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BYD and UzAuto to form NEV production JV in Uzbekistan

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The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan. Strong cooperations with other international enterprises on the development of vehicle electrification is part of the core business strategy.

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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

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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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BP and Maersk collaborating to develop next-generation offshore drilling rigs for Project 20K

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The agreement is part of BP’s Project 20K, a multi-year initiative to develop next-generation systems and tools for deepwater exploration and production that are beyond the reach of today’s technology. BP also sees potential applications for the technology in Egypt, Azerbaijan and other deepwater basins around the world.

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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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BP deepened its equity in the Gila prospect and accessed the BM-CAL-13 lease as part of the acquisition of Devon Energy’s interests in the Gulf of Mexico, Brazil and Azerbaijan, announced in 2010. The lease for Keathley Canyon Block 93 was acquired in the Western Gulf of Mexico Lease OCS Sale 187 in 2003. Click to enlarge.

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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. The largest source of growth in 2010 is the United States, followed by Brazil, Azerbaijan, and Kazakhstan. US crude oil production averaged 5.32

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