Brazil calls on oil firms to operate responsibly
March 22nd, 2012 - 7:58 pm ICT by IANS
Rio de Janeiro, March 22 (IANS/EFE) Brazilian President Dilma Rousseff called on oil companies to operate responsibly and comply with all environmental regulations after a new crude leak was detected ... Read more...
Posted in Business |
New Iran sanctions not to disrupt oil markets: US
February 3rd, 2012 - 3:16 pm ICT by IANS
Washington, Feb 3 (IANS/RIA Novosti) The Obama administration will take steps to ensure that new US sanctions expected to be imposed on Iran in the near future do not hurt ... Read more...
Posted in Business |
South Korea to invest nearly $12 bn in oil in 2012
December 21st, 2011 - 2:48 pm ICT by IANS
Seoul, Dec 21 (IANS) South Korea plans to invest nearly $12 billion in oil and natural gas developments next year in a bid to secure stable energy supply, the economy ... Read more...
Posted in Business |
Chinese oil firm eyes investments in Brazil
October 13th, 2011 - 11:46 am ICT by IANS
Sao Paulo, Oct 13 (IANS/EFE) A subsidiary of state-owned China National Petroleum Corporation has begun talks on developing deposits in an oil-rich region off the coast of the Brazilian state ... Read more...
Posted in Business |
Brazilian firm approves $225 bn investment plan through 2015
July 24th, 2011 - 12:26 pm ICT by IANS
Rio de Janeiro, July 24 (IANS/EFE) Brazilian state-controlled energy giant Petrobras has approved $224.7 billion in investment outlays for the 2011-15 period.The majority - $127.5 billion - will be allocated ... Read more...
Posted in Business |
Libya declares ceasefire after UN no-fly resolution
March 18th, 2011 - 8:48 pm ICT by ANI
Tripoli, Mar 18(ANI): Libya's government has declared an immediate ceasefire, hours after a United Nations Security Council (UNSC) resolution backed a no-fly zone over the country.Libyan Foreign Minister Mussa Kussa said that ... Read more...
Posted in World |
Bahrain king reshuffles cabinet
February 27th, 2011 - 7:59 am ICT by IANS
Manama, Feb 27 (IANS) Bahrain's King Hamad bin Isa Al Khalifa has issued directions for a cabinet reshuffle, as pressure continues to mount on the government from anti-government protesters.Hamad issued the orders ... Read more...
Posted in Politics |
Oil spill off Mumbai coast
January 21st, 2011 - 3:45 pm ICT by IANS
Mumbai, Jan 21 (IANS) An oil spill was reported 80 km off the Mumbai coast Friday after a rupture in a pipeline carrying crude oil from state-owned Oil and Natural Gas Corp's ... Read more...
Posted in Business |
French oil industry says all fuel depot blockades lifted
October 26th, 2010 - 1:12 am ICT by Angela Kaye Mason
PARIS (BNO NEWS) -- The National Oil Association on Monday said that all blockades on France's fuel depots have been lifted after a series of strikes that caused a fuel shortage throughout ... Read more...
Posted in Business |
Schumacher returns to F1 with Mercedes
December 24th, 2009 - 3:18 am ICT by IANS
Hamburg, Dec 24 (DPA) Seven-time world champion Michael Schumacher is to come out of retirement to race for Mercedes GP, the Formula One team confirmed Wednesday.
Schumacher, who had quit the sport in ... Read more...
Posted in Sports |
ONGC gets nod for investment in Vietnamese oil block
October 1st, 2009 - 5:28 pm ICT by IANS
New Delhi, Oct 1 (IANS) The overseas investment arm of state-run Oil and Natural Gas Corp (ONGC) has secured the government's nod for an additional investment of $149.46 million in a ... Read more...
Posted in Business |
Bahrain, Shell sign memorandum on gas initiatives
February 3rd, 2009 - 11:42 am ICT by ANI
Nicosia, Feb 3 (ANI): The National Oil and Gas Authority (NOGA) of Bahrain andShell International Gas and Power Limited have signed a memorandum of understanding (MOU) concerning the feasibility of various ... Read more...
Posted in Business |
Bahrain plans to invest 13 billion dollar in oil and gas sector
August 29th, 2008 - 2:13 pm ICT by ANI
Nicosia, Aug 29 (ANI): Abdul Hussain bin Ali Mirza, the Chairman of Bahrains National Oil and Gas Authority (NOGA), has said that in the coming 20 years Bahrain will spend about ... Read more...
Posted in World |
China, India in battle for UK energy firm: Report
August 4th, 2008 - 5:39 pm ICT by IANS
London, Aug 4 (IANS) Shares of a Russia-focussed oil and gas company rallied Monday after reports that China was rivalling a buy-up bid by the Oil and Natural Gas Corp Ltd (ONGC) ... Read more...
Posted in Uncategorized |
South Korea to drill oil in northern Iraq
June 26th, 2008 - 2:47 pm ICT by IANS
Seoul, June 26 (IANS) South Korea will explore eight oil fields in Kurdistan and drill to meet its domestic requirement in return for building infrastructure facilities in the northern Iraqi region, state-run ... Read more...
Posted in World |
World’s third largest oil field discovered off Brazil
April 15th, 2008 - 1:57 pm ICT by admin
DPA
Rio de Janeiro, April 15 (DPA) An oil field discovered off Brazil's Atlantic coast could prove to be the world's third largest, National Oil Agency (NOA) said. The Carioca field in the ... Read more...
Posted in Business |
Saudi oil firm selling stake in Philippines’ refining company
March 14th, 2008 - 2:47 pm ICT by admin
DPA
Manila, March 14 (DPA) Saudi Arabia's leading oil producer Aramco is selling its 40 percent stake in Petron Corp, the largest oil refiner in the Philippines, to London-based Ashmore investment group, President ... Read more...
Posted in World |
Ukraine to ask gas firm to pay dues to Russia
March 5th, 2008 - 8:04 pm ICT by admin
(Lead)
RIA Novosti
Kiev, March 5 (RIA Novosti) Ukraine Wednesday said it would order the country's national oil and gas company Naftogaz to pay its outstanding dues to Russia for the natural gas supplied ... Read more...
Posted in Uncategorized |