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PetroChina Daqing Tamsag applies for additional 650 sq.km area
Apr. 8 | Chinese company PetroChina Daqing Tamsag leads in Mongolia with its oil exploration and exploitation. Its capacity increased in 2011 and on June 24 2011, agreed with Oil Authority of Mongolia to expand its “Toson Uul XIX”exploitation field....
The Unconventional Oil & Gas Summit•China 2012
Mar. 20 | With the support of Wade, Natural Gas Roundtable, CEDIGAZ, Global Industry Connects Consultancy will organize the Unconventional Oil & Gas Summit•China 2012(UG2012) in Zhengzhou, Henan Province, China during 12th-15th, September, 2012. On December...
Softbank, Newcom Group, KEPCO to Start Wind Power Generation in Mongolia
Mar. 13 | Softbank Corp. said Saturday it will tie up with Mongolian investment firm Newcom Group and Korea Electric Power Corp. in order to start a wind power generation project in the Gobi Desert in Mongolia. Softbank believes the collaboration will be the first...
Zandanshatar meets with Chinese Trade Minister
Jan. 12 | G.Zandanshatar, Minister for Foreign Affairs and Trade is on an official visit to China at the invitation of Chinese Foreign Minister Yang Jiechi. G.Zandanshatar arrived in Beijing yesterday and the visit will last for five days. Yesterday, G.Zandanshatar...
Price of Petroleum increased by 20 percent
Jan. 9 | The most of the petroleum importer companies have increased their prices of petroleum last Friday except petroleum giant “Sod Mongol” and “Petrovis”. Both companies have increased their price of gas starting from today. Price increase of USD...
Mongolia’s Renewables Belittle World’s Nuclear Supply
Jan. 8 | Untapped mineral riches are fueling Mongolia’s ambition to compete with Australia and Brazil in Asia . The nation’s resource-based economy grew 21 percent last quarter alone. This largesse obscures a potential aboveground treasure also awaiting...
Mongolia has 8.4 billion tons of coal reserve
Dec. 27 | According to Mineral resources commission, 112 mining deposits of 14 kinds have been registered this year. Coal deposits are the majority with 27 coal deposits discovered and registered. They have been followed by 23 deposits of gold, seven of iron, four...
Commodities Giant Trafigura Shopping for Coal and Iron Projects in Mongolia
Dec. 20 | In 2011, Mongolia eclipsed Australia as the main exporter of coking coal to China, which became a net importer of the raw material in 2009. Over the next 20 to 30 years, domestic coal production in China is expected to end as mineable resources disappear...
Proposal from citizens relayed to Prime Minister
Dec. 5 | Prime Minister S.Batbold met with members from the NGO Ulaanbaatar Regional Council on the 2nd of December to discuss the problem of air pollution in the capital city. The council believes that the most effective way to contain air pollution in Ulaanbaatar...
