The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange, announced that its wholly owned subsidiary, TAQA Bratani Limited (TAQA Bratani), has signed a sale and purchase agreement with Shell U.K. Limited and Esso Exploration and Production (UK) Limited (’the Vendors’) to purchase the equity pertaining to [...]

The head of DuPont Co. says the chemicals producer expects sales to solar energy customers will more than triple within the next five years.
Chief Executive Charles O. Holliday Jr., speaking at the Sanford Bernstein Strategic Decisions Conference, said DuPont expects increased demand for renewable energy sources like photovoltaics — or solar — and ethanol made [...]

Gold may climb for the second-straight week as investors avoid dollar-denominated assets and purchase the precious metal.
Thirteen of 34 traders, investors and analysts surveyed by Bloomberg from Sydney to Chicago on Dec. 21 and Dec. 22 advised buying gold, which rose 0.5 percent last week in New York to $622.30 an ounce, the first gain [...]

A new report says Canada has surpassed one gigawatt — a billion watts — of installed wind-power capacity.
Ernst and Young Renewable Energy Group says Canada is the 12th country in the world to surpass the one-gigawatt threshold.
The report credits provincial support, noting that Quebec and Manitoba have set ambitious wind-power targets.

Miners were in the spotlight today, as platinum prices climbed 11% in early trading to a record high, before later giving back some of their gains.
Dealers said the platinum market was small compared with gold and silver, and was very illiquid, leading to volatile price movements.
Part of the rise today was due to increasing demand [...]

WHY are mining companies averse to the creation of goodwill on an acquisition? A common response to this question is that goodwill is something found when acquiring a corner shop, because when you buy a corner shop you do not gain many assets; perhaps the building and some inventory. However, you would pay probably a [...]

In a sign that so-called “clean coal” technology is gaining a broader foothold, a joint venture between a private-equity firm and power plant developer GenPower plans to acquire and operate several coal-fired plants, with the first project a $1.8 billion plant in West Virginia.
The deal announced on Oct. 13 shows how coal, long decried by [...]

THE cost in lost revenue to fluorspar producer Sallies of a nine-month delay in the minerals and energy department granting it a mining licence was about R50m, it emerged from the company’s annual financial results released yesterday.
This represented the difference between the 150000 wet metric tons that the company could have produced and the 94885 [...]