News & Events
June 25, 2010 |
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China National Offshore Oil Corporation (CNOOC) has received approval from the Australian Foreign Investment Review Board for its investment in the Arckaringa CTL plant, Dowreported June 1. According to the report, CNOOC will fully fund a feasibility study into building the facility. CNOOC will hold a 51 percent operated stake in the development. Once online, the facility will produce 10 million barrels of distillate per year. CNOOC's investment in the project still requires approval from the Chinese government. According to project partner Altona Energy, the feasibility study could be completed in 12 to 15 months. Source: Zeus Syngas Refining Report, June 11, 2010 |
- 2010-10-19 October 19, 2010 Notice to Shareholders available under Investors (News Releases).
- 2010-10-06 Prof. Frank Clemente, "the world is turning to coal," by 2030, coal consumption will have increased by 53% and coal-fired power generation by 85%. Coal will account for 48% of global incremental electricity generation over the next 20 yrs.
- 2010-10-07 According to a report by China's Xinhua News Agency, China is expected to have the world's largest coal-conversion industry by 2020.
