Sunday, April 24, 2011

Report: Myanmar set to ink int'l energy contracts

YANGON, Myanmar (AP) -- Myanmar's state oil firm is set to sign contracts with companies from China, Singapore and South Korea for oil and gas exploration, state media reported Saturday.

The state-run New Light of Myanmar newspaper noted the upcoming deals in a report on a "special projects implementation meeting" headed by President Thein Sein on Friday in the capital, Naypyitaw. The report cited Energy Minister Than Htay saying Myanmar will cooperate with foreign companies for oil and gas exploration.

The newspaper said Myanma Oil and Gas Enterprise will sign contracts with China's North Petro-Chem Corporation Ltd for onshore oil and gas exploration.

Saturday, April 23, 2011

4 missing after blast at Czech explosives plant

PRAGUE (AP) -- A huge nitroglycerine explosion occurred at a factory in the Czech Republic on Wednesday, leaving nine people injured and four missing, officials said.

The blast destroyed one building at the plant and smashed windows in a large area around the facility, which makes explosives for customers including the Czech military, said firefighter spokeswoman Vendula Horakova.

Rescue service spokeswoman Helena Skuligova said it was unlikely that the four missing plant employees could have survived the blast.