Apache to supply 50 million cubic feet per day of gas through Argentina's Gas Plus ProgramOctober 5th, 2009 Apache to sell 50 mmcf/d through Argentina programHOUSTON — Oil and gas company Apache Corp. on Monday said it secured new contracts to supply 50 million cubic feet of natural gas per day through Argentina's Gas Plus Program.
Pfizer's $68 billion buyout of Wyeth gets clearance in China, still awaiting US clearanceSeptember 30th, 2009 Pfizer, Wyeth deal gets clearance in ChinaNEW YORK — Drug developer Pfizer Inc. said Tuesday China's ministry of commerce approved the company's $68 billion buyout of rival Wyeth.
Pfizer's $68 billion buyout of Wyeth gets clearance in Australia, still awaiting US clearanceSeptember 30th, 2009 Pfizer, Wyeth deal gets clearance in AustraliaNEW YORK — Drug developer Pfizer says the Australian Competition and Consumer Commission approved the company's $68 billion buyout of rival Wyeth. Pfizer will divest certain animal health assets in Australia, the New York-based company says.
Andhra Pradesh floats joint venture to enter oil and gas sectorAugust 19th, 2009 HYDERABAD - The Andhra Pradesh government has floated an exploration company to commercially tap the hydrocarbon resources in the Krishna-Godavari (KG) basin off its coast. The company, Andhra Pradesh Gas Infrastructure Corp (APGIC), has been set up on the lines of Gujarat State Petroleum Corp (GSPC), an oil and gas exploration and production company that operates across India and overseas.
Steel authority set to bag Chhattisgarh iron ore reserveAugust 12th, 2009 BHILAI - Steel Authority of India Ltd (SAIL) is set to bag a 2,028-hectare block in the Rowghat iron ore mine deposits in Chhattisgarh to feed its flagship unit, the Bhilai Steel Plant, as it has obtained the final clearance from the environment and forest ministry. "Bhilai Steel has obtained the final clearance from the ministry early this month for the Rowghat project," an official told IANS Wednesday, adding that company had been seeking the deposit since 1983.
Brigham shares jump 10 percent after analyst says company has larger than expected inventoryAugust 11th, 2009 Brigham shares jump 10 percentNEW YORK — Brigham Exploration Co. stock jumped more than 10 percent Tuesday after an analyst said the company's petroleum inventory could be significantly greater than expected because of new assessments of the company's wells in North Dakota.
Wells Fargo keeps quarterly dividend unchanged at 5 centsJuly 28th, 2009 Wells Fargo keeps quarterly dividend at 5 centsSAN FRANCISCO — Wells Fargo & Co. said it will pay a quarterly dividend of 5 cents per common share — unchanged from the previous quarter's payout, but less than one-sixth of the dividend the bank had been paying earlier.
Many projects will not need environmental clearance any moreJuly 20th, 2009 NEW DELHI - Many projects will no longer need environmental impact assessment (EIA) and clearance from the government, according to amendments to EIA rules proposed by the Ministry of Environment and Forests.
Environment Minister Jairam Ramesh informed parliament Monday that the proposals included:
* Threshold limits of construction projects (that require clearance) would be raised from 20,000 to 50,000 square metres
* Modernisation and expansion projects without increase in pollution load would be exempt from EIA provisions
* Prospecting of minerals would be exempt
* Biomass based power plans up to 50 MW would be exempt
Ramesh informed the Rajya Sabha in response to a question that the amendments envisaged more involvement of civil society groups in environmental clearance.
Suzlon's Gujarat wind power plant to be ready in SeptemberMay 26th, 2009 GANDHINAGAR - A 52 MW wind power plant that Suzlon Energy is executing for Gujarat State Petroleum Corp (GSPC) in Gujarat will be commissioned in September, a state government official said. "The work on the project site in the Kutch region has started.
Wells Fargo prices shares at $22 a share, boosting overall offering to $7.5BMay 9th, 2009 Wells Fargo prices stock offering at $7.5 billionSAN FRANCISCO — Wells Fargo says it is raising $7.5 billion through an offering of 341 million shares at $22 apiece, boosting the amount it previously said it would raise by $1.5 billion. The announcement comes a day after the U.S.
Wells Fargo announces plans for a $6 billion stock offering after stress test resultsMay 8th, 2009 Wells Fargo announces $6 billion stock offeringSAN FRANCISCO — Wells Fargo & Co. said Thursday it plans to offer $6 billion of common stock to the public.
Wells Fargo CEO sees 'rays of hope,' but not ready to predict when bank will repay taxpayersApril 28th, 2009 Wells Fargo CEO sees 'rays of hope' in economySAN FRANCISCO — Wells Fargo's CEO thinks the recession may be nearing an end, but still isn't feeling optimistic enough to set a timetable for repaying the $25 billion that U.S. taxpayers invested in the bank last fall.
RIL gas begins to flow from KG D-6 basinApril 2nd, 2009 NEW DELHI - Reliance India Ltd. (RIL) achieved a landmark in the history of oil and gas production when its deep-sea Krishna Godavari basin fields flowed to the surface on Thursday.
ONGC to start drilling wells in Gulf of KhambhatMarch 10th, 2009 SURAT - Oil and Natural Gas Corp (ONGC) will soon start drilling three exploration wells at a depth of 2,500 to 4,500 metres in the Gulf of Khambhat off northwest Gujarat, officials said. The company has got the clearance from the ministry of environment and forests Feb 22 to start drilling the wells in the CB-ONN-2004/1/2 blocks, they said.
GSPC, Schlumberger in strategic technical allianceJanuary 12th, 2009 AHMEDABAD - Gujarat State Petroleum Corporation (GSPC) and global oilfield and information service provider Schlumberger Tuesday announced a long-term strategic alliance. A memorandum of understanding (MoU) to this effect was signed here as part of the Vibrant Gujarat Global Investors' Summit.
Loading ...