Australia Gets $320 Million Boost to Offshore Exploration

Australian Resources Minister Ian Macfarlane today announced seven new permits for petroleum exploration in Commonwealth waters, resulting in a multi-million dollar boost to offshore exploration investment.
“The new permits in Commonwealth

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Rio Prediction Of Negotiation The Price Of Iron Ore Will Increase

Mining giant Rio Tinto Ltd says annual iron ore price negotiations with its customers will become increasingly harder as it moves away from selling the valuable commodity under long term

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Major Drilling Announces Completion of Purchase of African Drilling Operation

Major Drilling Group International Inc. (TSX: MDI – News) is pleased to announce that, through its wholly owned subsidiaries, it has completed the purchase of the drilling assets of the

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Thailand Awards Two Petroleum Concessions For Offshore Blocks

Thailand’s Energy Ministry on Tuesday awarded petroleum concession rights to two consortiums, allowing them to explore petroleum blocks in the Gulf of Thailand and the Andaman Sea.
PTTEP Offshore Investment received

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Montana Refining Co. Is Accused of Violating Limits on Release of Sulfur Dioxide

State environmental regulators are accusing the Montana Refining Co. here of violating limits on the release of sulfur dioxide.
The state Department of Environmental Quality contends the refinery violated Montana’s Clean

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