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Tag: failure
Renewal of Posco MoU held up on failure of - milestones'
2014-12-02 05:06:09| Steel - Topix.net
The government on Monday said the MoU with South Korean steel company Posco has not been renewed since the company has failed to achieve stipulated milestones in setting up its project in Orissa to qualify for renewal. But the company has hit back saying it cannot be held responsible for the same.
Tags: held
failure
renewal
milestones
VIDEO: 'This was a really serious failure'
2014-11-20 11:47:54| BBC News | Business | UK Edition
The Financial Conduct Authority (FCA) has fined the Royal Bank of Scotland (RBS) 56m after a software upgrade left millions of customers unable to access their accounts.
Equipment failure halts production at Nucor plant in Louisiana
2014-11-11 18:50:36| Steel - Topix.net
A Nucor Corp. plant in Louisiana has been shut down for more than a week, following an equipment failure at the site on Nov. 2. In a news release , the Charlotte-based steel manufacturer says it is still assessing the impact of what it calls "a major failure" of the process gas heater at the St. James Parish plant. No injuries or environmental harm occurred from the incident, the company says, and no other equipment was damaged at the direct reduced iron facility.
Tags: equipment
production
failure
plant
Tanzanian Officials Arrested For Failure to Publish Natural Gas Contract Details
2014-11-11 01:08:35| Oil & Gas - Topix.net
Two senior Tanzanian officials were arrested after they failed to produce details of multi-billion dollar natural gas extraction agreements signed with Statoil of Norway; the BG Group and Ophir from UK; and ExxonMobil from the U.S. Opposition politicians want assurances that the money will be spent in a transparent manner. James Andilile and Michael Mwanda, the chair and the acting director general of the Tanzania Petroleum Development Corporation respectively, were taken into custody on Tuesday for not meeting a deadline imposed by the Public Audits Committee to release details of the 26 production sharing agreements signed by the Tanzanian government.
Tags: details
natural
contract
gas
IPCC report warns governments on failure to check climate change
2014-11-03 05:06:33| Climate Ark Climate Change & Global Warming Newsfeed
Economic Times: The message from the Intergovernmental Panel on Climate Change (IPCC) is loud and unequivocal: the window of opportunity for the world to stave off the severe, pervasive and irreversible impacts of global warming is limited. In a report, the IPCC said climate change, resulting from human action-induced global warming, is not a problem of the future and many of its adverse effects are already and increasingly evident. The report released in Copenhagen on Sunday sends a clear message to governments...
Tags: report
check
change
failure
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