Petroleum and Chemical Engineering Students of ITB : 1st Batch

Wednesday, January 19, 2011

Tell Ya Story Australian Photography Competition

For more information please got to Bass-Box

Saturday, January 1, 2011

BruONZ Summer Games (2011) is back!

Dear all

This coming BruONZ games, all states will go head to head based on points system gained from each event. At the end of tournament, the winning state will be presented a champion's trophy. The more teams/players per state, the better chance to win. So, come on Sydney! We look forward to see you in January!

To those who are interested to participate in any of the sport tournament below , you can discuss it in our BASS-BOX' Facebook group. All the events will be held in Brunei.

FUTSAL EVENT

Date: 23 January 2011, Sunday (9.00am-5.00pm)

Venue: UBD sports complex (indoor courts),

Tungku Link, Gadong

Registration Time: 9.00 am

Kick-off: 10.00 am
Registration Form: Please click here

NETBALL EVENT
Date: 21 January 2011, Friday (9.00pm-3.00pm)
Venue: UBD sports complex (indoor courts),

Tungku Link, Gadong

Registration Time: 9.00am

Play starts: 9.30am
Registration Form: Please click here

BADMINTON EVENT

Date: 21 January 2011, Friday (2.00pm-8.00pm)

Venue: UBD sports complex (indoor courts),

Tungku Link, Gadong

Registration Time: 2.00 pm

Play starts: 2.30pm

Registration Form: Please Click here

BRUONZ RECEPTION DINNER
Date: 29 January 2011, Saturday (7.00pm)

Venue: Rizqun International Hotel, Sutra Hall Level 4

Gadong

Ticket price: To be Announced

Tuesday, December 28, 2010

Boom Time For Brunei As World Oil Prices Shoot Up

Bandar Seri Begawan - Brunei Darussalam is all set to shoot for the stars as world oil price rockets sky-high, potentially swelling the nation's coffers.

And that is good news for the country, which has embarked on a comprehensive national development plan.

That would also help to meet the growing budget needs towards maintaining the Sultanate's welfare state status.

The population has been steadily growing, which is now inching towards the half-million mark as compared to 250,000, in the 1960s.

That means more money to maintain the countries free services, which largely depend on oil and gas exports as the mainstay.

It costs money to upkeep the free educational and medical systems going and there are umpteen subsidies both visible and hidden that keep the people happy.

There is no personal income tax and there is a large civil service where majority of the subjects are given jobs.

And now what is seen as a bonanza for Brunei is the fact that international oil price has shot up to around US$94 per barrel that will keep the country in clover.

And some people in the Sultanate are watching hopefully as the oil price relentlessly goes upwards towards the symbolic US$100 from the previous long standing rate of around US$60 per barrel.

There will now be much hope for the country to progress.

The sudden rise in oil prices seems a replay of events 30 years ago.

Before September 2003, the inflation-adjusted price of a barrel of crude oil was generally under US$25 per barrel.

During 2003, the price rose above US$30, and reached US$60 by August 11, 2005, and peaked at US$147.30 in July 2008.

Commentators at that time attributed these price increases to many factors, including reports from the United States Department of Energy and others showing a decline in petroleum reserves, worries over peak oil Middle East tension, and oil price speculation.

Now market analysts say that global oil consumption is expected to rise to a record level next year, according to the Paris-based International Energy Agency and other forecasters.

Saudi Arabian Oil Minister Ali al-Naimi said in Quito on Dec 11 that oil at US$70 to US$80 a barrel is a good price, that the market is stable and supply and demand are in balance, while Kuwaiti Oil Minister Sheikh Ahmad al-Abdullah al-Sabah said then that he was satisfied with prices near US$90.

Qatar's Oil Minister Abdullah bin Hamad al-Attiyah has said that oil around the US$80 region was best for producers and consumers. Algerian Oil Minister Youcef Yousfi said at a conference in Doha on December 1 that the market is in a "normal situation" and prices are likely to be stable for months.

Some Wall Street strategists expect prices will return to US$100 for the first time in two years during 2011 amid rising global demand, including Goldman Sachs Group Inc, Morgan Stanley, JPMorgan Chase & Co and Bank of America Merrill Lynch.

The Dow Jones industrial average and the S&P 500 index both rose Wednesday to their highest levels since July 2008 after the Commerce Department said the US economy rose in the third quarter at an annual rate of 2.6 per cent, a slight increase from its earlier estimate.

"The price of crude is highly connected to the direction of the equities markets and confidence in a global recovery," Sander Capital Advisors said in a report.

"When equities go up, it tends to mean confidence is up and thus consumption is up." -- Courtesy of Borneo Bulletin

Sunday, November 14, 2010

Summer Holiday 2010/2011

~ Happy Holiday to all ~

3 months ++ :)

Awesome Life

Please be informed that exam results will be out on 2nd December 2010...

Good Luck to all of us...

Saturday, October 16, 2010

Hi Tea With Australian High Comissioner (July 2010)

Last July 2010, just ~ a week before our flight to Sydney, We were invited to Hi Tea with Australian High Comissioner to Brunei. Mr Mark Sawers in Batu Besurat. We feel very lucky to be invited the Australian Hi Comm. On behalf of all Petroleum and Chemical Enginnering Student of ITB 2009/2010 we would like to say Thank You Very Much for the advices, help and support from your side to ensure we are ready and prepare to feel this wonderful experience in Sydney.

Taking Photo with Australian High Comissioner to Brunei. Mr Mark Sawers

Sengwei and Nabila' Family

Mingling around

------------------------------------------------------------------------------------------

Australian High Commission hosts high-tea event

The Australian High Commission hosted a high-tea event for Bruneian students who are about to embark on a three-year articulation at the University of New South Wales (UNSW) yesterday. Fifteen Bruneian students attended the high tea, which was held at the residence of the Australian High Commissioner, Mr Mark Sawers.

According to sources from the High Commission, "HRD Services, as the local representative of the University of New South Wales in Brunei, assisted dialogue between the UNSW and Institut Teknologi Brunei (ITB)".

This dialogue resulted in the signing of a Memorandum of Agreement, "whereby students complete the first of a four-year degree at ITB, before heading off to the University of New South Wales, in Australia, for the remaining three years of study".

It is anticipated that, over time, the programmes will become more localised, with a greater amount of time spent studying in Brunei. The 15 students comprising BSP scholars, Ministry of Education scholars and privately-funded students will depart Brunei between July 7-11. Also in attendance at the the high tea were representatives from ITB, senior staff from BSP, HRD Services personnel and parents of the students, all of whom made this opportunity possible.

The Australian High Commission "supports the work of HRD Services in securing this valuable articulation that will further strengthen the educational ties between Brunei and Australia." Courtesy of Borneo Bulletin