A famous newspaper in Australia declared that the Indian giant Adani Group, hopes to bid the Port of Brisbane, this port is owned by the Australian state and Adani is to bid it at the rate of $2 billion recently. The Reuters report declared that, a couple of firms led by the Morgan Stanley Infrastructure Fund and Global Infrastructure Partners are also participating in the auction
The vital fact about the Adani Group, the Adani Group has been permitted to develop a novel port for coal, sited at the Dudgeon Point in the northern part of the Queensland, situated near the current port Dalrymple Bay. The Coal project of the Linc Energy in Australia is to be purchased by the Adani Group, which costs around $2.7 billion. The Reuters Sources in the July declared that the port was to be bided by the Global Infrastructure Partners; it is United States based investment company, the Queensland Investment Corp, governed by the State Government and the Macquarie Capital.
The United Kingdom has been hit hard in the renewable energy production for the second time in the current year and around £1bn fund is to be furnished by the tax payers and some industries. The declination in the electricity that is manufactured via wind, hydro and various others clean sources are one main reason for the setback of the promises made by the coalition government and if this persists it may even lead to the third industrial revolution and it would also create a low-carbon economy. The reports declared recently uncovered that, there was a fall in the electricity produced by the renewable electricity due to the lack of rainfall and the declination was around 12 percent in the period of April and June in this year.
An inevitably downtrend in the production of electricity from the nuclear power stations and the greenhouse gas emissions and this will be recovered soon, when the United Kingdom is ready to reduce the pollution and it suggest other nations to reduce the amount of pollution and pollutants. The renewable energy, in the recent times it is facing severe criticism and the government and the officials of the nation are recommending the investors to increase the funds.
Oil and gas wells ventures across the world
The crude oil production interest is increased around 38075 barrels per day is yielded from 976 Million Cubic Feet; this statistics was given by the Oil & Gas Development Company Limited recently. In the 13th Annual General Meeting for the stockholders, Imtiaz Kazi the Chairman for the Board of Directors of the Oil & Gas Development Company Limited and the Secretary of the Petroleum & Natural Resources presented the account statement of the company for the financial year 2009 and 2010.
Forthcoming and Current Energy Projects across the United Kingdom
The Government of United Kingdom is anticipating to reduce the public spending and to slash the inflating budget; this slash is expected to be performed on the solar energy sectors. If the government cut downs the investment towards the solar energy, this will lead to a major setback in the emerging low-carbon technology in the Britain. The low-carbon technology in the Britain is already moving at the slower pace than the Green technologies, the Green technologies are one of the fast growing and emerging technology in the Europe.
Natural gas and Oil well News across the United Kingdom
The natural gas revolution has just embarked on in the United Kingdom; the Cuadrilla Resources started its drilling venture sited at the Blackpool tower, the Blackpool tower is four miles away from the Cuadrilla Resources. An examination is performed and a comparison is done between the geological reports of the Dorset and the Isle of Wight with the large yielding Barnett shale, of the Texas.
