oil sales

Venezuela boosts oil sales to China


August 14th, 2012 - 11:47 am ICT by IANS
Caracas, Aug 14 (IANS/EFE) Venezuela has increased oil sales to China to 640,000 barrels a day, the Andean nation's energy minister said."Before, we never sold a single barrel of petroleum ... Read more...

Posted in Business |

US exempts India from Iran oil sanctions (Second Lead)


June 12th, 2012 - 2:49 pm ICT by IANS
Washington, June 12 (IANS) A day before India-US strategic dialogue here, the US has exempted India and six other nations from its tough Iran oil sanctions for significantly reducing their ... Read more...

Posted in World |

US exempts India from Iran oil sanctions (Lead)


June 12th, 2012 - 9:22 am ICT by IANS
Washington, June 12 (IANS) A day before India-US strategic dialogue here, the US has exempted India and six other nations from its tough Iran oil sanctions for significantly reducing their ... Read more...

Posted in World |

US exempts seven countries from sanctions


June 12th, 2012 - 6:56 am ICT by IANS
Washington, June 12 (IANS) The US will exempt seven economies, including India and Sri Lanka from sanctions, as a result of their significant reduction of oil purchase from Iran, ... Read more...

Posted in World |

Ecuador to deliver $538 mn worth of oil to China


December 10th, 2011 - 12:46 pm ICT by IANS
Quito, Dec 10 (IANS/EFE) State oil company Petroecuador will deliver nearly $538 million worth of crude to PetroChina in 2012 in fulfillment of a cash-for-oil agreement, an executive with the ... Read more...

Posted in Business |

Venezuela to spend oil income on social programmes (Lead)


April 23rd, 2011 - 5:58 pm ICT by IANS
Caracas, April 23 (IANS) Venezuelan President Hugo Chavez has announced that extra income from the country's oil exports will be used for social spending.Venezuela, South America's biggest oil producer, has ... Read more...

Posted in Business |

Chavez vows to spend extra income from oil on social programmes


April 23rd, 2011 - 4:33 pm ICT by IANS
Caracas, April 23 (IANS) Venezuelan President Hugo Chavez has announced that extra income from the country's oil exports will be used for social spending.Venezuela, South America's biggest oil producer, has ... Read more...

Posted in Business |

Ecuador’s oil exports rise 43 percent


October 13th, 2010 - 11:36 am ICT by IANS
Quito, Oct 13 (IANS/EFE) Ecuador exported 9.1 million barrels of oil in September, up 43 percent from the 6.3 million barrels exported in the previous month, state-owned oil company Petroecuador said.Oil sales ... Read more...

Posted in Business |

Delhi petrol pumps owners protest VAT hike, observe shutdown


May 14th, 2010 - 1:14 pm ICT by ANI
New Delhi, May 14 (ANI): Petrol pumps in Delhi are observing a 24-hour shutdown in protest against the hike in Value Added Tax (VAT) on diesel by the Delhi Government on Friday. ... Read more...

Posted in National |

Khodorkovsky, Lebedev deny all charges in trial


April 21st, 2009 - 5:31 pm ICT by IANS
Moscow, April 21 (RIA Novosti) Former Russian oil tycoon Mikhail Khodorkovsky and his business partner Platon Lebedev denied all the charges against them in a trial in Moscow Tuesday. "No, I ... Read more...

Posted in Politics |

New oil field discovered in southwestern Iran


July 13th, 2008 - 9:14 pm ICT by IANS
RIA Novosti Tehran, July 13 (RIA Novosti) A new oil field with an estimated reserve of more than one billion barrels of crude has been discovered in Iran's southwestern province of Khuzestan, the ... Read more...

Posted in Business |

Saudi Arabia defers 5.9 bn dollars payment for oil sales to Pakistan


July 12th, 2008 - 4:14 pm ICT by ANI
London , July 12 (ANI): Saudi Arabia has agreed in principle to defer payments for crude oil sales to Pakistan expected to be worth approximately 5.9 billion dollars at present rates ... Read more...

Posted in South Asia |

UN recommends transfer of $100 mn fund for Iraq development


March 21st, 2008 - 1:15 pm ICT by admin
Xinhua United Nations, March 21 (Xinhua) UN Secretary-General Ban Ki-moon has asked the Security Council to transfer $100 million from the UN Iraq Account to the Development Fund of Iraq to initiate development ... Read more...

Posted in Uncategorized |

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