BEIJING (Reuters) - The Chinese government has given Baosteel Group the go-ahead to build a 10-million tonne per annum steel project at Zhanjiang port in southeastern Guangdong province, according to a notice issued on Friday.
The Chinese government has given Baosteel Group the go-ahead to build a 10-million tonne per annum steel project at Zhanjiang port in southeastern Guangdong province, according to a notice issued on Friday. ...
NEW DELHI: Talks are on between South Korean steel major Posco and state-run domestic giant SAIL to set up an integrated steel plant, the government today said. "SAIL and Posco recently discussed possible collaboration opportunities including setting up of an integrated steel plant," Minister of Steel and Mines Narendra Singh Tomar told Lok Sabha in a written reply. "The discussions are at a very preliminary stage," he added.
Malaysia’s Petronas expects to make a final investment decision on an US$11-billion liquefied natural gas (LNG) export terminal in British Columbia by the end of June, after postponing the decision late last year, its chief executive officer said.
CEO Shamsul Azhar Abbas also said the state-owned company is in talks with a new Chinese buyer on a 10-12 percent stake in the Pacific NorthWest LNG project, potentially bringing a sixth partner into the joint venture.
CALGARY – Royal Dutch Shell plc’s US$70 billion takeover offer for BG Group will likely mean one fewer LNG project for Canada’s West Coast.
In investor presentation documents related to its mega-deal with BG released Wednesday, Shell has identified BG’s proposed Prince Rupert LNG facility in British Columbia as an asset that overlaps with its own LNG Canada project.
Analysts believe it is unlikely the combined company will build both multi-billion-dollar facilities.
BEIJING (Reuters) - A Chinese drug enforcement officer has been linked to government officials arrested after the seizure of nearly three tons of the drug crystal methamphetamine in the southern province of Guangdong last month, local media reported.
Cliffs Natural Resources Inc said it was temporarily stopping environmental assessment for its $3.3 billion chromite project in northwestern Ontario due to unresolved land rights and unfinished agreements with the provincial government.
Cliffs, primarily an iron ore and coal producer, plans to develop North America’s first major chromite mine in a remote cluster of rich mineral deposits called the ‘Ring of Fire’.