Brazil to auction new oil blocks in 2013
September 20th, 2012 - 12:11 pm ICT by IANS
Brasilia, Sep 20 (IANS/EFE) Brazil is planning an auction of new oil and gas exploration and production blocks for May 2013, although that long-delayed round will depend on prior approval ... Read more...
Posted in Business |
Brazil reduces Chevron fine for oil spill
September 18th, 2012 - 12:03 pm ICT by IANS
Rio de Janeiro, Sep 18 (IANS/EFE) Chevron will be fined $17 million for an offshore oil spill rather than the nearly $25 million announced in July, the head of Brazil's ... Read more...
Posted in Environment |
Brazilian firm makes deepwater oil find
August 27th, 2012 - 11:18 am ICT by IANS
Rio de Janeiro, Aug 27 (IANS/EFE) Oil and gas have been found in a deepwater basin in the Atlantic, Brazilian state-controlled oil giant Petrobras said.Tests confirmed the presence of petroleum ... Read more...
Posted in Business |
India’s $3 bn oil stake in South Sudan now looks safe
August 4th, 2012 - 8:08 pm ICT by IANS
Addis Ababa, Aug 4 (IANS) The state-run Oil and Natural Gas Corp (ONGC) can heave a sigh of relief, with signs of a truce, at least in oil, between Sudan ... Read more...
Posted in World |
Chevron faces $25 mn fine for Brazil oil spill
July 20th, 2012 - 12:46 pm ICT by IANS
Rio de Janeiro, July 20 (IANS/EFE) Brazil's National Petroleum Agency said Thursday that Chevron Corp. will be fined nearly 50 million reais ($24.7 million) for an oil leak at an ... Read more...
Posted in Business |
Brazilian oil giant makes new deep-water find
July 13th, 2012 - 11:58 am ICT by IANS
Rio de Janeiro, July 13 (IANS/EFE) Brazilian state-controlled oil giant Petrobras said that it has discovered a new deep-water crude deposit.In a regulatory filing Wednesday, Petrobras said the find was ... Read more...
Posted in Business |
Factsheet on Indian Railways, third largest globally
March 14th, 2012 - 6:44 pm ICT by IANS
New Delhi, March 14 (IANS) Indian Railways not just runs the world's third largest railroad network but is also among the largest employers. Here's a fact sheet:* Operates the third ... Read more...
Posted in Health Science |
Brazil’s oil production hits record high
February 3rd, 2012 - 2:02 pm ICT by IANS
Rio de Janeiro, Feb 3 (IANS) Brazil's oil and natural gas production was a record high in 2011, authorities said Thursday.According to National Petroleum Agency, Brazil's oil production totalled 768 ... Read more...
Posted in Uncategorized |
Brazil oil giant’s reserves’ rise
January 13th, 2012 - 11:21 am ICT by IANS
Sao Paulo, Jan 13 (IANS/EFE) Brazilian state-controlled oil giant Petrobras said its oil and gas reserves rose to 16.41 billion barrels in 2011, up 2.7 percent from the prior year.The ... Read more...
Posted in Uncategorized |
Brazil to impose more fines on Chevron for oil spill
November 30th, 2011 - 1:52 pm ICT by IANS
Rio De Janeiro, Nov 30 (IANS) Brazil's environment protection agency Ibama said Tuesday that US oil giant Chevron may be fined an additional 60 million reais ($32.6 million) for the ... Read more...
Posted in Environment |
Petrobras reports gas leak at drilling platform
November 28th, 2011 - 11:55 am ICT by IANS
Sao Paulo, Nov 28 (IANS/EFE) A "minimal amount" of gas leaked at a drilling platform off the coast of Rio de Janeiro state in the Campos basin, Brazil's main oil-producing ... Read more...
Posted in Environment |
Brazil suspends Chevron drilling rights after spill
November 24th, 2011 - 12:06 pm ICT by IANS
Rio de Janeiro, Nov 24 (IANS/EFE) Brazil's National Petroleum Agency, or ANP, said Wednesday it has temporarily barred Chevron Corp. from drilling new wells after an oil spill two weeks ... Read more...
Posted in Business |
Brazil fines Chevron for oil spill
November 22nd, 2011 - 1:12 pm ICT by IANS
Rio De Janeiro, Nov 22 (IANS) Brazilian authorities said Monday that US oil giant Chevron would pay a maximum environmental damage fine of $27.78 million for a large spill off ... Read more...
Posted in Environment |
Brazilian police question Chevron’s oil clean-up
November 21st, 2011 - 11:23 am ICT by IANS
Rio de Janeiro, Nov 21 (IANS/EFE) The head of the Brazilian Federal Police's environmental crimes unit has questioned the legality and methods being used by US-based Chevron Corp. to clean ... Read more...
Posted in Uncategorized |
China unveils list of top 500 companies
September 4th, 2011 - 3:56 pm ICT by IANS
Beijing, Sep 4 (IANS) China's Sinopec Group with a revenue of 1.97 trillion yuan (about $307 billion) has been ranked first on the list of the country's top 500 companies ... Read more...
