Stena, Sonangol Launch Training Facility in Angola
The Centro De Formação Maritima De Angola (CFMA) was officially launched on August 27 by top management from Sonangol, the Angolan public sector energy company and the Stena Group of Sweden. The CFMA is a world class maritime training facility, the first of its kind in Angola and the most modern maritime campus in Africa. The campus will be an internationally recognized center of excellence, linked through Stena to leading maritime institutions in Europe and Asia in order to deliver marine education…
Petronet LNG Q2 net dips 10%
The company had a net profit of Rs 115.51 crore for the same quarter in FY'08, Petronet LNG said in a filing to the Bombay Stock Exchange. The total income of the company declined to Rs 1,654.92 crore for the quarter under review from Rs 1,670.50 crore in the year-ago period. For the six months ending September 30, the public sector energy firm registered a net decline of 6.4 per cent at Rs 209.01 crore against Rs 223.53 crore in the year-ago period. While the total income in six months rose to Rs 3,300.77 crore, from Rs 3,221.52 crore in the corresponding period last fiscal. (Source: TradingMarkets.com)