You have searched for "oil royalties"
Showing 1-10 of 20
LA PAZ (AP) - President Evo Morales ordered soldiers to occupy Bolivia's natural gas fields Monday and threatened to evict foreign companies unless they give Bolivia control over the entire chain of production.
Standard Chartered Bank (StanChart) expects Bank Negara to cut its key interest rate, or overnight policy rate (OPR), by 25 basis points in the third quarter of next year.
Standard Chartered Bank expects the Malaysian overnight policy rate (OPR) to be cut in the second half of 2007 if the inflation rate is below 3%.
The country's first state-established sovereign wealth fund, Terengganu Investment Authority (TIA), with an initial fund of RM11bil, has identified several high-impact investment projects in the tourism, energy and agriculture sectors in the state and around the country.
IT ought to be one of the country's greatest paradoxes - that oil and gas rich state Terengganu is one of the country's poorest states. And the main culprit is without a doubt the political wrangling over the state's major lifeline - oil royalties - and the cloak of uncertainty over its disbursement and utilisation.
WHEN the Terengganu Investment Authority (TIA) was set up with its much-touted air-tight governance structure, no one doubted that the biggest test to its paper-perfect concept would be in its execution. What we weren't prepared for was how soon that test would come. Rhetoric, meet reality.
RIO DE JANEIRO (Reuters) - Brazil's government slapped Chevron with a $28 million (17 million pounds) fine on Monday for causing an offshore oil spill, and the penalty could rise as the U.S. company faces a political backlash over the accident.