Projects

Keep track with new project development across the globe in various sectors. We also cover existing projects (upgrades, extensions etc.).

Major companies join for Alaskan resource developm

   ConocoPhillips, BP, TransCanada and ExxonMobil have announced that they are working together on the next level of Alaskan resource development through their participation in the Alaska Pipeline Project.

Shell Alaska drilling permits upheld by EPA

The independent appeals board of the Environmental Protection Agency have upheld final air pollution permits required by Royal Dutch Shell to launch a drilling project in the Arctic waters off the coast of Alaska this summer.

Green groups sue EPA for coal waste rules

The Environmental Protection Agency is being sued by Green groups to force the completion of the long-planned national regulations that will govern the disposal of coal ash, a power plant waste product.

San Emidio loan facility commitment letter signed

   Renewable energy company focused on the development, production and sale of electricity from geothermal energy, U.S.

Rosneft & ExxonMobil finalize joint venture

   Rosneft, Russian state oil firm, has finalized a joint venture with Exxon Mobil.

Bids granted for Uruguay offshore exploration

   Nineteen bids to explore oil off the coast of Uruguay have been submitted by nine energy companies.

Mexichem seeks to develop shale gas in Mexico

Chemicals maker, Mexichem SAB has bought over 15 companies since 2007, is seeking to develop Mexico’s first shale gas projects, if the country sells licenses that would bypass a monopoly on fossil fuels.

Trunkline files to build Lake Charles LNG project

   Energy Transfer Equity’s Trunkline LNG Company, Trunkline LNG Export and Trunkline Gas company subsidiaries have filed a request with the Federal Regulatory Commission to build a natural gas liquefaction project that is under development in Lake Charles, Louisiana.

Whitehorse Trough exploration project cancelled

   Following a public outcry, the government of Canada’s Yukon territory has announced that it will not pursue oil and gas exploration work in its Whitehorse Trough area.

Infinity to pursue Nicaragua offshore concession

   Independent oil and gas exploration and development company, Infinity Energy Resources, Inc. entered into a definitive agreement with Amegy Bank and Offishore Finance, LLC to convert all debt owed by the company to both entities into Convertible Preferred and Infinity Common Stock.