new oil

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 says offshore find holds high-grade oil


August 15th, 2012 - 11:25 am ICT by IANS
Rio de Janeiro, Aug 15 (IANS/EFE) Preliminary drilling has confirmed that an offshore deposit discovered in March contains significant reserves of light crude, Brazilian state oil giant Petrobras said."New oil ... Read more...

Posted in Uncategorized |

Brazil oil giant announces new find


August 4th, 2012 - 12:31 pm ICT by IANS
Rio de Janeiro, Aug 4 (IANS/EFE) Brazilian state-controlled oil company Petrobras has announced the discovery of a new oil find at a deep-water well off the country's northeast coast.Petrobras said ... Read more...

Posted in Business |

Iraq signs gas deal with Pakistani energy firm


July 16th, 2012 - 6:02 am ICT by IANS
Baghdad, July 16 (IANS) Iraq has signed a deal with a Pakistani energy company to explore for natural gas in eastern Iraq, Xinhua reported."The Iraqi oil ministry is signing a ... Read more...

Posted in South Asia |

Colombian firm makes new oil find


April 26th, 2012 - 12:55 pm ICT by IANS
Bogota, April 26 (IANS/EFE) State oil company Ecopetrol announced a new crude discovery at an exploratory well in Tisquirama, a block in northern Colombia that has been in commercial production ... Read more...

Posted in Business |

Chevron detects new oil leak in Brazil


March 17th, 2012 - 11:47 am ICT by IANS
Rio de Janeiro, March 17 (IANS/EFE) US oil supermajor Chevron Corp. announced it has detected a small crude leak at the same field off Brazil's coast where another spill occurred ... Read more...

Posted in Business |

Chinese-Spanish venture makes oil find in Brazil


February 28th, 2012 - 11:25 am ICT by IANS
Madrid, Feb 28 (IANS/EFE) Chinese-Spanish oil venture Repsol Sinopec Brasil has made a new oil find in Brazil's deepwater Campos Basin, with the discovery offering one of the heaviest accumulations ... Read more...

Posted in Business |

China’s oil reserves went up 20 percent in 2011


February 24th, 2012 - 12:41 pm ICT by IANS
Beijing, Feb 24 (IANS) Chinese Ministry of Land and Resources has said the country discovered 1.37 billion tonnes of oil reserves in 2011, up 20.6 percent from a year earlier.It ... Read more...

Posted in Business |

French firm to invest $4.2 bn in Norway


February 3rd, 2012 - 1:41 pm ICT by IANS
Paris, Feb 3 (IANS) French giant energy producer Total said Thursday it is investing $4.2 billion for the development of a new oil field located in the North Sea off ... Read more...

Posted in Business |

IAEA team to visit Iran as EU slaps oil imports ban


January 24th, 2012 - 1:50 am ICT by IANS
London, Jan 24 (IANS) The UN's nuclear watchdog, International Atomic Energy Agency (IAEA), has said it was sending a team to Iran between Jan 29 and 31 "to resolve all ... Read more...

Posted in World |

EU bans Iranian oil imports (Lead, Changing Dateline)


January 24th, 2012 - 12:33 am ICT by IANS
London, Jan 23 (IANS) The European Union Monday imposed an oil embargo on Iran over its nuclear programme.The sanctions involve an immediate ban on all new oil contracts with Iran ... Read more...

Posted in Uncategorized |

Pakistan spuds 21 new oil wells


August 21st, 2011 - 8:39 pm ICT by IANS
Islamabad, Aug 21 (IANS) Pakistan's state-run OGDCL oil company has spudded 21 new oil wells with net crude production of 37,370 bpd during the fiscal ending June 30, a media ... Read more...

Posted in South Asia |

India, Kazakhstan welcome civil nuclear cooperation agreement


April 16th, 2011 - 7:35 pm ICT by ANI
Astana (Kazakhstan), Apr 16 (ANI): India and Kazakhstan have appreciated the signing of the agreement on cooperation in peaceful uses of nuclear energy between the two nations.An inter-governmental pact was signed ... Read more...

Posted in World |

Bidders response to India’s new oil, gas blocks was satisfactory: Jaipal Reddy


March 28th, 2011 - 10:25 pm ICT by ANI
New Delhi, Mar 28 (ANI): Union Petroleum and Natural Gas Minister Jaipal Reddy on Monday said the bidders response to the country's new oil and gas blocks has been more than satisfactory ... Read more...

Posted in National |

WiliLeaks cables state Saudi oil reserves may be overstated by almost 40 percent


February 10th, 2011 - 3:15 pm ICT by ANI
London, Feb.10 (ANI): Leaked American diplomatic cables released by the whistle blowing web site WikiLeaks have revealed that the United States fears that Saudi Arabia, the world's largest crude oil exporter, may ... Read more...

Posted in World |

Saudi oil stock exaggerated by 40 percent: WikiLeaks


February 10th, 2011 - 3:06 am ICT by IANS
London, Feb 10 (IANS) The estimated stock of oil in Saudi Arabia was 40 percent higher than the country's actual reserve, which according to the US is not enough to check the ... Read more...

Posted in Business |

Ecopetrol makes new oil find in Colombia


December 15th, 2010 - 12:49 pm ICT by IANS
Bogota, Dec 15 (IANS/EFE) State-owned Empresa Colombiana de Petroleos, or Ecopetrol, said it found oil at a new well in central Colombia, raising the number of new petroleum discoveries this year to ... Read more...

Posted in Business |

Abu Dhabi invests $30 bn in new oil projects


November 2nd, 2010 - 1:10 am ICT by IANS
Abu Dhabi, Nov 1 (IANS/WAM) Abu Dhabi has invested over $30 billion in new oil projects to boost oil production to 3.5 million barrels per day by the end of this year.The ... Read more...

