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Business: Page 4

Queensland tells gas industry to cough up more tax
QueenslandWednesday June 12, 2019 4:55AM ET
Gas companies in the Australian state of Queensland have been hit with an increased tax demand following the release of the state budget on Tuesday but some in the industry are unhappy, saying they already pay more than their fair share.
Largest LNG terminal in Nordics opens
Tornio's Roytta harbour LNGWednesday June 12, 2019 4:15AM ET
The biggest liquefied natural gas (LNG) terminal in the Nordic countries opened in Tornio, Northern Finland on Tuesday.
Chinese built power project to energize 300,000 Angolan homes
Angola electricityTuesday June 11, 2019 8:38AM ET
A power project in Angola undertaken by Chinese firm is expected to provide electricity to 300,000 households and benefit more than 2.5 million people.
Global tech investors look to London for international growth
London cityTuesday June 11, 2019 7:33AM ET
London is the top destination for international tech companies looking to expand or setup an operation outside of their own country, according to data, the first day of London Tech Week 2019, by London and Partners, the Mayor of London’s inward investment agency.
Rwanda reopens border post with Uganda to heavy cargo trucks for trial
Rwanda reopened Gatuna border postTuesday June 11, 2019 7:19AM ET
Rwanda reopened Gatuna border post, a main route linking Rwanda to neighboring Uganda, to heavy cargo trucks on Monday for trial operation, Rwanda Revenue Authority said in a statement.
Turkey: Mega dam Ilisu to submerge millenary city
HasankeyfMonday June 10, 2019 2:39PM ET
The process to fill up the basin of the maxi-dam Ilisu, in the Kurdish-majority south-eastern province has started.
Ghana now Africa's top gold producer
Asante Gold CorporationMonday June 10, 2019 2:38PM ET
Asante Gold Corporation notes that Ghana has overtaken South Africa as the largest gold producer in Africa, producing some 4.8 Moz in 2018 vs 4.2 Moz in South Africa, according to Bloomberg.
$350 million loan for highway in India’s Chhattisgarh State secured
Chhattisgarh State roadMonday June 10, 2019 9:46AM ET
A loan will help pay for a new highway project in India’s Chhattisgarh State.
Europe saved $8 billion on gas bill in 2018 says IEA
Fatih BirolMonday June 10, 2019 9:15AM ET
The Executive Director of the International Energy Agency said Europe saved US$8 billion on its natural gas bill last year because surging U.S. shale production and a shake-up in EU energy markets forced Russia to change its gas pricing mechanism.
Brazil will supply Argentina with German built submarines
SubmarinesMonday June 10, 2019 7:55AM ET
Brazil will be supplying the Argentine navy with four IKL German manufactured submarines, two at a time, which are in need of repair and refurbishment before they become operational, and also help with the training of personnel for the vessels.
Turkish defense industry boosts exports 37 percent
Turkish defense industry boostsMonday June 10, 2019 7:17AM ET
Turkey’s aviation and defense industry managed to boost its exports 37 percent on an annual basis in January-May while the country’s overall exports recorded a 5.37 percent increase in the same period, reported Anadolu Agency, which compiled data from the Turkish Exporters’ Assembly (TİM).
Balticconnector onshore pipeline welding work completed in Inkoo
Balticconnector onshore pipelineMonday June 10, 2019 7:05AM ET
Balticconnector’s onshore pipeline running from Pölans in Siuntio to Fjusö in Inkoo has been welded together and lowered in the excavated trench.
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