Production at Venezuela gas field to start in 15 months
September 7th, 2012 - 11:29 am ICT by IANS
Lecheria (Venezuela), Sep 7 (IANS/EFE) Spain's Repsol said it expects production at the Perla gas field, located off Venezuela's northwestern coast and one of the world's largest, to begin in ... Read more...
Posted in Business |
Dhaka offers ten gas drilling sites to Russian firm
February 23rd, 2011 - 3:11 pm ICT by IANS
Dhaka, Feb 23 (IANS) Energy-starved Bangladesh has offered a package of ten wells to Russian enterprise Gazprom after a Polish company withdrew from five wells earlier this month.State-run oil, gas and ... Read more...
Posted in Business |
Reliance Industries buys US shale assets for $1.3 bn
June 24th, 2010 - 3:29 pm ICT by IANS
Mumbai, June 24 (IANS) Reliance Industries (RIL) Thursday said it will pay $1.3 billion for a 45 percent stake in US-based Pioneer Natural Resources' shale gas assets.
"Reliance will acquire a 45 percent ... Read more...
Posted in Business |
Brazilian firm to invest $400 mn in Colombia
March 18th, 2010 - 11:21 am ICT by IANS
Bogota, March 18 (EFE) Brazilian state-controlled energy company Petrobras plans to invest close to $400 million in Colombia over the next three years, Colombian business daily Portafolio reported Wednesday.
"Petrobras is attuned to ... Read more...
Posted in Business |
Maharashtra struggles to cope with impending drought
July 17th, 2008 - 10:29 pm ICT by IANS
Mumbai, July 17 (IANS) With the rains playing truant and the threat of a drought looming large over Maharashtra, the state government has warned people in major cities to brace themselves for ... Read more...
Posted in Environment |
ONGC Mittal Energy gets permit to drill for oil in Trinidad
June 22nd, 2008 - 1:40 pm ICT by IANS
By Paras Ramoutar
Port-of-Spain, June 22 (IANS) ONGC-Mittal Energy Ltd (OMEL) has become the first Indian energy company to be involved in oil exploration in Trinidad and Tobago. Trinidad and Tobago's Minister of ... Read more...
Posted in Business |