From latest developments, it has been revealed that State-owned NHPC, a hydroelectric power generating company, may delay its initial public offer (IPO) of 167 crore equity shares planned in October, due to market volatility. 

According to official sources, as the market conditions look uncertain for the IPO, so NHPC board has decided to review plan, before the launch. NHPC had earlier scheduled to hit the market between October 13-17. 

Dusseldorf - E. ON, one of Germany's biggest energy companies, said Thursday it had bought one quarter of the one of the world's greatest natural gas fields, at Yuzhno Russkoye in Russia.

The deal, which follows years of tortuous negotiations, was signed with gas monopoly Gazprom at a meeting of Russian and German government leaders on Thursday in the Russian city of St Petersburg.

Another big German company, BASF, has already bought a quarter of the same field.

E. ON controls a large part of Germany's gas and electricity supplies.

San Francisco - Web giant Google unveiled a new national energy plan for the US Wednesday that it said would largely wean the country of fossil fuels by 2030.

The 4.4-trillion-dollar plan was developed by Google's philanthropic arm Google. org, which predicted that the county would reap net savings of 1 trillion dollars over the idea's 22-year term.

New Delhi, Oct 2: The Oil Marketing Public Sector Undertakings (OMCs) under the Ministry of Petroleum and Natural Gas is set to unveil a massive public grievance redressal mechanism across the country from today for domestic LPG, petrol and diesel.

As part of the exercise, perhaps the largest ever in the country, the three marketing companies viz., IOC, BPCL and HPCL have separately provided toll free numbers for complaint registration and follow up on the complaints.

Mumbai-headquartered Everest Kanto Cylinder has notified that the company has successfully picked an order from Pakistan and Middle East Countries, for the supply of CNG cylinders.