TOKYO,: The operator of Japan’s crippled Fukushima nuclear power station said Wednesday it plans to buy 800,000 tonnes of light liquefied natural gas (LNG) annually from the United States as it looks to cut its fuel bills.Tokyo Electric Power (TEPCO) said it had agreed to buy 400,000 tonnes a year from Mitsui & Co trading house, and was in f
TOKYO: Honda on Wednesday announced plans to spend about $644 million on building a new car plant in Thailand and expanding an existing factory as part of its bid to boost production in the country. Japan’s third largest automaker said that its Thai subsidiary would build the new factory in Prachinburi province, about 120 kilometres (74 miles) e
London: Lamprell PLC (LAM.LN), a provider of engineering and contracting services to the energy industry, Wednesday announced a second contract award from the Jindal Group to build an outfitted and equipped mobile offshore drilling platform. Contract awarded by Jindal group unit Dev Drilling Pte Ltd
LeTourneau-designed rig will be of a Super 116E
TOKYO: Japanese automaker Suzuki said Wednesday it will resume production in Myanmar, the latest in a push by Asia’s second-biggest economy to tap the once-isolated state.Small-vehicle producer Suzuki, which has seen huge success in India with its Maruti Suzuki unit, said it will invest about $7.0 million to restart its wholly-owned Suzuki (
LONDON:The Bank of England is set to freeze its key interest rate at a record-low 0.50 per cent at a meeting Thursday, when its incoming governor appears before parliament for the first time.
The BoE, which will be led by Canadian central bank chief Mark Carney from July, will give an update of its monetary policy following a two-day meeting and
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