First woman to run top five oil company
Maria das Gracas Foster has become the first woman to run one of the world’s top five oil companies after she was officially named the CEO of Rio de Janeiro-based Petrobas. POET, Royal DSM announce ethanol venture
POET LLC, the largest U.S. ethanol producer, and Royal DSM, a Netherlands-based company, will invest USD 250 million to commercialize ethanol production from discarded corn cobs and stalks.
Continental Nickel starts mining in Tanzania
Canadian mineral explorer Continental Nickel Limited is set to begin mining nickel in southern Tanzania following positive exploration results. Solar project
PSEG Solar Source has completed the acquisition of a 25.2MW DC solar project developed by juwi solar Inc. The PSEG Queen Creek Solar Farm is expected to begin construction in January 2012 and be completed in the 3rd quarter of 2012. Africa Eagle to receive $ for Dutwa Nickel Project
Africa Eagle Resources is set to receive USD 5.5 million from the International Finance Corporation. The money will be used for a bankable feasibility study at the Dutwa Nickel Project in Tanzania.