Magellan Petroleum Australia Limitedhas provided the following drilling report:
Nockatunga Oil Fields - SW Queensland
The Kamel-1 exploration well spudded in PL 51 in the Cooper Basin of southwest Queensland on 16 March. The well was drilled to a total depth of 1,391 meters. Oil shows were recorded in the Murta Member during drilling. Wireline logs have […]
Norsk Hydro Produksjon AS (Hydro) has secured consent to carry out production drilling using pressure-balanced drilling technology from the facility on the Grane field.
Pressure-balanced drilling is a form of rotation drilling in which the weight of the drilling mud column is reduced and the pressure at the top of the well is controlled using a […]
State-owned Vietnam National Coal & Mineral Industry Group, or Vinacomin, has signed a deal to borrow $20 million from Japan’s Mizuho Corp. Bank to expand operations, a Vinacomin official said Friday.
“This is the first time Vinacomin has borrowed from Mizuho, and (we) need the fund to buy more equipment for mining, as production is expected […]
Holding ‘excessive’ use of coal responsible for climate change, Greenpeace India Friday staged protests at a coal-based power plant here.
The demonstration at Ennore in north Chennai was part of a series of activities the Indian arm of Greenpeace, the international environment organisation, is undertaking to draw attention to the immediate threat from climate change.
‘Even the […]
The city said no to buying electricity from a new coal-fired plant, drawing applause and criticism on an issue that pits future energy needs against the environment.
“We won’t be heard on the world front, but we’ll make a statement and somebody somewhere will hear it,” said Municipal Council Chairman […]
U.S. Sen. Pete Domenici, R-N.M., has praised a report that has focused on the need to develop technologies to reduce carbon emissions from coal.
“Make no mistake about it, we must recognize that the use of American coal in electricity generation is essential to our nation’s energy independence and security,” said Domenici, ranking member of the […]
Higher costs and a weak pricing environment resulted in widening fourth-quarter losses for National Coal Corp.
The Knoxville-based company on Friday reported that net losses more than doubled in the quarter to $7.8 million, on revenues of $21.5 million. In the same period last year, the company had losses of $3.2 million on revenues of $20.2 […]
The death toll from a gas explosion in an illegal coal mine in northern China has risen to 20 with the discovery of another body.
The updated toll leaves just one more miner unaccounted for in the disaster in Shanxi province, in which rescue efforts were hampered by the mine owner’s attempts to cover it […]
IAMGOLD Corporation is pleased to announce the closing of the sale of IAMGOLD’s interest in Omai Bauxite Mining Inc. (”OBMI”) and Omai Services Inc. (”OSI”) to Bosai Minerals Group Co., Ltd. (”Bosai Minerals”), pursuant to a Share Purchase agreement originally announced on December 19, 2006. Cash proceeds of $28.5 million have been paid to […]
China’s largest independent alumina-aluminum producer, Chiping Xinfa Huayu Alumina Co Ltd, has increased exposure to the Australian bauxite mining industry by acquiring additional 7.5 pct in Cape Alumina Ltd, to take its stake to 17.5 pct, Cape Alumina said.
Xinfa, which acquired the stake from Anegada Metals Corp Ltd for an undisclosed sum, has also acquired […]