article thumbnail

Agreements reached on trans-Guinean infrastructure in milestone for Simandou iron ore project

Green Car Congress

Rio Tinto and the Simfer joint venture (Simfer) reached an important milestone by concluding key agreements with the Republic of Guinea (West Africa) and Winning Consortium Simandou (WCS) on the trans-Guinean infrastructure for the world class Simandou iron ore project. Aerial view of Simandou project.

Guinea 195
article thumbnail

ExxonMobil ships first LNG cargo from $19B PNG LNG project ahead of schedule; serving China and Japan

Green Car Congress

ExxonMobil Corporation has shipped the first cargo of liquefied natural gas (LNG) from the $19-billion PNG LNG project ahead of schedule. Construction of PNG LNG in Papua New Guinea began in 2010, and took more than 190 million work hours to complete. The first cargo is bound for LNG customer Tokyo Electric Power Co.

article thumbnail

BMW Group Plant Landshut light metal foundry recertified by Aluminum Stewardship Initiative (ASI)

Green Car Congress

The auditing criteria require evidence of material stewardship, such as a holistic lifecycle analysis for the company’s own products and a comprehensive recycling strategy, as well as compliance with standards for transparency, overall management and corporate integrity.

Light 243
article thumbnail

ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

Green Car Congress

Exxon Mobil Corporation added 2.7 Other significant new proved reserve additions were made in Guyana, where the company funded the first phase of development last year, and in Mozambique, associated with the project funding of the Coral FLNG project in the gas-rich deepwater Area 4. ExxonMobil’s proved reserves totaled 21.2

2017 186
article thumbnail

Transport Ministers endorse 2009 MPG Marathon in Coventry

Green Cars News

There are approximately three million company car drivers on the road and an untold number in the grey fleet, those who use their own vehicles for business purposes. As well as ‘smarter’ driver training techniques, the MPG Marathon will showcase a number of fuel and carbon saving technologies that are being ‘guinea-pigged.’.

MPG 32
article thumbnail

Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and Equatorial Guinea. Glencore also admitted to bribery of officials in Brazil and Venezuela.