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May 26th, 2006:
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Reuters: Anglo American, Shell form clean coal alliance
Anglo American, Shell form clean coal alliance
Thu May 25, 2006 5:31 PM GMT
LONDON (Reuters) – Global miner Anglo American Plc said on Thursday it had formed an alliance with Shell Gas & Power International in converting coal to clean energy.
Anglo said in a statement that the aim was “to maximise the benefits from the emerging field of clean coal energy by taking selective equity positions in coal conversion projects”.
The projects would make use of Anglo's coal reserves and combine its mining capabilities with Royal Dutch Shell's technologies, with the object to extract, gasify and convert coal into chemicals, hydrogen, power, liquid hydrocarbons and other uses.
Financial Times: Russia calls for review of two foreign oil projects
Financial Times: Russia calls for review of two foreign oil projects
By Financial Times reporters
Published: May 26 2006 03:00 | Last updated: May 26 2006 03:00
Russia's natural resources ministry yesterday called for a review of the two largest foreign oil projects in the country, even as senior officials sought to assure EU leaders that Russia was a reliable energy partner.
The ministry said the legal agreements underpinning oil and gas developments on Sakhalin island, on Russia's eastern flank, were ineffective and should be reviewed.