oil industry

India keen to invest in Ghana’s oil industry (Lead)


July 10th, 2012 - 7:45 pm ICT by IANS
Accra, July 10 (IANS) India is seeking to invest in Ghana'soil and gas sector and double trade with West Africa to $40 billion by 2015 as part of its growing efforts ... Read more...

Posted in Business |

One killed, nine injured in Iraq bombings


July 9th, 2012 - 9:13 am ICT by IANS
Baghdad, July 9 (IANS) At least one person was killed and nine wounded in separate bomb attacks in Iraq's Kirkuk province Sunday, Xinhua reported.A roadside bomb struck a police convoy ... Read more...

Posted in World |

Israeli military admits to cyber-warfare


June 4th, 2012 - 1:41 pm ICT by IANS
Jerusalem, June 4 (IANS) The Israeli military is using cyber-warfare to curb attacks on the country's cyber space and to counter enemies on the net, the authorities say.In a ... Read more...

Posted in World |

Fuel shortage to ease in Chennai, says Jayalalithaa


May 29th, 2012 - 9:42 pm ICT by IANS
Chennai, May 29 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa Tuesday said the acute shortage of petrol and diesel will end in the metropolis as urgent steps are being taken ... Read more...

Posted in Business |

Iran not to retreat an iota from its rights


May 12th, 2012 - 4:09 am ICT by IANS
Tehran, May 12 (IANS) Iran will not retreat an iota from its rights under pressure of sanctions, President Mahmoud Ahmadinejad has said."They (West) should know that this (Iranian) nation ... Read more...

Posted in Uncategorized |

China begins drilling in South China Sea


May 9th, 2012 - 3:51 pm ICT by IANS
Beijing, May 9 (IANS) China's first deep-water drilling rig started operation in the South China Sea Wednesday, marking "a substantial step" by the country's oil industry, a newspaper reported.The sixth-generation ... Read more...

Posted in World |

China’s to drill in South China Sea


May 7th, 2012 - 9:21 pm ICT by IANS
Beijing, May 7 (IANS) The first deep-water drilling rig developed in China will be put into service in the South China Sea Wednesday, the country's largest offshore oil producer said ... Read more...

Posted in Business |

‘Indian oil investments in both Sudans safe’


April 4th, 2012 - 8:14 pm ICT by IANS
New Delhi, April 4 (IANS) Both Sudan and South Sudan have assured India that its $2.5 billion investment in the oil industry spanning the trans-national border are safe and will ... Read more...

Posted in Business |

India ready to help fight piracy in Africa


February 28th, 2012 - 11:55 am ICT by IANS
United Nations, Feb 28 (IANS) India has expressed readiness to contribute to international efforts to tackle the threat of piracy in the Gulf of Guinea."India stands ready to contribute to ... Read more...

Posted in Uncategorized |

Penguins rally from brink of extinction


February 27th, 2012 - 12:30 pm ICT by IANS
Sydney, Feb 27 (IANS) King penguin colonies have rallied from the brink of extinction and are well on the way to recovery thanks to recent conservation efforts, a study reveals. ... Read more...

Posted in Uncategorized |

Mexico’s economy grew in 2011


February 17th, 2012 - 11:07 am ICT by IANS
Mexico City, Feb 17 (IANS/EFE) Mexico's gross domestic product grew 3.9 percent last year, the state-run National Institute of Statistics and Geography, or INEGI, said Thursday.The construction sector advanced 4.6 ... Read more...

Posted in Business |

Russia rules out Iran sanctions


February 16th, 2012 - 9:19 am ICT by IANS
Moscow, Feb 16 (IANS/RIA Novosti) Russia has ruled out backing western sanctions against Iran, saying they are aimed at regime change in Tehran."Somebody may be viewing the current situation as ... Read more...

Posted in World |

European parliament urges Russia, China to back Iran sanctions


February 3rd, 2012 - 4:17 am ICT by IANS
Moscow, Feb 3 (IANS/RIA Novosti) The European parliament Thursday called on Russia and China to back UN Security Council sanctions against Iran and cease assisting its nuclear activities."[Members] regret the ... Read more...

Posted in World |

Obama administration vetoes Canada-Texas pipeline


January 19th, 2012 - 11:50 am ICT by IANS
Washington, Jan 19 (IANS/EFE) The US government said Wednesday it has decided not to give permission for a proposed pipeline from Canada to the Gulf of Mexico, a project hailed ... Read more...

Posted in Business |

Gas prices decline & stand at $3.29 per gallon


December 5th, 2011 - 7:50 pm ICT by Aishwarya Bhatt
Los Angeles, Dec 5 (THAINDIAN NEWS) The price of gas continues to go on the downside despite the fact that the commodity is still costly on the international market. The price of ... Read more...

Posted in Business |

Don’t rush to celebrate the post-Gaddafi era: Xinhua


August 27th, 2011 - 2:37 pm ICT by IANS
Beijing, Aug 27 (IANS) Though Gaddafi's fate remains unknown, his era has "undoubtedly come to an end". However, Libyans should remain cautious about the country's future as there were tremendous ... Read more...

Posted in Uncategorized |

Indians warned against fake job offers from Nigeria


April 8th, 2011 - 2:31 pm ICT by IANS
Abuja, April 8 (IANS) The Indian high commission in Nigeria has stepped in to stem the increasing number of cases of Indians being duped by Nigerians through various promises, including ... Read more...

