oil reserves

Arctic ice could vanish within 10 years: Scientists


August 13th, 2012 - 7:00 pm ICT by IANS
London, Aug 13 (IANS) Arctic sea ice could vanish within 10 years as it is melting much faster than previously believed, thanks to global warming, warn scientists, claiming that the ... Read more...

Posted in World |

ONGC reports Q1 net profit of Rs.6,078 crore


August 11th, 2012 - 10:29 pm ICT by IANS
New Delhi, August 11 (IANS) Public sector oil and gas producer ONGC Saturday reported a net profit growth of 48.4 percent at Rs.6,078 crore for the quarter ending June 30, ... Read more...

Posted in Business |

Sudan’s president warns protesters of ‘incinerating summer’


July 12th, 2012 - 5:10 pm ICT by IANS
Khartoum, July 12 (IANS/RIA Novosti) Sudanese President Omar al-Bashir has warned protesters against further protests and promised them an 'incinerating summer' instead of the Arab Spring.Protests against a government austerity ... Read more...

Posted in Politics |

Italian firm Eni finds oil in Egypt


May 24th, 2012 - 7:17 pm ICT by IANS
Rome, May 24 (IANS) Italy's largest energy company Eni said Thursday it has made a significant discovery of around 150-250 million barrels of oil in Egypt.The oil reserves have been ... Read more...

Posted in World |

Enough global oil to sideline Iran: Obama


March 31st, 2012 - 4:39 pm ICT by IANS
Washington, March 31 (IANS) US President Barack Obama has approved new sanctions against Iran, saying there was sufficient oil in the world market to allow countries to cut Iranian ... 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 |

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 |

Venezuela aims to boost oil output


December 21st, 2011 - 11:16 am ICT by IANS
Caracas, Dec 21 (IANS/EFE) Oil-rich Venezuela will boost its production of crude to 3.5 million barrels per day in 2012, President Hugo Chavez said."We are at 3 million, fluctuating there ... Read more...

Posted in Business |

India to step up oil, gas imports from Africa


December 9th, 2011 - 10:26 pm ICT by IANS
New Delhi, Dec 9 (IANS) With its energy needs growing to fuel a $1.8 trillion economy and Africa emerging as an alternative hydrocarbons hub, India Friday said it will ... Read more...

Posted in Business |

`Chevron out of Brazil if it fails to comply with agreement’


December 5th, 2011 - 11:56 am ICT by IANS
Brasilia, Dec 5 (IANS/EFE) US-based Chevron Corp. will have to leave Brazil if it fails to comply with the agreement it reached to deal with the damage caused by an ... Read more...

Posted in Business |

Left blames US-NATO for Gaddafi killing


October 21st, 2011 - 6:49 pm ICT by IANS
New Delhi, Oct 21 (IANS) A day after Muammar Gaddafi was killed, the Left parties Friday accused the US-NATO combine for launching a "blatant aggression" for a regime change to ... Read more...

Posted in Politics |

Sudan recognises South as independent state


July 9th, 2011 - 3:44 am ICT by IANS
Juba, July 9 (IANS/RIA Novosti) Khartoum, the capital city of Sudan, officially recognised the independence of South Sudan a day before it is to officially become Africa's 53rd state after ... Read more...

Posted in Politics |

Obama wants new ‘Made in US’ technologies


May 7th, 2011 - 5:11 pm ICT by IANS
Washington, May 7 (IANS) Calling clean energy as the answer for a nation concerned about both jobs and rising gas prices, US President Barack Obama would rather have new ... Read more...

Posted in World |

Gaddafi used Libya’s vast oil reserves to buy allies in sub-Saharan Africa


March 16th, 2011 - 4:15 pm ICT by ANI
Tripoli, Mar 16(ANI): Libyan dictator Muammar al-Gaddafi tapped his country's vast oil reserves to sprinkle billions of dollars around sub-Saharan Africa to buy allies for his regime.According to the New York Times, ... Read more...

Posted in World |

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 |

US concerned about safety of Libya’s oil reserves, not peace: Castro


February 23rd, 2011 - 3:07 pm ICT by ANI
Cuba, Feb.23 (ANI): Former Cuban leader Fidel Castro has said that America is not worried about maintaining peace in Libya but is more concerned about country's oil reserves.In a column published in ... Read more...

Posted in World |

Fidel Castro says US ready to order NATO invasion of Libya


February 23rd, 2011 - 1:20 am ICT by BNO News
HAVANA (BNO NEWS) -- Former Cuban leader Fidel Castro on Tuesday said the US will not hesitate to order NATO to invade Libya in order to control the country's oil reserves."For me, ... Read more...

Posted in World News |

Libyan unrest toll tops 100 after mourners shot dead (Lead)


February 20th, 2011 - 6:11 pm ICT by IANS
Cairo/Tripoli/New Delhi, Feb 20 (IANS) Libya's eastern city of Benghazi continued to be tense Sunday, a day after at least 15 people attending the funeral of anti-government protesters were shot dead by ... Read more...

Posted in Politics |

India eyeing upon Canadian sand gas, shale gas technology: Murli Deora


November 3rd, 2010 - 7:36 pm ICT by ANI
New Delhi, Nov 3 (ANI): Union Petroleum and Natural Gas Minister Murli Deora on Wednesday said India is considering the possibility of getting some definite technology from Canada in the field of ... Read more...

