IRJ Mar 17 - The much-debated work of Vedanta Mining has hit another snag in the form of the Dongria Kondh tribe, Niyamgiri Hills of Orissa, who have gathered at the hilltop to battle against the mining company’s plans to extract 80 million tonnes of bauxite ore for much-needed processing at its Vedanta Alumina refinery (VAL) in Lanjigarh, located at ...
IRJ Mar 17 - Through its CEO, Denise Bode, the American Wind Association (AWEA) today launched a statement which praised recommendations by the Governors to the President and Congress regarding a need for interstate transmission infrastructure and Renewable Electricity Standards.
“The Governors know this because they are on the front lines of the battle to attract manufacturing investment and create jobs, ...
IRJ Mar 17 - A meeting between Hugo Chavez, the President of Venezuela where the meet was held, and Alexander Lukashenko, his counterpart in Belarus, revealed that Venezuela plans to export oil to Belarus beginning in May.
According to the press statement given by Chavez following the meeting, Venezuela will ship crude to Belarussian refineries for processing.
'Our ideas are based on ...
IRJ Mar 17 - OPEC ministers agreed not to change oil output targets they are already exceeding, anticipating that demand will pick up later in the year to mop up extra barrels.
But with economic recovery still fragile as powerhouse China considers curbs on credit, members discussed on Wednesday their adherence to production levels set in December 2008 to keep supply ...
IRJ Mar 16 - In the wake of seven declining profit-hitting years, Royal Dutch Shell, the oil and gas conglomerate, unveils new strategies to break the trend, shut up shop at its petrol stations and slash 2,000 jobs.
Speaking at Shell’s Annual Strategy Meeting, Peter Voser, CEO, said that the company had gotten, “too complicated and slower to respond than we’d ...
IRJ Mar 16 - Late on the night of Monday, March 15, a fire in a coal mine in Central China claimed the lives of 25 miners. The fire took place at the Dongxing Coal Mining Company mine in Xinmi, near Zhengzhou. Reports indicate that the blaze was started by faulty cabling within the main pit.
To date, six miners ...
IRJ Mar 16 - In the United Kingdom, a newly-released report known as The Marine Energy Action Plan, could potentially offer thousands of new jobs, power up to 15 million homes and offer a great solution to the UK’s carbon emissions cuts.
"Harnessing the power of our seas will help us reduce our carbon emissions, provide clean, green, secure and reliable ...
IRJ Mar 15 - Concerns about monetary tightening in China and caution ahead of U.S. and Japanese central bank policy meetings this week weighed on financial markets on Monday, weakening stocks.
The euro, meanwhile, slipped on concerns that a potential financial aid package for Greece, being discussed by finance ministers in Brussels, would not be enough to solve the euro zone's ...
IRJ Mar 11 - South Africa’s gold production fell from third to fourth after a drop of 5.8 per cent in 2009. The country is now behind China, Australia and the U.S. In the twentieth century, SA retained the top spot for the majority of years. The electricity crisis and stoppages of mines and shafts due to concerns over safety ...
IRJ Mar 11 - Lafarge Cement of Nigeria announced its 2009 pre-tax profit fell 30 per cent to 8.96 billion naira from the year before. Turnover rose to 45.59 billion naira against the same period of the year before. The company is proposing a dividend of 10 kobo per share. ...
IRJ Mar 10 - A distinct lack of momentum will drag on the rich world's economic recovery this year, according to analysts who say economists largely bucked a recent trend of rising forecasts.
Median forecasts from the survey of around 250 economists showed slight downward revisions to 2010 quarterly growth forecasts for the United States, while those for Britain and Japan ...
IRJ Mar 9 - Helix Energy Solutions, headquartered from Houston, Texas, has received raucous response from investors following its announcement of seeking advisors as it goes about selling off its oil and gas operations.
The company makes this announcement as part of its December 2008 strategic decision to shed its non-core assets and move to focus on deepwater wells and subsea ...
