WISCO developing in Canada and Cameroon
WISCO has signed an agreement with Canadian miner, Adriana Resources Inc. to jointly develop the LacOtelnuk iron ore program in Quebec, Canada. The mine has a total reserve of 6 billion mt of magnetic concentrate with 30% iron content. Gamesa to build wind turbine
Gamesa is leading a EUR 25 million project to build a massive 15MW wind turbine. The Azimut Offshore Wind Energy 2020 project joins eleven companies and 22 research centres specialising in offshore wind energy technologies to generate the know-how required to develop a large-scale marine wind turbine using 100% Spanish technology. Aker receives two contracts
Aker Solutions received two contracts from Petrobas for the supply of mooring and loading systems in Brazil. Combined, the contracts are valued at NOK 210 million. Kostelnik elected to Frontier’s board
Frontier Oil Corp. has elected Robert J. Kostelnik to its Board of Directors. Currently, Kostelnik serves as President and CEO of Cinatra Clean Technologies, Inc. Bayer to build five plants in China
Bayer MaterialScience will invest EUR 110 million to construct five new downstream facilities in China by 2012. The facilities will consist of three polyurethanes systems houses, a new polycarbonate sheet facility and a polycarbonate color compounding and design center.
Rich Marcogliese, Valero Energy Corp.’s Executive Vice President and Chief Operating Officer will retire at the end of 2010. Marcogliese left Exxon and joined the Valero team in 2000. 
Southern California Edison (SCE) has signed 21 contracts as part of their 2010 Renewables Standard Contracts Request for Offers. The contracts include nearly 259MW of power. 
Iron Mining Group, Inc.’s (IMG) wholly owned subsidiary, Chile Inversiones de Minerales, Ltda. has completed the initial acquisition of 50% of the La Serena Iron Sands Mine. 
The Minister of Energy and Petroleum of Venezuela, Rafael Ramirez, the President of PDVSA, and Paolo Scaroni the CEO of Eni, signed contracts for the development of two mixed enterprises. 
Brazil will increase its share of the seaborne iron ore market from 2011 onwards as Vale SA increases its fleet of large iron ore carriers.