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Breaking News Fri, 3 Jul 2009
Repsol motor oil products, Wed, May. 06. 2009
(photo: WN / james)
China's CNPC, CNOOC square off for Repsol's YPF - sources
The Guardian
HONG KONG, July 3 (Reuters) - China National Offshore Oil Corp Ltd (CNOOC) and state-run China National Petroleum Corp (CNPC) are battling for approval to bid for the Argentinian unit of Spanish oil major Repsol, sources said on Friday, in a deal that could be worth around $17 billion. A deal would ...
Indonesia Minister of energy and miniral resources Purnomo Yusgiantoro, talks to reporters at the palace in Jakarta, Indonesia, Wednesday, Feb 22, 2006. Production at the world's largest gold and copper mine was suspended Wednesday after illegal miners blocked the road leading to the site in Indonesia's remote Papua province, a company spokesman said.
(photo: AP / Achmad Ibrahim)
Indonesia's first Tangguh LNG sent to South Korea
The Guardian
(Adds quote, details, background) JAKARTA, July 3 (Reuters) - The first delivery of liquefied natural gas (LNG) from the BP-led Tangguh project in Indonesia's Papua has started, Energy Minister Purnomo Yusgiantoro said on Friday. One LNG cargo from the $5 billion project was being delivered to South...
China's CNPC, CNOOC square off for Repsol's YPF - sources
The Guardian
HONG KONG, July 3 (Reuters) - China National Offshore Oil Corp Ltd (CNOOC) and state-run China National Petroleum Corp (CNPC) are battling for approval to bid for the Argentinian unit of Spanish oil major Repsol, sources said on Friday, in a deal tha...
Rivalry sends Trinidad in search of new LNG markets
The Gleaner
| Increased global competition by new and aggressive liquefied natural gas (LNG) market entrants is forcing Trinidad and Tobago to go hunting for new buyers, including Jamaica. | Energy companies, which see an uptick in rivalry for buyers in major ma...
Precious and base metals prospects uncertain as China grows and West contracts
Mineweb
LONDON -  | The strategic summary from the latest Asian Metals Monthly report from Fortis Bank and prepared by the VM Group in London comments on the fact that there is conflicting data and opinions as to whether the global recession has re...
Reputations on line as Japan pulls out stops to win rail contracts
The Times
| A global boom in infrastructure projects worth more than £200 billion has prompted Japan to launch its most expansive charm offensive in the international game of railway diplomacy. | From Washington to Ho Chi Minh City, via Delhi and Dubai, Japan ...
Pune airport, India
WN / Geeta
Airlines look at possibility of fare hike as fuel turns costlier again
The Times Of India
| 3 Jul 2009, 0219 hrs IST, TNN               Text: NEW DELHI: Exactly a fortnight after airlines hiked fuel surcharge by Rs 400, oil c...
Passengers - travellers at the Bangalore airport, India
WN / Geeta
Jet Air-Kingfisher pact finally takes off
The Times Of India
|               Text: MUMBAI: After an eight-month delay, the alliance between the country’s two largest private carriers, Jet Airways and...
2008-09 Ford FG G6E Turbo photographed in Australia
Creative Commons / Bidgee
Ford overtakes GM in June sales in Canada
CBC
| June sales at Ford of Canada jumped 25 per cent while sales at General Motors Canada fell 37 per cent, the companies said Thursday. | The results put Ford ahead of GM in total Ca...
Airlines look at possibility of fare hike as fuel turns costlier again
The Times Of India
| 3 Jul 2009, 0219 hrs IST, TNN               Text: NEW DELHI: Exactly a fortnight after airlines hiked fuel surcharge by Rs 400, oil companies on Tuesday yet again raised ATF (aviation turbine or jet fuel...
Jet Air-Kingfisher pact finally takes off
The Times Of India
|               Text: MUMBAI: After an eight-month delay, the alliance between the country’s two largest private carriers, Jet Airways and Kingfisher Airlines, finally took off on July 1. “To start with, bo...
There goes the first semester
The Daily Tribune
| ZOOMING IN | 07/03/2009 | The semester that ended two days ago was a very bad six-month period for this country, economically as well as politically. The economics was bad, and it was made worse by bad politics. All in all, it was a time when the n...
6 lakh jobs lost in 4 months
The Statesman
; SNS & PTI  | NEW DELHI, 2 JULY: More than 6,00,000 Indians, many employed in the gems and jewellery sector, lost jobs in just four months from October 2008 as the impact of the global economic crisis hit the country's shores. | About 5,00,000 peopl...
Linde gets $1b Borouge deal
Gulf News
| Abu Dhabi: Borouge (Abu Dhabi Polymers Company) said on Thursday it has awarded a $1.07 billion (Dh3.92 billion) contract to Germany's Linde Group for building a 1.5 million-tonne-a-year ethane cracker at Al Ruwais in Abu Dhabi. | Abdul Aziz Al Haj...
Stock Market
A man reacts as he watches a screen on the facade of the Bombay Stock Exchange in Mumbai, India, Friday March 13, 2009.
(photo: AP / Rajanish Kakade)
Sensex falls over 150 points after weak global cues
The Times Of India
| 3 Jul 2009, 1033 hrs IST, PTI               Text: MUMBAI: The Bombay Stock Exchange benchmark Sensex fell by over 150 points in the opening trade on Friday on heavy selling by funds in heavyweight stocks amid weak Asian stock markets. | The 30-share index was quoted at 14,499.74 points, a loss of 158.7...
Economy
The Union Finance & External Affairs Minister, Shri Pranab Mukherjee addressing at the flagging off ceremony of  Kolkata-Murshidabad Hazarduari Express, in Kolkata on February 07, 2009.
(photo: PIB of India)
Include Inclusion in this All-Inclusive Budget
Wall Street Journal
By PAUL BECKETT | Perhaps, like me, you already have budget fatigue. | I look forward to watching Finance Minister Pranab Mukherjee bust out some of his fanciest political dance moves on the floor of Parliament as he tries to balance the massive weight of expectations with the fact that he has little room to maneuver because of the deficit. | Perha...



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