Posted in World |

US crude oil crosses $100 mark


March 18th, 2011 - 5:11 am ICT by IANS
New York, March 18 (IANS) US crude oil price rebounded sharply Thursday as supply concerns and higher demand expectations lifted the market, Xinhua reported.Light, sweet crude for April delivery gained ... Read more...

Posted in Business |

Protesters gain control over Libyan oil fields


February 27th, 2011 - 7:05 pm ICT by IANS
Tehran, Feb 27 (IANS) Anti-government protesters in Libya have gained control over most of the country's oil fields, Iran's Press TV said Sunday. The oil fields are no longer under the ... Read more...

Posted in Politics |

Canadian dollar at three-year high


February 26th, 2011 - 12:26 pm ICT by IANS
By Gurmukh Singh Toronto, Feb 26 (IANS) The Canadian dollar Friday rose to its highest level against the US greenback in three years as the Toronto Stock Exchange surged with investors returning after ... Read more...

Posted in Business |

Take to the streets, internet groups urge Iraqis


February 25th, 2011 - 12:54 pm ICT by IANS
Baghdad, Feb 25 (IANS) Internet groups on Facebook have urged Iraqis to take to streets Friday to "end corruption and sectarianism in Iraq". The call has come exactly a month after ... Read more...

Posted in Politics |

Qantas to start world’s longest 747 route


January 29th, 2011 - 7:03 pm ICT by ANI
Sydney, Jan 28 (ANI): Qantas would reportedly start its services on the world's longest 747 route, flying 13,804 kilometres non-stop from Sydney to Dallas, Texas, later this year.In 1989, Qantas had ... Read more...

Posted in World |

People have to bear some burden of oil price rise: Mukherjee


January 28th, 2011 - 5:15 pm ICT by IANS
New Delhi, Jan 28 (IANS) Finance Minister Pranab Mukherjee Friday said the burden of oil price rise will have to be borne at least partly by the people as oil marketing ... Read more...

Posted in Business |

Lessons that the Gulf Oil spill taught us


January 8th, 2011 - 6:10 pm ICT by ANI
Washington, Jan 8 (ANI): Following one of the biggest disasters in recent history, BP boss Tony Hayward admitted to his company's insufficient response to the Deepwater Horizon rig accident in the Gulf ... Read more...

Posted in Health Science |

No decision yet on Indian Oil Corporation’s public offer


December 25th, 2010 - 7:39 pm ICT by IANS
Haldia, Dec 25 (IANS) The government is yet to take a decision on floating a follow-on public offer (FPO) of the Indian Oil Corporation (IOC), a top bureaucrat said here Saturday."There has ... Read more...

Posted in Business |

Chelsea Football club owner Roman Abramovich to run for the Russian parliament


December 17th, 2010 - 9:40 pm ICT by Aishwarya Bhatt
Moscow, Dec 17 (THAINDIAN NEWS) There are reports that Chelsea Football club owner Roman Abramovich is planning to contest for his re-election into the Russian parliament. It may be recalled that he ... Read more...

Posted in World News |

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 |

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 |

BS-III and IV petrol and diesel introduced across India


September 23rd, 2010 - 8:44 pm ICT by IANS
New Delhi, Sep 23 (IANS) India has switched over to eco-friendly Bharat Stage (BS) III and BS IV (equivalent to Euro III and Euro-IV) petrol and diesel ahead of the Oct 1 ... Read more...

Posted in Business |

Brazil pledges $113 mn to fight climate change


August 20th, 2010 - 6:32 am ICT by IANS
Brasilia, Aug 20 (IANS/EFE) Brazil will allocate $113 million next year to fight climate change, an official said. Branca Americano, environment ministry's secretary for climate change, Thursday said a part of the money ... Read more...

Posted in Environment |

US tightens rules on offshore drilling permits


August 17th, 2010 - 7:38 pm ICT by ANI
Washington, Aug.17 (ANI): The Obama administration has said that it would require significantly more environmental review before approving new offshore drilling permits, ending a practice in which government regulators essentially rubber-stamped potentially ... Read more...

Posted in World |

Sandra Bullock Has Doubts About The Intentions Of The Gulf Restoration Video


August 1st, 2010 - 7:56 pm ICT by Pen Men At Work
August 1, 2010 (Pen Men at Work): Sandra Bullock’s spokesperson Cheryl Maisel has demanded that Bullock’s part in a video on the Gulf oil leakage be edited till it is established ... Read more...

Posted in Entertainment |

BP announces Hayward’s departure, reports $17 mn quarterly loss (Lead)


July 27th, 2010 - 4:19 pm ICT by IANS
London, July 27 (DPA) Oil giant BP Tuesday announced a record quarterly loss of $17.1 billion as a direct result of the Gulf of Mexico oil spill and said its embattled chief ... Read more...

Posted in Environment |

US urges release of citizen sentenced in China


July 7th, 2010 - 4:33 am ICT by IANS
Washington, July 7 (DPA) The US called on China Tuesday to release a US geologist who was sentenced to eight years in prison for obtaining an oil database regarded as a ... Read more...

Posted in World |

China jails American geologist for eight years for stealing state secrets


July 5th, 2010 - 4:49 pm ICT by ANI
Beijing, July 5(ANI): A Chinese-born American geologist has been sentenced to eight years in jail in China for collecting intelligence and illegally providing state secrets to his company in the US.Beijing's ... Read more...

Posted in South Asia |

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