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Iraq's oil ministry on Monday signed an initial deal with a consortium led by Italy's Eni SpA to develop a prized southern oil field, an agreement representing a key step forward in the country's obstacle-strewn road to revamp its dilapidated oil sector.
Tags: Iraqi, Develop Iraq, oil ministry, consortium led
China is the first major deal with foreign firms to be signed since an international auction in June...Iraq has the world's third largest oil reserves, but production lags behind potential due to a lack of investment. The country's total daily output...
Tags: Iraqi Cabinet, Iraq Approves BP, China Focus, China Securities Regulatory Commission, oil deals, Rumaila, oil field, Xinhua, consortium led, rumaila field
South African power utility Eskom has decided not to build a new nuclear power station because of the cost associated with such a plan. Eskom has stopped the commercial procurement process to select a preferred bidder to build South Africa's second nuclear...
Tags: Eskom Drops New, South Africa, nuclear powerment, Areva, Westinghouse, France, utility eskom, consortium led, nuclear plant, south african
Anil Ambani group company Reliance Energy on Wednesday outbid elder brother Mukesh's consortium to win the prestigious Rs 6,000-crore trans-harbour link project in Mumbai. Only Reliance Energy and a consortium led by Mukesh Ambani were in the fray
Tags: Mukesh Ambani, Anil Ambani, Navi Mumbai, Reliance Energy, Mumbai Trans-Harbour, Mumbai Trans Harbour Link, consortium led