| Some of these won't work | 21-OCT-09 |
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| China/Africa: Chinese growing investment in sub-Saharan Africa is both a huge global development and a short-term bubble. Both sides will benefit, but there may need to be some pain first. In 2008, China’s $106.8 billion bilateral trade with sub-Saharan Africa made it the region’s largest trading partner, surpassing the US’s $104.6 billion. The Africa-China trade is close to balanced, while Africa’s exports to the US, mostly raw materials, are worth five times as much as its imports. |
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| ONGC hires drill rig from RIL for 4 yrs | 24-JUL-09 |
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| State-run Oil and Natural Gas Corp (ONGC) has hired an ultra deep-sea drill rig from Reliance Industries (RIL) for four years at close to Rs 3,915 crore. |
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| Repsol's last tango | 04-JUL-09 |
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| Repsol/China: The Chinese are pushing the envelope on oil. In Iraq, China’s Sinopec last month agreed to pay top dollar for Addax Petroleum, a big player in Iraqi Kurdistan. Then CNPC, along with oil major BP, capitulated to Iraq's tough terms to secure the only contract in an eight-field auction. Now, two of China’s biggest oil firms, CNPC and CNOOC, are reportedly discussing a possible deal to buy Repsol’s assets in Argentina for $17 billion. |
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| Cnooc leads Asia surge | 06-JUN-07 |
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| Asian stocks climbed, sending a regional benchmark to a record, after crude-oil prices traded near a two-week high and HSBC Holdings raised its targets for Cnooc and PetroChina Cos shares.
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| L&T in talks to acquire stake in Chinese firm | 21-APR-06 |
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| Engineering and construction major Larsen & Tourbo (L&T) has initiated talks with two Chinese petroleum engineering companies for a strategic alliance. Sources close to the development said |
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| Sauce for the gander | 13-MAR-06 |
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| After the Opium Wars of the mid-19th century had laid them low, the Chinese developed a saying. Fear not the sun, fear not the moon; fear the foreign devil who speaks English. Well, now that |
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| GAIL in pacts with China oil cos | 13-JAN-06 |
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| GAIL (India) Ltd today signed three sweeping memoranda of understanding with as many Chinese companies in the energy sector in both countries, as well as for overseas assets, signalling a new era in |
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| OVL may get nod for $2-bn Nigeria venture | 15-DEC-05 |
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| The Cabinet Committee on Economic Affairs (CCEA) will tomorrow consider a proposal of ONGC Videsh Ltd to buy 45 per cent stake in a Nigerian oil and gas field for $2 billion. It may also clear Air |
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| Shourie scare | 27-FEB-04 |
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| At the IPCL roadshow in Mumbai last week, Disinvestment Minister Arun Shourie confidently declared that the government had full confidence in the market and the market had full faith in the government |
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