Business : Page 8

U.S. drillers cut oil and gas rigs

January 17, 2025 U.S. energy firms this week cut the number of oil and natural gas rigs, Baker Hughes said.

U.S. rig count dropped, Canada nice surprise

January 10, 2025 Oil rigs accounted for most of the sharp increase in the drilling rig count in Canada during the week ended January 10, Baker Hughes reported.

Massachusetts wins more than $102 million for transportation infrastructure projects

January 10, 2025 Massachusetts has won more than $102 million for transportation infrastructure projects under federal funding programs from the U.S. Department of Transportation.

Baker Hughes oil rig count unchanged at 589, Canadian down

January 3, 2025 Baker Hughes rig count shows oil rigs stable, total count at 589.

Indonesia starts implementing 12 pct VAT on luxury goods, services

January 3, 2025 Indonesia on Wednesday started to impose a 12 percent value-added tax (VAT) on luxury goods and services, a 1 percent hike.

Egyptians start paying taxes on imported mobiles

January 3, 2025 Egypt\'s new tax on mobile phones coming from abroad aims to curb the widespread smuggling of mobile phones into the country.

Baker Hughes says U.S. oil rig count stays unchanged at 483, in Canada rigs dropped by 71 to 95

December 27, 2024 The number of oil rigs in the United States stood at 483 in the week ending December 27, unchanged from the week prior, according to the Baker Hughes weekly rig count.

Gas pipeline project to China via Kazakhstan now underway

December 27, 2024 The project to build a gas pipeline project from Russia to China via Kazakhstan is underway, Russian Deputy Prime Minister Alexander Novak said in an interview with the Rossiya-24 TV channel.

China set to build world's largest dam in Tibet

December 27, 2024 China will construct the world’s largest hydropower dam in the southern Tibet region, state media reported.

Cyprus receives €100 million EIB loan for extensive road upgrades

December 27, 2024 The European Investment Bank (EIB) is lending Cyprus €100 million for a range of road improvements in the country.

Number of U.S. oil rigs stayed same again

December 20, 2024 The total number of active drilling rigs for oil and gas in the United States stayed the same again this week, according to new data that Baker Hughes published on Friday, after seeing no change in the week prior.

EU companies top U.S. and China counterparts in R&D investment growth, breaking decade-long trend

December 20, 2024 Europe\'s industry has increased its investment in research and development (R&D) by 9.8% in 2023, surpassing the growth of corporate R&D investment in the US (+5.9%) and China (+9.6%) for the first time since 2013, according to the new edition of the EU Industrial R&D Investment Scoreboard.