Energy Sector

Carborundum Universal to acquire 51% stake in SA-based Foskor Zirconia

Fuel crisis blows over, business as usual at bunks

Nearly three-day-old fuel crisis in Chennai is over with
starting of normal distribution of petroleum products on pumps. Oil marketing

OPEC crude continues record-breaking climb

Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) climbed to a new high above 137 dollars Wednesday, a statement by OPEC said Thursday.

ICSA India secures Rs 1.45 billion order

ICSA India has made announcement that the company has pocketed work orders for a total value of Rs 1.45 billion from Uttar Haryana Bijlee Vitaran Nigam, Dakshin Haryana Bijlee Vitaran Nigam, Mahara

Taiwan Power Co to plant 1 million trees in exchange for expansion

Taipei - The Taiwan Power Co (Taipower), after promising to plant 1 million trees, has won permission from the Environmental Protection Administration (EPA) to expand one of its power plants, a ne

OPEC chief rules out return of price band

The prices of petroleum are higher than ever. All the developing countries are worried about the adverse effects of this price rise on the economies.

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