Posted in Business |

Petrobras finds oil signs during deepwater exploration


October 28th, 2010 - 12:45 pm ICT by IANS
Rio de Janeiro, Oct 28 (IANS/EFE) Brazilian state-controlled energy giant Petrobras said signs of oil found at in its first deepwater exploration well in the Sergipe-Alagoas Basin mark the opening of a ... Read more...

Posted in Business |

ONGC makes two new oil and gas discoveries


October 16th, 2010 - 8:42 pm ICT by IANS
New Delhi, Oct 16 (IANS) The Oil and Natural Gas Corporation (ONGC) has made two new discoveries of oil and gas reserves - gas at the Krishna-Godavari basin block and oil in ... Read more...

Posted in Business |

New oil blocks up for auction with no more tax breaks


October 15th, 2010 - 2:31 pm ICT by IANS
New Delhi, Oct 15 (IANS) India Friday launched the ninth round of auction of its hydrocarbon assets for 34 blocks, including eight deep water ones, but removed the tax exemptions given to ... Read more...

Posted in Business |

SCI inducts a new oil tanker in its fleet


October 5th, 2010 - 8:50 pm ICT by IANS
Mumbai, Oct 5 (IANS) The Shipping Corporation of India Tuesday accepted delivery of its fifth Large Rane-I product tanker from a South Korean shipbuilder.The new tanker, christened MT Swarna Krishna, is one ... Read more...

Posted in Business |

Bangladesh discovers gas field with huge reserves


September 26th, 2010 - 2:15 pm ICT by IANS
Dhaka, Sep 26 (IANS) A new gas field with a possibility of a two to three trillion cubic feet (tcf) reserve has been found in Bangladesh, an official said. The gas structure in ... Read more...

Posted in Business |

Now a heart-healthy soybean oil


September 14th, 2010 - 5:03 pm ICT by IANS
Washington, Sep 14 (IANS) Providing good news for heart patients, researchers have developed a soybean variety that produces oil naturally low in saturated and trans fats. Saturated and trans fats clog arteries, ... Read more...

Posted in Sci-Tech |

Vegetable oil from soybeans that is much healthier than others created


September 14th, 2010 - 2:19 pm ICT by ANI
London, Sep 14 (ANI): Craving for that pack of cookies but its fat content is stopping you? You may not have to do it now, as scientists have developed vegetable oil from ... Read more...

Posted in Health Science |

51 new oil, gas discoveries reported


August 17th, 2010 - 11:54 pm ICT by IANS
New Delhi, Aug 17 (IANS) India's state-owned oil explorers have reported 51 new discoveries in the last 16 months, parliament was informed Tuesday. In a written reply in the Rajya Sabha, Minister of ... Read more...

Posted in Business |

New oil field discovered in Angola


July 14th, 2010 - 6:47 am ICT by IANS
Sao Paulo, July 14 (IANS/EFE) Brazilian oil firm Petrobras said it has found a new oil field at an exploration block 100 km off the Angolan coast at a depth of 470 ... Read more...

Posted in Business |

ONGC signs new oil and gas block contracts


June 30th, 2010 - 3:23 pm ICT by IANS
New Delhi, June 30 (IANS) State-run Oil and Natural Gas Corporation (ONGC) along with its partners Wednesday signed production sharing contracts (PSCs) for 31 oil and gas blocks awarded to 23 companies ... Read more...

Posted in Business |

Michael R. Bromwich To Lead New Oil Agency


June 22nd, 2010 - 7:32 pm ICT by GD
By Ranjan Bhaduri June 22, (THAINDIAN NEWS) A former federal prosecutor was appointed as the director of a government agency that looks after oil and gas development related work and offshore drilling too. ... Read more...

Posted in Politics |

Canadian firm makes new oil discovery in Colombia


March 10th, 2010 - 12:17 pm ICT by IANS
Bogota, March 10 (IANS/EFE) Canadian-owned Pacific Rubiales has made a new oil discovery at an exploration well located in Colombia's Llanos Orientales region, a media report said. The results are promising and bode ... Read more...

Posted in Business |

New oil field in Mexico could help rescue industry


February 17th, 2010 - 3:54 am ICT by IANS
Mexico City, Feb 17 (DPA) A new oil field was identified in the south of the Gulf of Mexico that could help rescue the North American country's lagging industry, according to the ... Read more...

Posted in Business |

New oil field discovered in Dubai


February 4th, 2010 - 5:05 pm ICT by IANS
Dubai, Feb 4 (IANS) A new oil field was discovered here in the United Arab Emirates (UAE), WAM news agency reported Thursday. UAE Prime Minister Sheikh Mohammed bin Rashid Al Maktoum said ... Read more...

Posted in Business |

Brazilian firm announces new oil finds


February 2nd, 2010 - 2:49 pm ICT by IANS
Rio de Janeiro, Feb 2 (IANS/EFE) Brazilian independent oil company OGX has said it found hydrocarbons in a block it controls in the Campos basin, off Brazil's coast. A 46-meter column of hydrocarbons ... Read more...

Posted in Business |

New oil-and-water ’self-assembly’ approach to quickly create electronic devices


January 13th, 2010 - 12:26 pm ICT by ANI
London, Jan 13 (ANI): Using a simple property that oil and water-based liquids do not mix, researchers have demonstrated a simple, cheap way to create self-assembling electronic devices.Crucially, the approach could allow ... Read more...

Posted in Health Science |

Portrait Of Princes William And Harry Unveiled


January 9th, 2010 - 7:51 pm ICT by GD
By Madhuri Dey Jan 9, (THAINDIAN NEWS) Prince William and Prince Harry have now joined the ranks of all their forefathers. A brand new oil painting has been unveiled, featuring the two royal ... Read more...

Posted in World News |

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