaide-based company has struck a deal to provide clean coal technology to an energy consortium in the United States.
GTL Energy Limited has signed a memorandum of understanding for the technology to be used in an electricity plant in North Dakota.
It is expected that the technology will transform low-grade coal into a cleaner fuel, to [...]

With prices for key commodities at record highs, Indonesia — Southeast Asia’s biggest economy and a key exporter — should, at first glance, be enjoying good times.
But with high oil prices leading to a government fuel subsidy blowout and rising food prices hitting the poor, analysts say most Indonesians are being squeezed.
Indonesia is the world’s [...]