offshore field

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 |

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 |

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 third quarter net profit rises 23 percent (Second Lead)


January 21st, 2010 - 9:48 pm ICT by IANS
New Delhi, Jan 21 (IANS) Recording a sharp rise in its third quarter net profit, state-run Oil and Natural Gas Corp Thursday said that it has also seen its earnings per barrel ... Read more...

Posted in Business |

ONGC third quarter net profit rises 23 percent (Lead superseding earlier story)


January 21st, 2010 - 7:21 pm ICT by IANS
Mumbai, Jan 21 (IANS) State-run energy major Oil and Natural Gas Corp (ONGC) Thursday reported a 23 percent increase in net profit at Rs.3,053.58 crore for the third quarter this fiscal, compared ... Read more...

Posted in Business |

ONGC to invest Rs.24.65 bn in Assam


March 5th, 2009 - 10:25 pm ICT by IANS
New Delhi, March 5 (IANS) State-run major Oil and Natural Gas Corp Thursday said it will invest Rs.24.65 billion (Rs.2,465 crore) for revamping oil fields in Assam. The board of the upstream major ... Read more...

Posted in Uncategorized |

New find pushes Brazil’s oil reserves to 26 bn barrels


September 12th, 2008 - 12:24 pm ICT by IANS
Manaus (Brazil), Sep 12 (IANS) Brazil has emerged as a major oil power with proven reserves estimated at 26 billion barrels and expectations that the figure will rise further, EFE ... Read more...

Posted in Uncategorized |

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 |

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