Kuala Lumpur  - Malaysia will lift price controls on petrol and diesel as part of efforts to reduce the government's financial burden from subsidies, a minister said Tuesday.

Manila  - Asia-Pacific energy experts, policymakers and project developers on Tuesday called for massive new investments in clean energy amid spiraling costs for oil and coal and the growing threat

Madrid  - The Spanish oil company Repsol will seek government permission to explore for oil in Canary Islands waters claimed by Morocco, the daily El Mundo reported Monday.

Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) gained ground on Thursday after slipping by almost 3 dollars earlier this week, OPEC said

Hanoi - Four Vietnamese companies will establish a joint venture with German manufacturer Fuhrlaender AG to build Vietnam's first wind turbine factory, an executive of one of the Vietnamese firms