Coal-into-oil products
US-based Headwaters Inc. has announced plans with Shenhua Group Corp. Ltd to build in China the world's first commercial plant to turn coal into diesel fuel and gasoline.
Nucor to purchase Qualitech Assets
Nucor Corp. has entered into an agreement to purchase substantially all of the assets of Qualitech Steel SBQ LLC for USD 37 million.
Canadian firms push ahead in Arctic gas race
Backers of a CAD 3 billion proposed pipeline to tap natural gas reserves in Canada's frozen North expect to spend between CAD 200 million and CAD 250 million over the next three years to secure regulatory approval.
Chavez to sign LNG deal
Venezuelan president Hugo Chavez, Shell and Mitsubishi will sign a contract to build and operate the USD 2.5 billion liquified natural gas facility on the Paria peninsula.
New power plant for Huangshi City
A new power plant will be built soon in Huangshi City in central China's Hubei Province.