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Rising US, Iran tensions jeopardise Indian project

30th March 2017 The Indian government has asked domestic companies to exercise caution in proceeding with projects in Iran amid rising tension between the US and the Persian Gulf nation. Projects that may be impacted by the government advisory include the Farzad B offshore gasfield project proposed by ONGC... 

CIL grants fuel linkages in times of surplus

25th October 2016 Coal India Limited (CIL) has started granting short- and medium-term coal supply linkages to all thermal power plants stranded till now without assured dry fuel. With rising production and carrying high pit-head stocks, the miner has adopted a two-pronged strategy to bail-out all those power... 

India seeks to transform govt-owned companies into ‘resource majors’

9th September 2016 India is preparing a blueprint for the transformation of government-owned and -operated companies into "resource majors" with each straddling the entire chain of mining operations. Government has identified power generation major NTPC, Steel Authority of India Limited (SAIL), Hindustan Copper... 

Nalco To Become Nalco Water

23rd March 2016 Ecolab Inc., the global leader in water, hygiene and energy technologies and services, has changed the name of Nalco, its water and process services business, to Nalco Water. The new name more clearly communicates Nalco’s water management expertise as water scarcity is becoming a major global... 
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France sets up new nuclear company as part of restructuring process

The latest step in the restructuring of the French nuclear industry was announced on Thursday evening. Areva TA (responsible for propulsion and research reactors) has been separated from its parent company, Areva SA (Société Anonyme) and set up as an independent company in its own right. The new... 

Wesizwe completes platinum shaft development

JOHANNESBURG (miningweekly.com) – China-controlled South African mining company Wesizwe Platinum said on Thursday that it had completed 779 m of service shaft development in the 12 months to December 31. The Johannesburg Stock Exchange-listed company, with R455-million cash on hand as at... 
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