Posted in National |

India keen to invest more in Sudan’s oil sector


October 30th, 2010 - 10:04 pm ICT by IANS
New Delhi, Oct 30 (IANS) India Saturday expressed keenness to invest in the oil sector of the north african state of Sudan and the latter offered to increase the supply of its ... Read more...

Posted in Business |

Nationalise mines to stop illegal mining: Yechury


August 20th, 2010 - 8:05 pm ICT by IANS
New Delhi, Aug 20 (IANS) The Communist Party of India-Marxist (CPI-M) Friday called for nationalising the country's mineral resources and banning exports so that illegal mining can be checked. "It has been ... Read more...

Posted in Politics |

World’s oil reserves exaggerated by 33 percent: Former UK Govt. adviser


March 23rd, 2010 - 5:08 pm ICT by ANI
London, Mar 23(ANI): Britain's former Chief Scientific Adviser, David King, has said that the world's oil reserves have been exaggerated by about 33 percent.King and a research team from Oxford University said ... Read more...

Posted in World |

World crude oil production may peak a decade earlier than some predict


March 11th, 2010 - 3:01 pm ICT by ANI
Washington, March 11(ANI): In a new study, scientists in Kuwait have predicted that world conventional crude oil production will peak in 2014 - almost a decade earlier than some other predictions.Ibrahim Nashawi ... Read more...

Posted in Health Science |

Colombia’s oil exports total over $10 bn in 2009


March 4th, 2010 - 11:58 am ICT by IANS
Bogota, March 4 (IANS/EFE) Colombia's oil exports rose to $10.27 billion last year, accounting for just over one-third of total foreign trade, the energy and mines ministry said in a report. Foreign direct ... Read more...

Posted in Business |

Two oil reserves discovered in Brazil


February 26th, 2010 - 9:37 am ICT by IANS
Rio de Janeiro, Feb 26 (DPA) Brazil's state energy giant Petrobras announced Thursday that it has located two new significant oil deposits, estimated at a combined 65 million barrels. Both deposits are in ... Read more...

Posted in Business |

Russia lifts threat of oil cutoff


December 29th, 2009 - 4:00 am ICT by IANS
Bratislava, Dec 29 (DPA) Russia and Ukraine have resolved a dispute over oil transit issues, averting a disruption of oil supplies to three countries in Europe, Slovakia's industry minister said Monday. Industry Minister ... Read more...

Posted in Business |

Russia warns of possible halt in oil supplies to Europe


December 29th, 2009 - 12:44 am ICT by IANS
Bratislava, Dec 28 (DPA) Russia has warned of a possible halt in oil supplies to three European Union (EU) members via Ukraine, Slovakian Prime Minister Robert Fico said Monday. Russia had informed the ... 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 |

Iraq to seek US nuclear technology: report


November 23rd, 2009 - 7:06 pm ICT by IANS
Baghdad, Nov 23 (DPA) Iraq, reportedly home to the world's third-largest oil reserves, will seek peaceful nuclear technology from the US, an Iraqi lawmaker said in remarks published Monday. "The government seeks to ... Read more...

Posted in Business |

Global production of conventional oil could “peak” and decline by 2020


October 9th, 2009 - 4:52 pm ICT by ANI
London, October 9 (ANI): A new report has warned that there is a significant risk that global production of conventional oil could "peak" and decline by the year 2020.According to BBC News, ... Read more...

Posted in Health Science |

Rajasthan Government demands lion’s share in Cairn project


August 29th, 2009 - 6:00 pm ICT by ANI
By Pankaj ChaudharyBarmer (Rajasthan), Aug.29 (ANI): The Government of Rajasthan on Saturday demanded a lion's share of the value added tax (VAT) that would be generated from the extraction of crude ... Read more...

Posted in National |

Uganda’s oil reserves could reach six billion barrels: Report


August 28th, 2009 - 5:32 pm ICT by IANS
Kampala, Aug 28 (DPA) Uganda's recently discovered oil reserves now stand at two billion barrels but may exceed six billion barrels as exploration continues, a government newspaper reported Friday. International firms have invested ... Read more...

Posted in Business |

Brazil to build five submarines with France help


August 24th, 2009 - 4:11 am ICT by IANS
Sao Paulo, Aug 24 (EFE) Brazil will build five submarines in collaboration with France to protect its vast off shore oil reserves in the Amazon region, a media report said Sunday. The Folha ... Read more...

Posted in Business |

Young Iranians closely watching post election scenario


June 17th, 2009 - 4:39 pm ICT by ANI
Tehran, June 17 (ANI): As Iran continues to experience violent protests against the alleged "rigged poll" result in the recent presidential election, young Iranian voters are observing the country's political situation ... Read more...

Posted in World |

2009 Dodge challenger:Revisiting the Good Old Days


June 14th, 2009 - 11:29 pm ICT by GD
Car enthusiasts from all over America are rejoicing at the return of some of the old classic muscle cars reminiscent of a by-gone era forty years ago. The summer of 1969 saw ... Read more...

Posted in World News |

« Previous Entries

Subscribe