Archive for June 26th, 2010
New Papua tribe discovered
A tribe of hunter gatherers living in trees in the remote forests of Indonesia’s easternmost Papua region has been discovered for the first time by the country’s [...]
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Indonesia gov’t proposes ban on foreign ownership of property
The Indonesian government has proposed new rules to ban foreigners from owning property, but allow them to secure leaseholds of up to 70 years, local media reportedin Jakarta [...]
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Price for Newmont’s remaining 7% stake too high, says Bumi
PT Bumi Resources says it has not decided whether it will buy a further 7 percent stake in PT Newmont Nusa Tenggara (NNT), claiming the asking price is too high. Dileep [...]
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Global gas demand to rise 25 pct by 2020 -Shell exec
Global gas demand is still set to increase by one quarter by 2020, despite uncertainty about the recovery of industrial demand for the cleanest-burning hydrocarbon, a Royal [...]
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Thai coal miner Banpu happy with 19.9pc Centennial stake
Thailand’s biggest coal miner by revenue, says it has no immediate plans to buy an additional stake in Australia’s Centennial Coal. Chief executive Chanin [...]
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Indophil seeks new buyer after $545m mine sale snags
Indophil Resources is seeking a buyer for its stake in the Tampakan copper-gold project in the Philippines after China’s Zijin Mining Group abandoned a takeover bid for [...]
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Spex to drill Silangan-1 oil well
Shell Philippines Exploration B.V. (Spex) will start drilling the Silangan-1 oil well in Northeast Palawan next July, a government official said Wednesday. Energy [...]
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Shell exploration unit to start work in northeast Palawan
Royal Dutch Shell PLC’s local exploration unit, Shell Philippines Exploration B.V., will begin exploration in the northeastern side of Palawan next month, an official [...]
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Philippine upstream petroleum sector reviews oil spill safeguards
Amid the flurry of exploration activity in the Philippines, the country’s upstream petroleum sector on Thursday said they would synchronize their safety and [...]
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Red gives voice to social causes across Vietnam
Ho Chi Minh City – red | brand builders Vietnam, in partnership with VietnamMarcom, have sponsored and launched a Social Marketing Solutions Portal, socialmarketing.vn [...]
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Asian markets track Wall St fall
Asian stocks followed Wall Street lower yesterday Friday June 25 as concerns over the global economy returned, while China set the yuan at its strongest rate in five years a [...]
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Thai April fuel demand dips 0.06pct yr/yr
Demand for oil products in Thailand, excluding bitumen and liquefied petroleum gas, dropped 0.06 percent in April from a year earlier to 578,841 barrels per day, Energy [...]
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Shell eyes another gas treatment project
Shell Global Solutions (Shell GS), an oil and gas upstream technology provider and a subsidy of Royal Dutch Shell Plc., is seeking to double its presence in Indonesia by [...]
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Tindalo-1 well oil output tally now at 75000 barrels
Australia-based Nido Petroleum Ltd said on Thursday that it is working to determine the Tindalo-1 oil field’s potential oil reserves through continuous extended well [...]
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Suspected rebels torch mining facility in CamNorte
A building of a mining company in Labo town, Camarines Norte was burned by suspected members of the New People’s Army, the armed wing of the Communist Party of the [...]
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