Do More With Reuters
Partner Services

Angola unlikely to open new oil licence tender

Mon Jun 29, 2009 9:20pm IST
 
Email | Print | | Single Page
[-] Text [+]

LUANDA, June 29 (Reuters) - Angola is unlikely to open a tender for new oil exploration licences in 2009 due to low oil prices, a board member for state-run oil firm Sonangol said on Monday.

The last tender for oil licences was suspended in the first half of 2008 before the country's first parliamentary election.

"It is unlikely to happen this year, not with oil prices at these levels," Fernando Roberto told journalists. (Reporting by Henrique Almeida)

Britain's Prime Minister Gordon Brown speaks, as finance minister Alistair Darling listens at the G20 Finance Ministers meeting in St. Andrews, Scotland. REUTERS/POOL New
UK joins G20 push for world levy on banks

Britain threw its weight behind proposals to impose a global levy on banks to fund future bailouts and called on the G20 to work toward a $100 billion deal to meet the cost of climate change.  Full Article | Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

column

Nipun Mehta
Nipun Mehta, SG Private Banking
India - planning the road to recovery

There needs to be an acceptable balance created between education & healthcare and infrastructure spend.  Full Article 

SHOWCASE

Robot Asimo

Snapshots of Honda Motor's humanoid robot Asimo  Slideshow 

 
Marketing Strategy
Marketing Strategy

Companies are now using direct marketing methods to sell their products.  Full Article 

 
Out of Woods?
Out of the Woods?

Analysis - CIT's bankruptcy exit fraught with uncertainty  Full Article 

 
Exit Plans
Exit Plans

Factbox - Stimulus exit plans for Asia-Pacific's big 5 economies  Full Article