8Jun 2017

Oracle Coalfields Plc (AIM:ORCP) Market Update

Oracle Coalfields PLC (AIM:ORCP), the UK energy developer of a combined lignite mineral resource and mine mouth power plant located in the Thar desert in the south-east of Sindh Province, Pakistan (the “Project”), today provides an update to the market of its progress in bringing its project to financial close and an update on operations.

24May 2017

Moody’s downgrades China’s credit rating

China’s credit rating has been cut over fears that growth in the world’s second-biggest economy will slow in the coming years.

Moody’s, one of the world’s big three ratings agencies, cut China by one notch to A1 from Aa3.

It was the first time the agency has downgraded the country since 1989.

23May 2017

China claims breakthrough in mining ‘flammable ice’

Methane hydrate

China has for the first time extracted gas from an ice-like substance under the South China Sea considered key to future global energy supply.

Chinese authorities have described the success as a major breakthrough. Methane hydrates, also called “flammable ice”, hold vast reserves of natural gas. Many countries including the US and Japan are working on how to tap those reserves, but mining and extracting are extremely difficult.

21May 2017

Could Electric Vehicles Become The New Norm?

 

No one can deny that something big is happening to the automotive industry. Companies like Nissan, Ford, Honda, and Zipcar are all entering the electric automotive race to offer sustainable cars that meet consumer demands, government regulations, and stand up to the gas-powered vehicle.

16Feb 2017

Exclusive: China’s Sinochem in early talks to buy stake in Noble Group – sources

The company logo of Noble Group is seen at its headquarters in Hong Kong March 23, 2015. REUTERS/Bobby Yip/File Photo

Shares in Noble Group climbed by nearly a fifth after the embattled commodities trader confirmed it was in talks with a strategic investor, following a report it was in early discussions with China’s Sinochem about an equity investment. The stock rose as much as 16.8 per cent on Tuesday morning in Singapore, a day after Reuters reported that state-owned Sinochem was talking with the company about buying an equity stake.

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