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Archive for November 8th, 2006

ONGC eyes 20 mn tonnes foreign oil by 2020

Indian Oil and Natural Gas Corp is stepping up its plans to acquire 20 million tonnes of foreign oil and oil equivalent gas production by 2020, an Oil Ministry report said on Wednesday.
ONGC's overseas investment arm, ONGC Videsh Ltd (OVL), produced about 6.62 million tonnes of oil and oil equivalent gas in 2005-06 from its [...]

Wednesday, November 8th, 2006

South Korea in talks with ONGC on storage, will expand

State-run Korea National Oil Corp. said on Wednesday it is in talks with ONGC to store crude from Russia's Sakhalin-1 field.
KNOC also plans to expand its storage capacity by about 20 percent to 146 million barrels by 2010, said executive vice-president Abraham K. Kim at an industry conference.

Wednesday, November 8th, 2006

Windstorm damages power lines on Sakhalin

The cyclone raging over Sakhalin and the Kuriles overnight damaged two electro-transmission lines, leaving 70 percent of the population in the city of Alexandrovsk-Sakhalinsky without electricity.
The electricity supply was partially halted in the city of Nevelsk, and it was cut to the settlements of Lesogorskoye, Boshnyakovo and Vostochny.
The ferry service in the Tatar Strait between [...]

Wednesday, November 8th, 2006

S Korean vessel captain fined in Sakhalin for illegal fishing

A Sakhalin court has ruled to fine a South Korean vessel captain for illegal fishing.
The fishing vessel EUN HAE was in the Russian zone on September 14, this year, at 00:10 Sakhalin time, a source at the Russian prosecutor-general's office said on Tuesday, citing the investigation materials.
Without permission for fishing in Russia's territory, the crew [...]

Wednesday, November 8th, 2006

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