Iran stops oil exports to Britain, France
Tweet Tehran: Iran’s oil ministry announced Sunday that it has stopped oil exports to Britain and France. The announcement comes after the oil minister said earlier that Iran might halt its oil exports to some European Union (EU) countries. “We have our own oil customers and the replacements for these companies have already been considered [...]
Tweet Quito: Ecuador has signed contracts for $1.7 billion in investment – the biggest to date in the country’s oil sector – to boost output at a pair of mature Amazon fields. Non-Renewable Natural Resources Minister Wilson Pastor, speaking at a signing ceremony at the presidential palace in Quito, described the fields as Ecuador’s “crown [...]
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Tweet Mexico City: Mexico set a new auto production record of 2.55 million cars and light trucks in 2011, a 13.1 percent increase compared to the previous year, an auto industry association said Wednesday. The previous record of 2.26 million units had been set in 2010. Last year's auto exports came in at 2.14 million [...]
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Tweet Kuwait City: Investment in the petrochemical sector in the Gulf region would go up to $160 billion in the next five years, an energy report has revealed. The report issued by the Diplomatic Centre for Strategic Studies said the new investments would increase the petrochemicals output of member-states of the Gulf Cooperation Council (GCC) [...]
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Tweet La Paz; Repsol CEO Antonio Brufau told Bolivian President Evo Morales that the Spanish energy giant plans to invest $640 million in operations in this Andean nation for the 2010-14 period, the company said in a statement. Brufau and Morales visited the Margarita natural gas field in the southern province of Tarija, where a [...]
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Tweet Washington: British oil giant BP has agreed to sell its Pompano and Mica oil fields in the Gulf of Mexico to Stone Energy Offshore, a subsidiary of Stone Energy Corp, for $204 million in cash, the British company said. The agreement includes the sale of BP's 75 percent operated working interest in the Pompano [...]
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Tweet Washington: Automobile giant Toyota Motor Corp. has said it was recalling about 550,000 vehicles worldwide, including 420,000 in the US, for a potential steering problem. In the US, the automaker was recalling 283,200 Toyota brand cars, including the 2004 and 2005 Camry, Highlander, Sienna and Solara, the 2004 Avalon and the 2006 Highlander HV. [...]
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Tweet London: Social networking website Facebook has said it prevents at least 600,000 attempts every day by hackers trying to break into user accounts, using stolen usernames and passwords. Facebook has an estimated 800 million users and receives over a billion login attempts every day, the Daily Mail said. The hackers try to steal user [...]
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Tweet Rio De Janeiro: Brazil would invest 214 billion reals ($122 billion) to build hydroelectric, solar and wind power projects in the next decade. "The hydroelectric energy is of great importance to Brazil, and yet, the country uses only a third of its potential," Brazilian Mines and Energy Minister Edison Lobao said Tuesday during a [...]
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Tweet Seoul: Samsung Electronics Monday said it would seek sales ban on Apple's iPhone 4S in Japan and Australia following similar motions in France and Italy. "Samsung Electronics today filed preliminary injunction motions in the Tokyo District Court, Japan and in the New South Wales Registry, Australia, requesting the courts to stop the sale of [...]
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