Myanmar gas exploration contract inked
June 11th, 2012 - 1:10 pm ICT by IANS
Yangon, June 11 (IANS) A contract has been inked on exploring gas at an onshore block in Myanmar, official media reported.Under the production sharing contract, signed among state-run Myanmar Oil ... Read more...
Posted in Business |
Australia keen to expand trading base in India
June 1st, 2012 - 6:44 pm ICT by IANS
Agartala, June 1 (IANS) Australia is trying to expand its trade and business base in India and is keen to establish people-to-people relations in the days ahead, Australian diplomats ... Read more...
Posted in Business |
HCL to develop software for US energy firm
April 23rd, 2012 - 11:49 pm ICT by IANS
Bangalore, April 23 (IANS) India's leading IT services provider HCL Technologies will partner with US-based GridPoint to develop software for smart energy solutions, the company said late Monday."As part of ... Read more...
Posted in Uncategorized |
Russian firm to operate two oil fields in Venezuela
April 13th, 2012 - 11:34 am ICT by IANS
Caracas, April 13 (IANS/EFE) Russia's Gazprombak Latin America Ventures will operate two oil fields in northwestern Venezuela in a joint venture with Corporacion Venezolana del Petroleo, or CVP, the government ... Read more...
Posted in Business |
‘Irrelevant parties should stay out of South China Sea’
April 10th, 2012 - 6:59 pm ICT by IANS
Beijing, April 10 (IANS) China Tuesday expressed hope that "irrelevant parties" will avoid getting involved in disputes over the South China Sea.Foreign Ministry spokesman Liu Weimin said this at a ... Read more...
Posted in World |
Shale gas exploration policy by March 2013: Reddy
March 13th, 2012 - 9:01 pm ICT by IANS
"Shale gas policy is proposed to be announced tentatively by March 31, 2013," Reddy said in a written reply in the Rajya Sabha, adding the government has already started formulating the ... Read more...
Posted in Business |
US reiterates opposition to Iran-Pakistan pipeline
September 16th, 2011 - 5:16 pm ICT by IANS
Islamabad, Sep 16 (IANS) The US has reiterated its opposition to the proposed Iran-Pakistan gas pipeline that could eventually stretch to India, saying Islamabad should intensify efforts to develop its ... Read more...
Posted in World |
CBI files case against eight in gas exploration irregularities (Second Lead)
July 1st, 2011 - 8:17 pm ICT by IANS
New Delhi, July 1 (IANS) The Central Bureau of Investigation (CBI) Friday registered a criminal case against eight people, including former director general of hydrocarbons (DGH) V.K. Sibal, for extending ... Read more...
Posted in Business |
Confident of strengthened trade ties with Bengal: US official
June 17th, 2011 - 7:56 pm ICT by IANS
Kolkata, June 17 (IANS) A top US diplomat Friday exuded confidence in the commitment of West Bengal's new regime to developing bilateral commercial ties but said the region faced ... Read more...
Posted in Uncategorized |
Obama undertakes two-day Poland visit
May 28th, 2011 - 7:24 am ICT by IANS
Warsaw, May 28 (IANS) US President Barack Obama arrived here late Friday on a two-day visit.On Friday night, Obama attended a dinner with 20 Central and East European ... Read more...
Posted in World |
India, Russia to sign more than 15 pacts during Medvedev visit
December 17th, 2010 - 7:15 pm ICT by ANI
New Delhi, Dec. 17 (ANI): India and Russia are expected to sign more than fifteen agreements during President Dmitry Medvedev's three day visit to India.Medvedev will arrive in New Delhi on Monday ... Read more...
Posted in National |
China’s urban fixed-asset investment up 24.9 percent
December 11th, 2010 - 7:04 pm ICT by IANS
Beijing, Dec 11 (IANS) China's urban fixed-asset investment rose by 24.9 percent in the first 11 months year-on-year to 21.07 trillion yuan ($3.19 trillion), China's statistics authority said Saturday. The growth rate ... Read more...
Posted in Business |
Shale gas extraction is fraught with problems
November 21st, 2010 - 12:47 pm ICT by IANS
By Killugudi Jayaraman
Bangalore, Nov 21 (IANS) "We are trying to usher in a shale gas era", Petroleum Minister Murli Deora exulted after signing an agreement with the United States for shale ... Read more...
Posted in Environment |
Khaleda Zia raps Hasina for power deal with India
June 8th, 2010 - 7:19 pm ICT by IANS
Dhaka, June 8 (IANS) Bangladesh opposition leader Khaleda Zia has
criticised the Sheikh Hasina government for signing a deal with India to generate more power in the country.She has instead asked ... Read more...
Posted in Business |
Indian business delegation to visit Bangladesh
March 27th, 2010 - 12:33 am ICT by IANS
Kolkata, March 26 (IANS) A high level Indian business delegation would visit Bangladesh early next month, Bangladesh's Industry Minister Dilip Barua said here Friday.
"A 50-member team will be visiting Bangladesh on April ... Read more...
