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Norway inks fisheries deal with UK ahead of Brexit

OSLO, Sept 30 (Reuters): Norway and Britain have reached a bilateral agreement on fisheries, the Norwegian government said on Wednesday, before Britain leaves the European Union's single market at the end of the year.The framework agreement, which takes effect on Jan. 1, will govern control measures, licences and research, and...

NOVOAIR offers winter holiday package

NOVOAIR, a private airlines of the country, has announced winter holiday package for travel to Cox's Bazar, Sylhet and Chattogram.The package includes air fare and hotel, hotel transfer at airport and breakfast on twin-share basis for two nights and three days.NOVOAIR has partnered with 19 leading private banks, enabling card...

Gold set for worst month in 4 yrs as dollar strengthens

BENGALURU, Sept 30 (Reuters): Gold fell on Wednesday and was on track for its biggest monthly decline in nearly four years, as the dollar benefited from caution that crept into financial markets after the first US presidential debate.Spot gold fell 0.7 per cent to $1,883.62 per ounce by 0944 GMT,...

Nigeria's pioneering gas flaring plan risks going down in flames

UGHELLI, Delta State, Nigeria, Sept 30 (Reuters): Jonah Gbemre often has no electricity, but he says his home is permanently lit at night by the flames of waste gas being "flared" near his home town in Nigeria's Delta State.Like Gbemre, nearly half of Nigerians have no stable power supply, yet...

Oil extends losses as rising virus cases spur demand worries

TOKYO/LONDON, Sept 30 (Reuters): Oil prices fell for a second day on Wednesday as rising coronavirus cases prompted concerns about further restrictions on global economic activity that could curb fuel demand.Brent crude LCOc1 for November delivery dropped 63 cents, or 1.56 per cent, to $40.40 per barrel by 1005 GMT....

Mittal commits to becoming carbon neutral by 2050

BRUSSELS, Sept 30 (Reuters): ArcelorMittal, the world's largest steelmaker, committed on Wednesday to being carbon neutral by 2050, although it said a level playing field with green border adjustments and abundant, affordable clean energy would be required to get there.The company, which makes around 5.0 per cent of the world's...

India extends deadline for bids to buy BPCL

NEW DELHI, Sept 30 (Reuters): India said on Wednesday it has extended the deadline for submitting initial bids to buy state-owned Bharat Petroleum Corp Ltd to Nov. 16."In view of further requests received from the interested bidders and the prevailing situation arising out of COVID-19 pandemic, the last date for...

Eni set to take over ndonesian deepwater project

JAKARTA, Sept 30 (Reuters): Italy's Eni is expected to take over the Indonesian Deepwater Development (IDD) project as operator Chevron sells its interest in the gas venture, the chairman of the country's upstream oil and gas regulator said on Wednesday.Chevron confirmed in January its plan to sell its 62 per...