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COPYRIGHT 2006 Asia Pulse Pty Ltd
An executive briefing on energy for May 31, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
INDIAN DRILL RIG FIRM ALCO EYES STAKE IN INDONESIA'S APEXINDO
JAKARTA - Aban Loyd Chiles Offshore Ltd (ALCO) (BSE:523204) is negotiating with shareholders to buy stake in oil and gas drilling company PT Apexindo Pratama Duta (JSX:APEX).
Negotiations are now underway with Asian Opportunities Fund I and CLSA Ltd, which offer to sell 32.152% stake in Apexindo, the newspaper Bisnis Indonesia reported today.
CHINA STUDYING SCHEME TO RAISE OIL RESOURCE TAX
BEIJING - Chinese government departments are studying a scheme to raise the oil resource tax and introduce a new extra-profit tax in response to the...
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