Posted in Business |
India gives reprieve to Russian firm for delay in gas exploration
January 9th, 2010 - 4:41 pm ICT by IANS
New Delhi, Jan 9 (IANS) India Saturday approved a proposal from Russia's largest refiner Gazprom to complete the hydrocarbon exploration work it had committed with the state-run gas company GAIL in ... Read more...
Posted in Business |
Export only third option in Dhaka’s gas exploration policy
October 2nd, 2009 - 3:40 pm ICT by IANS
Dhaka, Oct 2 (IANS) Bangladesh says export of gas is only the third option in its production-sharing contracts with multinationals engaged in exploration.
"We think ultimately gas export will not be needed ... Read more...
Posted in Business |
Gas exploration in Dhaka’s interest, says Hasina
September 21st, 2009 - 9:32 pm ICT by IANS
Dhaka, Sep 21 (IANS) Bangladesh Prime Minister Sheikh hasina Monday said awarding of gas exploration contracts to foreign firms was in the country's interest and "not a sell-out."
Hasina said gas exploration is ... Read more...
Posted in Business |
Dhaka to protest Yangon’s maritime stand in Bay of Bengal
June 25th, 2009 - 12:01 pm ICT by IANS
Dhaka, June 25 (IANS) Bangladesh is set to protest to the UN against Myanmar's claim to the territorial sea in the Bay of Bengal, where maritime boundaries have caused disputes and led ... Read more...
Posted in World |
Decision on fuel price deregulation soon: Deora (Lead)
May 29th, 2009 - 6:09 pm ICT by IANS
New Delhi, May 29 (IANS) The government is actively considering deregulation of auto fuel prices and a decision on this will be taken soon by the cabinet, Minister for Petroleum and Natural ... Read more...
Posted in Business |
Dhaka to take its maritime boundary row with India to UN
May 12th, 2009 - 2:25 pm ICT by IANS
Dhaka, May 12 (IANS) Bangladesh is preparing to take to the UN its maritime boundary row with India and Myanmar in the Bay of Bengal.
"We are making preparations to put forward our ... Read more...
Posted in Business |
Drilling caused Indonesian mud volcano eruption
October 31st, 2008 - 2:31 pm ICT by ANI
Washington, Oct 31 (ANI): Petroleum geologists from around the globe have concluded that the east Java mud volcano was triggered by drilling of a nearby gas exploration well, not by an ... Read more...
Posted in National |
Tata’s exit ‘a wakeup call for Dhaka’
August 4th, 2008 - 11:56 am ICT by IANS
Dhaka, Aug 4 (IANS) The scraping of $3 billion investment plans for Bangladesh by Indian conglomerate Tata Group is likely to deter investors and should be "a wake up call" for Dhaka, ... Read more...
Posted in Business |
Nagarjuna group to start work on refinery, port
July 3rd, 2008 - 12:55 am ICT by IANS
Chennai, July 2 (IANS) Tamil Nadu Chief Minister M. Karunanidhi laid the foundation stone for a petroleum refinery project of Nagarjuna Oil Corporation Limited (NOCL) here Wednesday. NOCL managing director S. Rammohan ... Read more...
Posted in Business |
Bangladesh Jamaat chief to be charged for the first time
May 9th, 2008 - 1:38 pm ICT by admin
Dhaka, May 9 (IANS) Bangladesh's Anti-Corruption Commission (ACC) is to press charges for the first time against the amir (chief) of the Jamaat-e-Islami, the country's largest Islamist party, for alleged corruption during ... Read more...
Posted in South Asia |
Zia faces her first formal graft charge
May 6th, 2008 - 4:43 pm ICT by admin
Dhaka, May 6 (IANS) Former Bangladesh prime minister Khaleda Zia Tuesday faced her first formal graft charge as the Anti-Corruption Commission (ACC) accused her and 10 others of abuse of power in ... Read more...
Posted in South Asia |
UAE begins production at offshore gas field
May 5th, 2008 - 6:46 pm ICT by admin
Umm Al Qaiwain (UAE) May 5 (IANS) The United Arab Emirates (UAE) has started producing gas from the offshore field located 20 km off Umm Al Qaiwain (UAQ) emirate, WAM news agency ... Read more...
Posted in World |
Global Vectra opens new hangar in Mumbai
April 10th, 2008 - 9:26 pm ICT by admin
Mumbai, April 10 (IANS) Helicopter service firm Global Vectra Helicorp Ltd Thursday launched its new hangar for chopper maintenance facility at the Juhu Airport in north Mumbai. The company has been granted ... Read more...
Posted in Business |
Bangladesh-Myanmar maritime talks snagged
April 2nd, 2008 - 11:56 am ICT by admin
Dhaka, April 2 (IANS) Bangladesh's talks with Myanmar on demarcation of their maritime boundary have hit a snag, compounding its economic woes in the Bay of Bengal, where it is unable to ... Read more...
Posted in Business |
Bangladesh anti-graft panel slaps case against Khaleda Zia
February 26th, 2008 - 10:42 pm ICT by admin
Xinhua
Dhaka, Feb 26 (Xinhua) The Bangladesh Anti-Corruption Commission (BACC) Tuesday filed a case against former prime minister Khaleda Zia for allegedly awarding a contract to a foreign firm causing huge loss to ... Read more...
Posted in Uncategorized |