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ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

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The project will reconstruct and upgrade about 299 km (186 miles) of a deteriorated section of the Aktobe–Makat road in the western part of the country, and introduce a modern transport information system to increase road traffic safety and logistics effectiveness.

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Global geothermal industry passes 12,000 MW operational

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The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA. In California, the Imperial Irrigation District announced plans to develop 1,700 MW of new geothermal as part of an initiative supporting restoration of the Salton Sea.

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BP closes out 2013 with deepwater finds in Gulf of Mexico and offshore Angola; new activity offshore Brazil

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During the year, BP participated in 15 completed wildcat exploration wells, resulting in 7 potentially commercial discoveries—a new field exploration success rate of more than 40%. In mid-December 2013, BP announced its discovery in the Gila prospect, its latest in the Paleogene in the deepwater US Gulf of Mexico. Click to enlarge.

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