State run India OIL Ltd has drawn up a war chest of over 1 billion US dollars, for acquiring a producing oilfield abroad and the company is trawling major oil-producing geographies, among which shale gas assets in Argentina, chairman N M Borah said last week.
Gibraltar Government is likely to have fuel services, including sullage plants of the type that caught fire last Tuesday and injured welders and cruise passengers, moved away from their current location.
The ranks of millionaires expanded by 12% in 2010, to about 12.5 million, led by Singapore, as gains in financial markets lifted global wealth for a second straight year, the Boston Consulting Group said.
The nationalist former Army officer Ollanta Humala claimed victory in Peru’s presidential election run-off as he clung to a lead of about 20,000 votes over Congresswoman Keiko Fujimori.
Brazilian President Dilma Rousseff was expected to consult her predecessor Lula da Silva before deciding whether to dismiss Cabinet Chief Antonio Palocci, who has come under scrutiny for consulting fees he earned while managing Rousseff’s election campaign, according to the Sao Paulo press.
The United States House of Representatives demanded that President Barack Obama clarify the US role in the conflict in Libya, but rejected an attempt to force him to end America's military involvement there.
Argentina’s oil corporation YPF signed a purchase option for 54.67% of the British Gas controlled GASA group that is the country’s largest distributor of gas. The purchase option expires August 31.
Southern Chile's Puyehue volcano was calm Sunday, one day after raining down ash and forcing thousands to flee, although the cloud of ash it had belched out still darkened skies as far away as neighbouring Argentina and was heading to the Atlantic coast.