Shell and BP Competing for Giant Oil Deal in Abu DhabiBy Jerin MathewSeptember 29,Nike Air Max 2014 Blue Orange Black Green, 2014 09:52 BSTBPLogoReutersBritish oil majors Royal Dutch Shell and BP are among international companies bidding to operate some of the biggest onshore oil fields in the United Arab Emirates (UAE).The Telegraph citing Suhail Al-Mazrouei, minister of energy for the UAE and a member of the Gulf state's powerful Supreme Petroleum Council, reported that the companies are under consideration, as the country looks to renew contracts to produce oil from onshore fields in Abu Dhabi."Shell and BP are amongst those companies that submitted bids,Womens Nike Air Max 2011 UK," Al Mazrouei was quoted as saying by the newspaper."We respect the long and historical relationship and investments they still have in the UAE. They have been legacy partners, and we hope they will have a chance and play a role in the future of the oil industry in Abu Dhabi."There were about 11 international companies competing for the oilfields. If the Shell or BP wins in the bid, it would a major triumph for British business in Abu Dhabi, which controls the world's sixth-largest petroleum reserves.RelatedBPDeepwater Verdict Undermines Confidence in 'Fair Resolution of Disputes' States UK GovernmentShell Speeds up Nigeria Oilfields $5bn Sell-Off PlansShell Profits Soar in 'Robust' Second QuarterThe companies appeared to have lost ground to Chinese rivals earlier.Both Shell and BP, among other international oil giants,UK Nike Air Max 2011 Black, are involved in UAE's onshore oil production for decades. They made agreements with the Abu Dhabi Company for Onshore Oil Operations to produce significant volumes of oil and gas in the region.However, these agreements, dating back to the dawn of Gulf oil production, expired in 2014, triggering a bidding war among international oil majors for the strategic oilfield assets.
Hong Kong Protests: Instagram 'Blocked in China'By Gianluca MezzofioreSeptember 29, 2014 10:30 BSTRiot police use pepper spray during a clash with protesters.(Tyrone Siu/Reuters)China has blocked the photo-sharing app Instagram as pro-democracy protests in Hong Kong spread despite police's attempt to disperse the crowd.The social networking app, owned by US-based Facebook, was no longer loading new posts from Beijing, Inner Mongolia, Heilongjiang and Yunnan provinces according to Internet censorship organisations such as Blocked in China.Instagram said that they are aware of reports and looking into it. Pictures of protesters carrying umbrellas, teargas fired by police and students wearing masks under the hashtags occupycentral have surpassed the 7,000 shares on the social media app.RelatedHong Kong's Hang Seng Falls 2% Amid Occupy Central ProtestsHong Kong Chief Executive Rubbishes Speculation over Chinese Army InterventionOccupy Hong Kong: Riot Police Fail to Disperse Democracy Protests With Tear Gas AttackHong Kong's Pro-Democracy Protesters and Police ClashHong Kong Riot Police Arrest Students Storming Government HQ During Pro-Democracy ProtestPolice and pro-democracy protesters clashed on Sunday with police using p