Petroleum industry
Willis Group Holdings, Ltd., has been awarded substantial new construction and marine cargo business with the Fujian Refining and Ethylene Project (FREP), a $4 billion equity joint venture in China. This strategic win capitalizes on the company's competitive advantage in China and marks a significant milestone in its
Petroleum industry
The planned $US3 billion ($A3.91 billion) Papua New Guinea to Australia gas pipeline project has taken a significant step forward with the announcement of a new tariff framework. The Australian Gas Light Company Ltd (AGL) and Malaysia's Petronas have welcomed the new regulatory and legislative framework for
Petroleum industry
Avolar Aerolineas, Mexico's first successful low-cost airline, has accelerated its expansion into several new markets with the assistance of Radixx International, its passenger reservations and management provider. Since its launch on September 16, 2005, Avolar has rapidly grown its operations, acquiring two additional Boeing 737 aircraft and planning
Energy industries
Axiom Energy, a renewable energy producer, plans to construct a 150 million litre per annum biodiesel manufacturing facility at the Geelong Port in Victoria. The facility will produce biofuel from animal fats and plant oils, with the potential to double production capacity in the future. Axiom's managing director,
Energy industries
Philippine House Speaker Jose de Venecia and his delegation have completed a successful visit to Spain, securing agreements on the development of alternative energy sources and tourism. De Venecia's meetings with senior leaders of Spain's ruling Socialist Party and Partido Popular have highlighted the country'
Energy industries
Iranian officials have sought to alleviate concerns over the safety of the country's Bushehr nuclear power plant, reassuring that it meets the highest international safety standards. Speaking to members of the Iran-Kuwait Parliamentary Friendship Group, Majlis Speaker Gholam Ali Haddad-Adel emphasized that Iran's nuclear activities are
Energy industries
As part of its effort to meet the country's rising power demand, Electricity of Vietnam (EVN) will receive a significant financial boost from a consortium of four domestic banks. EVN director general Dao Van Hung announced that the banks will provide a VND42 trillion (US$2.7 billion)
Energy industries
Taipei County's Kungliao township, home to the fourth nuclear power plant project, has seen a strong opposition from over 10 domestic environmental groups who expressed their concerns to President Chen Shui-bian, Premier Su Tseng-chang, and other high-ranking officials. The civic groups presented an eight-point proposal for a greener
Energy industries
South Korea's government has announced that public-sector services, including electricity, water, gas, and railways, will be excluded from upcoming free trade talks with the United States. The decision was made to comply with FTA regulations that exempt public services closely connected with national security. Mandatory public education and
Energy industries
Mumbai-based Larsen and Toubro Ltd has partnered with New Zealand's Provenco to supply advanced petrol station forecourt technology to Bharat Petroleum Corporation Ltd (BPCL). The collaboration aims to enhance the speed and quality of service at 77 BPCL petrol stations across India's northern and western regions.
Energy industries
Mumbai-headquartered engineering and construction major Larsen & Toubro Ltd (L&T) has secured a significant order from a Chinese power generation company, Datang International Power Generation Company Ltd, for the supply of critical gasification equipment. The contract, worth Rs 3,680 million (approximately US$82.4 million), is part
Petroleum industry
The World Bank is seeking a consultant to partner with the South Asia Forum for Infrastructure Regulation (SAFIR) in delivering an annual training program on regulation in the region. SAFIR, established in 1999, has over 30 regulatory agencies and research institutes from Bangladesh, Bhutan, India, Nepal, Pakistan, and Sri Lanka
