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Showing posts from December, 2011

HAPPY NEW YEAR

Iran test fires long-range missiles

TEHRAN: Iran test-fired long range missiles on Saturday during a naval exercise in the Gulf, the semi-official Fars news agency said, following a threat by Tehran to close shipping lanes if the West imposes sanctions on its oil exports.Another Iranian news agency also reported that Tehran's nuclear negotiator would write to the European Union offering to resume nuclear talks with major powers.Ten-day naval drill in the Gulf began last week as Iran showed its resolve to counter any attack by enemies such as Israel or the United States.


"Iran test-fired missiles including long range (missiles), surface to sea, in the Persian Gulf," Fars said on Saturday.Tehran threatened on Tuesday to stop the flow of oil through the Strait of Hormuz if it became the target of an oil embargo over its nuclear ambitions, a move that could trigger military conflict with countries dependent on Gulf oil.Tensions with the West have risen since the UN nuclear watchdog reported on Nov.…

LAUNCHES ONLINE AGENT TRAINING & CERTIFICATION PROGRAM

LAUNCHES ONLINE AGENT TRAINING & CERTIFICATION PROGRAM TOURISM AUTHORITY OF THAILAND LAUNCHES ONLINE AGENT TRAINING CERTIFICATION PROGRAM-A TARGET OF 1,500 AGENTS FOR 2012
Mumbai, 29th December 2011:  The Tourism Authority of Thailand, Mumbai has announced the launch of its online travel trade training & certification program. The ambitious program will aim to train and certify 1,500 tour operators and agents on a pan India basis over 12 calendar months beginning January 2012. Commenting on the planned launch, Mr. Sethaphan Buddhani, Director, Tourism Authority of Thailand said, "The program has been branded as the ‘Amazing Thailand Champion Agents’ and would enable travel agents & tour operators to familiarize themselves with various wonders of Thailand such as heritage, culture, cuisine in addition to other aspects such as wellness, adventure and leisure opportunities for their clients. We will also highlight various destinations within Thailand that will provide…

Important Initiatives in Oil and Gas Sector

Important Initiatives in Oil and Gas Sector
Year End Review - 2011


The Year 2011 has been marked by significant developments in the Oil and Gas sector as the Ministry of Petroleum and Natural Gas took several important initiatives for the growth of the sector. Some of these include approvals for induction of new partners in upstream-projects, commissioning Bina Refinery, bidding for NELP-IX blocks and acquisition of 25% equity stake by OVL in Satpayev block in Kazakhstan.The prices of sensitive petroleum products i.e. Diesel, domestic LPG and PDS Kerosene were maintained at affordable levels by substantial duty cuts, Government’s cash assistance to OMCs and contribution of upstream PSUs.
Exploration and production
To give a boost to domestic exploration & production efforts, bidding process for exploration blocks under Ninth Round of New exploration Licensing Policy (NELP-IX) was completed with a number of Indian and Foreign oil companies bidding for these blocks. The decision on …