also news about caltex and UCG. Been posted before but dont...

also news about caltex and UCG. Been posted before but dont think it was this article.

http://news.alibaba.com/article/detail/energy/100203075-1-interview-australia%2527s-caltex-eyes-opportunities-coal%252C.html


INTERVIEW-Australia's Caltex eyes opportunities in coal, gas

Published: 18 Nov 2009 20:05:17 PST
* Caltex says to look beyond oil refining for growth

* In early stage of exploring opportunities in LNG, UCG

PERTH, Nov 19 - Caltex Australia Ltd , the country's largest refiner, is looking beyond oil refining and banking on the country's vast reserves of coal and natural gas to support its next phase of its growth, its chief executive said on Thursday.

CEO Julian Segal, who took the reins of Caltex in July, told Reuters in an interview that Asian fuel consumption, underpinned by growth in China and India, would grow dramatically, offering new opportunities for growth.