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Jindal Petroleum finds crude oil in Georgia; plans to invest in block development

2013-04-26 01:00:00| Hydrocarbons Technology

India-based Jindal Petroleum, a subsidiary of Jindal Steel and Power (JSPL), has discovered crude oil in one of its blocks in Georgia and has announced plans to invest an additional $100m for development.

Tags: development plans block oil

 

Trilantic, Riverstone Invest In New E&P Company

2013-04-24 16:50:00| OGI

Trail Ridge is a newly-formed oil and gas E&P company focused primarily in the Permian Basin in West Texas.

Tags: company invest riverstone

 
 

Australia to invest in China bonds

2013-04-24 10:34:38| BBC News | Business | UK Edition

Australia's central bank is planning to invest around 5% of its foreign currency reserves in Chinese government bonds, its deputy governor says.

Tags: china australia invest bonds

 

New South Wales to invest in rail maintenance facilities

2013-04-24 01:00:00| Railway Technology

The New South Wales (NSW) government in Australia has announced a plan to invest $60m to set up eight maintenance 'centres of excellence' for the state's rail network.

Tags: south facilities maintenance wales

 

BP to invest about $540 million in South Africa over next five years

2013-04-23 17:53:20| Oil & Gas - Topix.net

The upgrade will primarily be to comply with South Africa's proposed clean fuels requirements, group managing director Iain Conn said in a statement on Tuesday.

Tags: next years south five

 

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