IRJ—November 17—Researchers at the West Virginity University (WVU) have won a $500,000 grant from the Virginia Tech Foundation to continue their study into the effects of surface coal mining. The work carried out is hoped to result in more progressive mining practices, said team leaders in collaboration with the Appalachian Research Initiative for Environmental Sciences (ARIES). ARIES is an association ...
IRJ—November 17—The largest wind farm in Arizona is nearing completion and intends to begin operations in December this year. At 398 feet tall, the 62 wind turbines stand out from the horizon and dozens of crane operators, truck drivers, electrician and contractors from all corners of the globe have been working on the site since August. Steven Stengel from NextEra ...
IRJ — November 16 —Finance Minister Pranab Mukherjee, has responded to the recent roll back in fuel prices by state-run oil companies and said that petroleum companies determine fuel prices depending on cost of import and refining. We have deregulated,” he said, “Petrol and oil marketing companies have to take decisions, depending on their cost of import, refining etc. So ...
IRJ — November 16 —Renewable energy sources are to power the special illumination of the Mysore Palace in India, thanks to the solar city programme (SCP) sponsored by the Union ministry of new and renewable energy (MNRE).A K Tripathi—director in the Union ministry—said that the aim of the programme is to reduce usage of conventional energy by 10 per cent ...
IRJ — November 16 —James Bruce, Perpetual portfolio manager, has said that the Australian equity market has underestimated the impact of the MRRT on the valuation of companies, which is currently catering for a 5 per cent impact on the present net value. “We are looking longer term and I think the market is looking two to three years forward. ...
IRJ – October 15 –Energy and infrastructure giant TransCanada has announced that it will reroute the planned US$7 billion Keystone XL tar sands pipeline expansion plan to direct it away from the environmentally contentious Sandhills area of Nebraska, two officials confirmed late on Monday. Although the company previously stated that such a change in plans would not be possible—or ...
IRJ – October 15 –News that Australian Prime Minister Julia Gillard will seek to support lifting the ban on uranium exports to India was reflected in the market as shares in Aussie miners operating within the mining sector rose, Tuesday. Writing in The Age, Gillard said that she will pursue the issue and move for a policy change when ...
IRJ – November 11 – U.S. State Department decisions to delay the US$7 billion Keystone XL oilsands pipeline have garnered mixed responses from project opponents and industry, as the authorities bag more time to investigate any environmentally sensitive impacts which may result from its construction. TransCanada’s proposed 1,661-mile pipeline—the project set to transport 700,000 barrels a day of crude ...
IRJ – November 11 –International mining and earthmoving giant Caterpillar has made a bid to purchase Chinese coal mining manufacturer ERA Mining Machinery, for US$886 million. The deal values ERA at approximately $577 million to $885 million, and offers Caterpillar the opportunity to build its geographical presence in China and add to its coal industry offering; two fronts that ...
IRJ – November 10 – A coal mine blast has claimed 20 lives and trapped 23 workers underground in China’s southwestern province of Yunnan, in the latest incident to plague the nation over a bad couple of months for mine fatalities. China News Service (CNS) has confirmed the death toll at the Sizhuang Coal Mine, a privately operated project, ...
IRJ – November 10 –Two explosions have hit an Egyptian pipeline, closing down gas supplies to Israel and Jordan in the seventh militant attack this year. The first explosion hit an area 40 kilometres west of El-Arish in the north of the Sinai Peninsula, and the second near a pumping station in the same sector. A ...
IRJ – November 9 – An official speaking on behalf of Uganda’s energy ministry says that oil production will “begin in the next 12 to 18 months and it will be for power generation to support the power plants”. Describing the phased programme behind Uganda’s plans to establish its domestic output setting, the permanent secretary for energy, Kaliisa Kabagambe, ...
