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News Category: Energy, Mining & Resources

XCMG Pushes for Carbon Neutrality within Its Operating Boundaries by 2049

By asianet

XCMG (SHE:000425) releases a program of action (PoA) for peak carbon and carbon neutrality, detailing planning, implementation and actual safeguard measures of sustainable transformation paths — including low-carbon transformation of energy consumption structure, green and intelligent manufacturing integration and upgrade, emissions reduction with supply chain alliance and digitalized, intelligent advancement. The PoA also specifies XCMG’s … Continued

Coastline Exploration Limited

By asianet

Coastline Exploration signs seven Production Sharing Agreements in the Federal Republic of Somalia Coastline Exploration Limited (“Coastline”), the upstream oil and gas company focused on East Africa, announces that it has signed seven Production Sharing Agreements (“PSAs”) covering offshore, deep-water blocks of the Federal Republic of Somalia. These PSAs enable Coastline to proceed with plans … Continued

Atlas Renewable Energy Secures Financing with BNB for the Construction of Lar do Sol – Casablanca II Solar Plant in Brazil

By asianet

The loan for the construction of the self-production photovoltaic plant was secured through Brazil’s Northeastern Bank’s Northeastern Constitutional Financing Fund. Atlas Renewable Energy, a global renewable energy generator, has secured a R$407 Million (approximately US$76 Million) loan from Brazil’s Northeastern Bank’s Northeastern Constitutional Financing Fund for the construction of the Lar do Sol – Casablanca … Continued

Around 550 participating international companies: Energie Steiermark once again achieves top results in the GRESB rating

By asianet

– Leading Styrian company achieves excellent results with the highest five-star rating – One more step towards climate neutrality – 100 percent score in the categories Leadership and Sustainability Goals Energie Steiermark has been taking part in the annual “Global Real Estate Sustainability Benchmark Rating” (GRESB) since 2019. The rating forms the basis for systematic … Continued

Atlantic Nickel delivers record operational and financial performance in 2021

By asianet

Atlantic Nickel (“Atlantic Nickel” or the “Company”) and Appian Capital Advisory LLP (“Appian”) are pleased to announce record operating and financial performance in 2021 at the Company’s Santa Rita nickel sulphide mine (“Santa Rita” or the “Mine”) located in Bahia, Brazil. Santa Rita is one of the very few long-life nickel sulphide mines in operation … Continued

Sinopec Completes China’s First Megaton Scale Carbon Capture Project

By asianet

The Qilu-Shengli Oilfield CCUS will reduce carbon emissions by 1 million tons per year China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has completed the construction of China’s first megaton carbon capture, utilization and storage (CCUS) project, the Qilu-Shengli Oilfield CCUS (the “Project”) on January 29, which will reduce carbon emission by 1 million tons … Continued

ReCarbon completes USD 25 million Series B-1 funding round with strategic and financial investors

By asianet

– Silicon Valley decarbonization solutions company announces global partnerships with major industry leaders ReCarbon, (https://recarboninc.com) the developer of a revolutionary greenhouse gas utilization technology platform, announces today the closing of its Series B-1 funding round. In addition, ReCarbon welcomes two important partners, POSCO, one of the largest steel companies in the world, and GS Holdings … Continued

SSAB to showcase two new steel products at premier Australian mining industry convention

By asianet

The International Mining and Resources Conference (IMARC) is set to return on January 31, 2022, with mining equipment manufacturer SSAB Australia among the companies that will headline the expo. SSAB Australia’s participation in IMARC highlights the importance of the upcoming event in view of the current economic situation in Australia, as mining remains an essential … Continued