Latest news with #INA
Yahoo
10 hours ago
- Business
- Yahoo
Energean and INA announce FID for Irena gas field in Croatia
UK-based Energean, in partnership with INA – INDUSTRIJA NAFTE, has announced the final investment decision (FID) to develop the Irena gas field offshore Croatia. The Irena field is part of the Izabela concession, operated by Edina, a joint venture (JV) equally owned by Energean and INA, a Croatian oil and gas company. Its development plan includes a single platform tied-back to existing infrastructure at the Izabela field. Energean holds a 70% working interest in the concession, which is located in shallow waters at a depth of approximately 45m. The field's P50 reserves are estimated at around 30.5 billion cubic feet gross, equivalent to 5.4 million barrels of oil equivalent. Energean Croatia country manager Francesco Federici said: 'We are thrilled to move forward with the development of the Irena gas field. This FID underscores Energean's commitment to advancing natural resource development in Croatia and the wider Adriatic region. 'This is a strategic investment, and we extend our gratitude to our partner, INA, for their fruitful collaboration over the years and look forward to continued success together.' INA operating director of exploration and production Josip Bubnić added: 'The decision to invest in the development of the Irena gas field is another important step in advancing our strategy of strengthening domestic oil and gas production and ensuring Croatia's long-term energy security. 'We are investing with a clear vision – to enhance energy supply security and maintain our leadership position in the region.' The total estimated capital expenditure for the Irena project stands at €71m ($81.2m), with Energean's share amounting to €50m (£43.23m), reflecting its 70% working interest. Energean's net entitlement gas will be sold under its long-term gas sales agreement with INA. The Irena gas field is expected to commence production in the first half of 2027, with peak production forecast at between eight and ten million standard cubic feet per day gross, equivalent to 1,400–1,700 barrels of oil equivalent per day. "Energean and INA announce FID for Irena gas field in Croatia " was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Iraqi News
a day ago
- Business
- Iraqi News
Iraq's poverty rate declines to 10.8%
Baghdad ( – The Iraqi Minister of Planning, Mohammed Ali Tamim, revealed on Wednesday that the poverty rate in Iraq has dropped to 10.8 percent between 2018 and 2024. During a conference held to discuss a report on poverty, Tamim explained that the study directly contributes to identifying fundamental requirements and increasing individuals' standards of living across the country based on the priorities it highlights, the state-run news agency (INA) reported. The government seeks to carry out programs to continue lowering the poverty rate, according to Tamim. The spokesperson for the Iraqi Ministry of Planning, Abdul Zahra al-Hindawi, said earlier that the decrease in poverty levels in Iraq is an outcome of the government's initiatives over the last several years, which included upgrading the social security network, strengthening the ration card system, and providing services to disadvantaged communities. As part of its efforts to reduce poverty, the government has supported the education sector by providing monthly grants to families with children at different educational stages, resulting in the enrollment of a large number of children from low-income families in schools. The Planning Ministry will soon unveil a fresh national strategy to tackle poverty in Iraq between 2026 and 2030. The strategy consists of policies and key measures aimed at improving the poor's living conditions in housing, health, education, income, and food security, as well as addressing climate change, assisting vulnerable groups, and empowering women.
Iraq Business
2 days ago
- Business
- Iraq Business
Iraq Sets Conditions for Reopening Applications for Bismayah Housing Units
By John Lee. The National Investment Commission (NIC) has reportedly announced that applications for housing units in the Bismayah Residential Project will reopen only after the resumption of work by South Korea's Hanwha Engineering & Construction, the company contracted to complete an additional 70,000 housing units under a new phase of the project. NIC spokesperson Hanan Jasem told the state-run Iraqi News Agency (INA) that three conditions must be met before applications can be accepted again: A full review of the existing digital application platform. Exclusion of applicants under the legal age or over 60 years old. Ensuring no duplicate applications from individuals within the same family, in accordance with public bank lending rules. Jasem confirmed that around 70,000 Iraqis had already applied via the "Ur" government platform. She added that the Bismayah complex has a total planned capacity of approximately 100,000 units, intended to house around 600,000 people. According to the INA article, Hanwha has completed about 30,000 units to date, of which roughly 21,000 have been officially handed over to the Commission and distributed to eligible citizens. (Source: INA)
India.com
3 days ago
- India.com
Meet India's first female spy who worked for this famous freedom fighter, she killed her husband because..., after independence...
(Representational image/AI generated) New Delhi: When it comes to Netaji Subhash Chandra Bose's Azad Hind Fauj (INA), often along with the male leaders, the names of such female heroes are also taken, who not only picked up the gun but also gave sleepless nights to the British by doing secret missions. Born on 5 March 1902 in a reputed business family of Uttar Pradesh, Neera Arya was married to a British loyal police officer Shrikant Jaiswal. Shrikant was working against Netaji Subhash Chandra Bose, but the flame of patriotism in Neera's heart gave her the strength to go against her husband and fight for independence. Why did she kill her husband? When Neera came to know that her husband had received an order from the British government to kill Netaji, she took a bold decision and killed her husband and foiled the British plan. This incident shows not only her courage but also her unwavering loyalty to the country. After this incident, Neera Arya joined the women's wing of Azad Hind Fauj, 'Jhansi Ki Rani Regiment'. Why did she become a spy? Instead of being a soldier, she chose the dangerous job of a spy who used to go to different areas and collect information about the activities of the British army and inform the INA about it. Her mission was to keep Netaji's identity and location secret and send the information obtained from spying through secret communication. When she was tortured! During a mission, Neera Arya was arrested by the British government and was accused of killing her husband. She was given inhuman torture in jail. Her chest was branded with hot iron bars, but she did not say a word about INA or Netaji. When she was asked about Netaji's whereabouts, she said, 'I don't know about Netaji, but my duty is to save the country more than my life.' What happened to her after independence? After independence, Neera Arya was forgotten. Neither did she get a place in any government recognition, nor any respect. It is said that she lived a very simple life after independence and used to make a living by selling flowers on the streets of Delhi. Despite this, she never broke down and continued to live a very simple life and at one time used to make a living by selling flowers on the streets of Delhi. However, for Neera, her sacrifice never needed any respect.
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Business Standard
3 days ago
- Politics
- Business Standard
The Trial That Shook Britain: How a court-martial led to India's freedom
The tactical contradictions that doomed earlier revolutionary movements found their dramatic resolution in Bose's audacious gamble with the INA Amritesh Mukherjee Mumbai Listen to This Article The Trial that Shook Britain: How a Court Martial Hastened Acceptance of Indian Independence By Ashis Ray Published by Routledge India 176 pages ₹1,295 Time moves differently in certain moments of history. In early 1945, the future seemed to stretch endlessly before British India. As the empire celebrated victory over fascism abroad, it continued to imprison freedom fighters at home. Bloodied but victorious, it seemed as permanent as the monsoons. Complete independence — purna swaraj —remained exactly what it had always been: Tomorrow's promise, next year's possibility, next decade's dream. What happened in the next few months, then, that Indian freedom would
