Recent Posts

Rio Oil And Gas Expo Theme From Oil To Biofuel: Integrating Knowledge And Expanding The Boundaries

Wednesday, September 8th, 2010

Largest Petroleum and gas Event on September 13th-16th in Southern Hemisphere, Riocentro, in Rio Janeiro. It is expected that 40 thousand visitors will pass through the event during the four days it will be taking place. All five pavilions at the convention center will be occupied, as well as an additional area in tents, provided [...]

Relience Power and Natural Resources Shareholders Aprove Merger with Anil Dhirubhai Ambani Group

Wednesday, September 8th, 2010

Reliance Power and Reliance Natural Resources shareholders have approved the merger of the two Anil Dhirubhai Ambani Group (ADAG) companies in a $11 billion all-stock deal. The conversion rate is four shares of Reliance Natural for every Reliance Power share. The exchange ratio was based on the valuation made by global consultancy firm KPMG. Merged [...]

Oil Worker United State Industry Protest New Deepwater Drilling Gulf

Tuesday, September 7th, 2010

United State oil industry workers to protest lift the moratorium on new deepwater drilling in the Gulf of Mexico and head off new taxes and punitive measures in the wake of the Deepwater Horizon spill. Workers said they were concerned that the longer the moratorium went on the more jobs would be lost. Brenda Barnard, [...]