Archive for May, 2008
Petronas takes stake in Aussie LNG project
Petroliam Nasional Bhd (Petronas) has acquired 40% interest in a proposed integrated liquefied natural gas (LNG) project in Gladstone, Queensland, for about US$2.5 billion [...]
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FTSE rises early on miners and oil shares
The blue-chip index rose early on Thursday, tracking gains in the US and Asia, as Rio Tinto led miners higher, while relatively firm crude prices lifted oil shares. By 8:41 [...]
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Ivanhoe Energy to acquire oilsands assets from Talisman for US$105m
Ivanhoe Energy Inc. (TSX:IE) has struck a deal with Talisman Energy Canada (TSX:TLM) to buy Talisman’s interests in three leases in the Athabasca oilsands. The price is [...]
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New Total well to come on stream before the end of 2008
Total yesterday said that the new well from the newly detected gas compartments in Maharaja Lela/Jamalulalam field that should come on stream before the end of 2008, but [...]
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Rio Tinto Alcan to accelerate pre-feasibility study for second phase of AP50 pilot plant in Saguenay, Quebec
Rio Tinto Alcan announced that it is going forward with an accelerated pre-feasibility study for two additional phases to the AP50 pilot plant for which preparatory work has [...]
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Origin Energy rejects BG’s US$13b takeover offer
Origin Energy Ltd, Australia’s biggest producer of natural gas from coal seams, rejected a higher, A$13.6 billion (US$13 billion) takeover offer from BG Group Plc, [...]
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Cavico Corp marks the official breakthrough of the Nam Chien 2 hydropower project tunnel
Cavico Corp (Cavico) today announced that Cavico Power and Resources, its wholly own subsidiary, has officially marked the tunnel breakthrough at Nam Chien 2 Hydropower [...]
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Iran ‘negotiating swap of Repsol, Shell gas projects’
Iran is negotiating with Spanish and British-Dutch energy giants to switch their gas exploration blocs with others due for later development, the oil minister was quoted on [...]
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Nabucco raises investment estimate to EU7.9 b
Nabucco, the OMV AG-led pipeline that would link western Europe to Central Asia, raised its estimate for construction costs by 58% to euro 7.9 billion (US$12.3 billion) [...]
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Pan African Mining Corp mails out information circular and proxies for special security holders meeting on June 25, 2008 to approve acquisition
Pan African Mining Corp announces that it has now mailed out the Information Circular and related Proxy Materials to its shareholders, warrantholders and optionholders for [...]
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Churchill energy announces Q1 results
Churchill Energy Inc. (“Churchill” or the “Company”) is pleased to report to shareholders the Company’s activities in the first quarter of 2008. [...]
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Second Vietnamese bird flu vaccine set for human tests
The Vaccine and Medical Biological Institute in Nha Trang City has asked the Ministry of Health to test its H5N 1 influenza vaccine on humans, after the vaccine worked [...]
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HIV/Aids victims get insurance cards
About 500 Vietnamese children living with HIV/Aids have received free insurance cards to mark International Children’s Day, which falls on Sunday. The move, made with [...]
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Teenager from Laos finds life as an illegal migrant too hard
A young illegal migrant from Laos surprised Chana Songkhram police when he asked them to arrest him, so he could return to his homeland. The 15-year-old migrant, identified [...]
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Indonesia withdraws from OPEC
Declining oil reserves and investment have forced Indonesia to quit the Organisation of Petroleum Exporting Countries even as other members cash in on soaring global prices, [...]
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