Energy Sector

ONGC To Enter Uranium Mining Business In India With UCI

Country’s largest oil and gas explorer Oil and Natural Gas Corporation ONGC To Enter Uranium Mining Business In India With UCI  Limited (ONGC) plans to enter uranium mining business in alliance with public-sector Uranium Corporation of India (UCI), the only company producing nuclear power in India.

As the Indo-US nuclear deal is near finalization, the company sees this as a good time to enter into the business. It aims to tap the business opportunity from nuclear fuel shortage in Asia's third largest economy.

Areva T&D India Secures Order Worth €40 Mln

Areva T&D India Ltd., the local unit of the world's biggest maker of nuclear Areva T&D India Secures Order Worth €40 Mlnreactors, has been awarded a contract worth about €40mn with Larsen & Toubro Ltd. - ECC Division, for the supply of a substation package for Indira Gandhi International Airport in Delhi.

This contract is one of the biggest recently to be awarded in the Indian power distribution Industry. L&T is the main contractor for the Delhi International Airport Pvt. Ltd. (DIAL).

GAIL signs MoU with BPCL

OPEC crude price continues to slide , 9th day in a row

Organization of the Petroleum Exporting CountriesVienna

OPEC crude price plummets below 124 dollars

ViennaOPEC - The price for crude oil produced by the Organization o

OPEC crude price inches downward

ViennaOrganization of the Petroleum Exporting Countries - The price of crude oil

Pages