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30.11.2021 (335 Clicks)

ENGIE and BASF sign Power Purchase Agreement for renewable Energy in Europe

ENGIE and BASF have signed a 25-year Power Purchase Agreement (PPA) for renewable energy in Europe. Under the PPA, effective as of January 1, 2022, ENGIE will provide BASF with up to 20.7 terawatt hours of renewable electricity in total throughout the term of the agreement.

30.11.2021 (368 Clicks)

Climate Action can lessen Poverty and Inequality worldwide

Climate change disproportionately affects the world’s most vulnerable populations. Not only are these effects compounding and magnify existing inequalities, but the impacts will increase in severity over time, affecting both current and future generations. A new international study shows that the redistribution of revenues from a carbon tax can promote equity and protect marginalized populations.

29.11.2021 (371 Clicks)

Queensland´s Exploration Expenditure for the September 2021 Quarter has risen by 7 %

The latest exploration data from the Australian Bureau of Statistics (ABS) is out, and it’s great news for Queensland. Exploration expenditure in the Sunshine State for the September 2021 quarter has risen by 7 percent on the previous quarter to reach $196 million.

Exploration expenditure for the 12 months to September has risen to $723 million, which is 40 per cent or $205 million higher than the same period two years ago.

Queensland Resources Council (QRC) Chief Executive Ian Macfarlane said today’s data painted an optimistic picture for Queensland’s resources sector which has continued to surge ahead for both petroleum and minerals.

“The exploration expenditure data is up 5 percent higher than the previous 12 months and 40 percent higher than the same period two years ago, so it’s another strong result for Queensland,” Mr Macfarlane said today.

“These latest figures show our explorers have managed to continue to expand their exploration programs in spite of Covid-19’s impact on the availability to recruit skilled workers and source equipment from overseas and interstate.

“This demonstrates the continuing strength and ingenuity of the resources sector, which benefits every Queenslander in terms of job opportunities and our industry’s ongoing contribution to the state’s economy.”

The Queensland Exploration Council (QEC) Chair Kim Wainwright said the state’s exploration industry has shown resilience through the pandemic.

“It’s welcome news that the exploration industry is forging ahead in spite of the challenges of Covid-19,” Ms Wainwright said.

“Over the past 12 months, Queensland petroleum exploration expenditure hit $296 million, which is 8 percent higher than the same period in 2020 and 58 percent higher than 2019.

“Queensland minerals exploration expenditure hit $427 million over the past 12 months, which is 3 percent higher than the same period in 2020 and 29 percent more than 2019.”

Queensland minerals exploration expenditure by commodity over the past 12 months:

• Copper exploration expenditure  increased by 34% to $98.5 million
• Silver, lead and zinc exploration expenditure increased  by 104% to $16.1 million
• Nickel and cobalt exploration expenditure increased by 139%  to $8.6 million
• Gold exploration expenditure increased by 26% to $103.7 million

Coal exploration expenditure decreased by 20% to $178.2 million

Source: QRC

                     

27.11.2021 (389 Clicks)

Vanadium Key to building a sustainable Future

Vanadium is a key metal for sustainable development around the world. It is used to reduce the CO₂ footprint of steelmaking and applied as electrolyte in vanadium redox flow batteries (VRFBs), which are set to play a leading role in long duration energy storage.

26.11.2021 (308 Clicks)

BAM implements new Organisation Structure to further improve Effectiveness and Growth

Effective 1 January 2022, Royal BAM Group nv will implement a new organisation structure to further improve effectiveness and access to growth opportunities.

26.11.2021 (524 Clicks)

Strabag awarded major Contract for Drinking Water Treatment Plant in Ghana

• Design & build contract for the design, delivery, erection and commissioning of a drinking water treatment plant
• Contract value of around € 70 million with term of 40 months
• Financing of project via buyer credit with export guarantee

25.11.2021 (313 Clicks)

Fugro honoured with US Offshore Wind Industry Ventus Award

Fugro has received a Ventus Award for Advancement in Project Siting and Development from the Business Network for Offshore Wind.

25.11.2021 (283 Clicks)

Sandvik to acquire US based round Tools Manufacturer GWS Tool Group

Sandvik has signed an agreement to acquire 100% of the equity interests of the US based company GWS Tool Intermediate Holdings LLC from its beneficial owners, L Squared Capital Partners and GWS management. GWS is an established and fast growing provider of made-to-order round tools with a large exposure to the general engineering and aerospace segments. The Company will be reported in Walter, a division within the business area Sandvik Manufacturing and Machining Solutions.

25.11.2021 (310 Clicks)

Balfour Beatty hits the Jackpot at APM Project Management Awards

Balfour Beatty took home one of the top accolades at this years’ APM Project Management Awards – securing the ‘Contribution to Project Management: company or consultancy’ award.

23.11.2021 (297 Clicks)

KaMin to acquire BASF Kaolin Minerals Business

KaMin LLC, a global performance minerals company owned by IMin Partners, and BASF announced that they have entered into a definitive agreement in which KaMin will acquire the BASF kaolin minerals business. Currently, the kaolin minerals business is part of BASF's Performance Chemicals division.