Posted in Uncategorized |
Cambodia seeks to resume talks with Thailand about disputed oil and gas zone
August 31st, 2011 - 2:20 am ICT by BNO News
PHNOM PENH (BNO NEWS) -- Cambodia is looking to resume talks with neighboring Thailand to resolve overlapping maritime claims in the Gulf of Thailand, the Cambodian National Petroleum Authority (CNPA) said in ... Read more...
Posted in Thailand |
Chinese firm terminates six overseas projects
August 22nd, 2011 - 3:25 pm ICT by IANS
Beijing, Aug 22 (IANS) China National Petroleum Corp. (CNPC), the country's largest oil and gas producer, has terminated six exploration projects in Libya and Niger amid ongoing political turbulence in ... Read more...
Posted in Business |
China oil pipeline fire put out
July 17th, 2010 - 9:13 pm ICT by IANS
Beijing, July 17 (IANS) A massive fire that engulfed a port in northeast China has been put out Saturday, 15 hours after some 2,000 firefighters were pressed into service to contain the ... Read more...
Posted in World |
Three Chinese firms in top 10 of Fortune 500
July 9th, 2010 - 1:26 pm ICT by IANS
Beijing, July 9 (IANS) Fifty-four Chinese firms are on the Fortune Global 500 companies list by revenue, with three in the top 10, a media report said Friday.
Three Chinese companies -- Sinopec, ... Read more...
Posted in Business |
Brazil announces offshore oil discovery
May 14th, 2010 - 6:05 pm ICT by IANS
Rio de Janeiro, May 14 (IANS/EFE) Brazil has announced the discovery of about 4.5 billion barrels of oil in an offshore region, which could transform the country into a major oil exporter.
The ... Read more...
Posted in Business |
Russia, Venezuela sign energy, defence deals
April 4th, 2010 - 12:34 pm ICT by IANS
Caracas, April 4 (IANS/EFE) Venezuela and Russia have bolstered bilateral ties during a visit to the South American country by Prime Minister Vladimir Putin. They have signed dozens of accords in a ... Read more...
Posted in Business |
OVL, GAIL to take part in Chinese pipeline construction
February 18th, 2010 - 6:31 pm ICT by IANS
New Delhi, Feb 18 (IANS) The Indian government has approved the participation of ONGC Videsh and GAIL in the construction of a Chinese pipeline and also make additional investment of over $1.3 ... Read more...
Posted in Business |
Venezuela, China sign oil, mining agreements
December 24th, 2009 - 1:02 pm ICT by IANS
Caracas, Dec 24 (IANS/EFE) Venezuela and China have signed several new accords, one of which calls for Caracas to sell 500,000 barrels of oil per day to the Asian country and another ... Read more...
Posted in Business |
Venezuela and Russia complete oil deal negotiations
September 14th, 2009 - 8:16 am ICT by IANS
Caracas, Sep 14 (EFE) Venezuela and Russia have completed negotiations for joint production from one of the fields in the oil-rich Orinoco Belt, Venezuelan state-owned oil giant PDVSA said.
The Junin 6 Block ... Read more...
Posted in Business |
South Korean firm to invest $1.7 bn in Myanmar
September 2nd, 2009 - 11:04 pm ICT by IANS
Yangon, Sep 2 (Xinhua) South Korea's Daewoo International Company will invest $1.7 billion in gas exploration and production projects in western Myanmar, in which two Indian companies have a combined stake of ... Read more...
Posted in Business |
Iran needs 200 billion dollars investments for oil and gas projects
May 16th, 2009 - 10:51 am ICT by ANI
Nicosia, May 16 (ANI): Iranian First Vice President Parviz Davoudi has said that his country will need investments amounting to 200 billion dollars in its oil and gas sectors over the next ... Read more...
Posted in World |
India-CIS hydrocarbon roundtable to begin Tuesday
November 24th, 2008 - 4:53 pm ICT by IANS
New Delhi, Nov 24 (IANS) A year after India courted Africa's oil, hydrocarbon-rich Central Asian countries are now in its crosshair, as it prepares to host energy ministers and policy makers from ... Read more...
Posted in Business |
India looks at Central Asia for hydrocarbon ventures
October 24th, 2008 - 9:07 pm ICT by IANS
New Delhi, Oct 24 (IANS) After Africa, India has now trained its sights on Central Asia, touted as one of world's largest oil producing regions in the future.In a bid to tap ... Read more...
Posted in Business |
China’s Changqing oilfield targets 25 mn tonnes by 2015
July 18th, 2008 - 10:07 pm ICT by IANS
Xinhua
Beijing, July 18 (Xinhua) China's Changqing oilfield plans to produce 25 million tonnes of crude oil and 32 billion cubic metres of natural gas by 2015, its parent China National Petroleum Corp ... Read more...
Posted in World |