Aomori, Japan  - Energy ministers from the Gro

Aomori, Japan - Energy ministers from Japan, the United States, China, India and South Korea expressed "serious concern" Saturday at record-high oil prices, saying they were not in the best interes

Oil prices climbed on Friday amid reports it could touch USD 150 by the coming month (July 2008) due to increasing demand and political pressure.

In order to assess medium and long term demand of gas potential of the state, Gas Authority of India (GAIL) announced that it has entered into a gas co-operation

Tokyo - Record high oil prices have reached "abnormal levels", according to Japan's Economics Minister Saturday.

Luxembourg  - Italy on Friday called on the European Commission to revise its biofue