Philanthropist, protagonist, pioneer and plenty of other labels have been bestowed upon Andrew ‘Twiggy’ Forrest. He’s CEO and, effective July 18 Chairman of the iron ore industry-piloting Fortescue Metals Group (ASX: FMG) of Australia. But let’s face it—he knows how to cut a headline given the exponential progress FMG has ...
Strategically located on Africa’s eastern seaboard, Mozambique’s ports provide ample access to the growing economic giants of Asia and with an abundance of untouched mineral resources, the country is attracting the attention of global investors. Having overcome the horrors of a civil war that lasted from 1977 until 1992, its ...
In the past 18 months one documentary has caused uproar around the extraction of shale gas in the United States. But is it really the no-holds-barred tale it originally appeared to be, or a flagrant foray into industry ridicule and propaganda?Depending on how your indignation is sparked, it might have ...
Malaysia’s state-owned oil and gas firm, Petroliam Nasional Bhd, has reported a higher annual net profit helped by price increases and partly offset by a rising local currency against the U.S. dollar. Petronas—as it is commonly known—is the country’s only Fortune 500 company and its most profitable firm. The profit ...
On May 10, Shell announced the successful start of production from its Scotford Upgrader Expansion project in Canada. The 100,000 barrels-per-day expansion takes upgrading capacity at Scotford to 255,000 barrels-per-day of heavy oil from the Athabasca oil sands. “This start-up is an important milestone for our heavy oil business,” said ...
The opening of Europe’s first solar-powered train tunnel in Belgium in June has brought to the fore questions about the use of solar energy in U.K. transport projects. The tunnel, which is 3.6 kilometres or 2.2 miles long, powered a commuter-filled green train for the first time on Monday June ...
Even before the doors opened to Intersolar Europe 2011 on June 8 the industry was abuzz with talk that India, spurred on by China’s progress, would be significantly ramping up its position in the solar photovoltaic (PV) market.By 2022 the country intends to install a total PV capacity of 20 ...
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