Category Archives: Oil & Gas

The Billion Dollar Map

Better Realizing Africa’s Mineral and Energy Potential

By David Kariuki
Great Quest Metals photo.Despite increasing investment and production growth, most of natural resources in Africa are being under-utilized. Research by 2012 African Development Report, for example, reveals that although 45 out of the 54 African countries possess proven or probable oil and/or gas reserves, most of the resources remain untapped.

South American News Briefs

By Ania Swiatoniowski

Brazil – Bolognesi Participacoes SA has announced plans to invest almost US$2.3 billion in two LNG-fired energy plants in Brazil. The private company won a contract at Brazil’s power auction (November 28th) to sell energy in the country for 25 years beginning in 2019. The two plants will have a capacity of 1,238 MW each and will be operational in 2019. The company will be the first to offer LNG energy in Brazil other than the state-run Petroleo Brasileiro SA.

New Mexico Energy Secretary Focuses on Innovative Progress

Special Focus: New Mexico

By Heather Seftel-Kirk

Dave MartinNew Mexico is developing key strategies and innovative collaborations to maintain its position as a top energy producing state at a time when changing energy sources and lagging infrastructure are creating new challenges.

Pacific Energy Development

By Heather Seftel-Kirk

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Pacific Energy Development (PEDEVCO Corp.) may be a young company by many standards but it is steadily growing and expanding its assets, demonstrating its capabilities as a low-cost operator and, committed to being involved in the industry for the long-haul, setting its goals for the future.

Europe: Energy News from the Continent

By Ania Swiatoniowski

Geothermal Energy Roundtable in Iceland

European Commission Vice-President Günther H. Oettinger met with Iceland’s Minister for Industry and Commerce Ragnheiður Elín Árnadóttir on September 19th during a high-level roundtable meeting on European geothermal energy. The meeting was attended by over 60 representatives of from industry, academia, and finance from Iceland and the EU and focused on policy, promotion of geothermal energy, and geothermal’s role in the EU Energy Mix. Europe holds considerable geothermal potential.

Still Muddling Along

A weakening Chinese economy results in lower commodities prices

By John Guise

The summer has mostly been a difficult time for the Asian commodities market particularly for China. A weak housing market and a slowly economy has meant falling commodities prices especially in the country’s steel sector.

The City of Grande Prairie, Alberta

… 100 years and growing strong

By Ania Swiatoniowski

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On the wind-swept plains of north-western Alberta, the city of Grande Prairie is thriving. Named for the expansive prairie lands of the Peace River Country, Grande Prairie was born into an environment endowed by multiple and abundant natural resources. Surrounding the city are fertile agricultural lands, vast boreal forests, and advancing oil and gas developments — all of which play important roles in the city’s diverse economic portfolio and steadily continuing growth.