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Total acquires stake in UK shale gas licences

2014-01-14 01:00:00| Hydrocarbons Technology

France-based oil and gas corporation Total has acquired a 40% stake in two shale gas exploration licences in the UK.

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China awards VO licences to 11 companies

2013-12-27 08:53:00| Telecompaper Headlines

(Telecompaper) E-commerce giant Alibaba is among 11 new companies authorised in China to start virtual operators, Dow Jones reports. China's telecom regulator said that it awarded licences to 11 private companies to run mobile telecommunications businesses based on services leased from China's three state-run carriers. The companies that won licenses include a subsidiary of Alibaba Group and rival Beijing Jingdong Century Trading Co, which runs the popular JD.com e-commerce service. JD.com will begin offering mobile communications services in the second quarter of next year and use new and existing customers "to help us become China's fourth-largest mobile carrier within five years," said JD.com Vice Chairman Zhao Guoqing. In its statement, the Ministry of Industry and Information Technology said the new plan would "stimulate competition" in the telecom industry and "provide users with more choices." The regulator said other companies could still apply for virtual telecom licenses.

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Greenland grants exploration and exploitation licences in the Arctic Greenland Sea to three consortia

2013-12-21 17:30:14| Green Car Congress

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Dana acquires licences worth $44m in North Sea

2013-12-17 01:00:00| Offshore Technology

UK-based oil and gas exploration firm Dana Petroleum has expanded its portfolio by acquiring equity in two licences in the Danish and German sectors of the Southern North Sea for around $44m.

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China issues TD-LTE licences

2013-12-05 02:02:00| Telecompaper Headlines

(Telecompaper) China Unicom, China Mobile, and China Telecom have received official TD-LTE mobile licences from the Ministry of Industry and Information Technology (MIIT). China Telecom and Unicom said they would apply for LTE FDD licences as soon as possible.

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