Business News Archive - October 16, 2008

Research and Markets (http://www.researchandmarkets.com/research/efd989/indian_coal_indust) has announced the addition of the "Indian Coal Industry" report to their offering. India is the third-largest producer and consumer of coal in the world.

Research and Markets (http://www.researchandmarkets.com/research/48a3aa/china_toy_market_r) has announced the addition of the "China Toy Market Report, 2007-2008" report to their offering.

Neste Oil will publish financial reports in 2009 as follows: Financial Statements for fiscal 2008, 5 February 2009 Interim Report January - March 2009, 28 April 2009 Interim Report January - June 2009, 30 July 2009 Interim Report January - September 2009, 29 October 2009 The Annual Report 2008 will be published in the week beginning 2 February 2009.

Russia-based vertically integrated oil company TNK-BP has commenced deliveries of crude oil produced at the Verkhnechonskoye field to the East Siberia-Pacific Ocean Pipeline. TNK-BP and Rosneft are the major shareholders of Verkhnechonskneftegaz (VCNG), the operator of the project.

AGL Energy, an integrated energy company, has appointed Les Hosking as a non-executive director to its board, effective November 1, 2008.

Interline Resources, which owns 75% stake in NorthCut Refining, has announced that the refinery has begun operations. The refinery is located 20 miles north of Douglas, Wyoming in the Powder River Basin.

Sociedade Nacional de Combustiveis de Angola and BP Exploration have announced the Dione oil discovery in ultra-deepwater Block 31, offshore Angola.

Iberdrola Group has reported a power production of 106.44 billion kWh for the first nine months of 2008, a 22.7% increase compared to the same period of 2007.