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Petroleum / Mining in Japan

  • Japanese oil company to explore Uruguayan offshore platform

    JAPAN, 2013/05/31 In statements to El Observador, ANCAP’s exploration and production manager Hector Santa Ana stated that both companies have by presently drafted a farm out (transfer of rights) for ANCAP’s approval. Santa Ana said that this type of transaction (the sale of part of the blocks) was within the possibilities outlined in the arrangement the Uruguayan National signed with the four companies operating the eight blocks of the Uruguay Ronda II, albeit within certain limits. Each company may divest up to a maximum of 30% of its stake in the block, but cannot forsake its major operator status in its assigned area.
  • Foreign minister Koichiro Gemba

    JAPAN, 2012/12/31 Japan has offered financial aid to central Asian nations to help develop natural gas and rare earths, NHK World reported citing country’s foreign minister Koichiro Gemba.
  • Opec sees negative Japan growth

    JAPAN, 2011/04/17 WASHINGTON - THE oil cartel Opec estimate on Saturday negative increase in Japan this year next the March 11 earthquake disaster, but IMF economists said amount depends on the restoration of power supplies. 'The recent tragic events in Japan are having a strong impact on the country's economic increase,' said Hasan Qabazard, economist for the Organization of the Petroleum Exporting Nations.