Energy Sector

OPEC crude price falls by another two dollars

Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by more than two dollars Thursday, data released by OPEC showed on Friday.

Gujarat State Petroleum to invest $1 bln in KG basin

India’s State-run Gujarat State Petroleum Corporation (GSPC) has informed that it would invest US$ 1 billion in bringing to production its eastern offshore Krishna Godavari basin gas field by 2011

OPEC crude price plunges by nearly five dollars

Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) dropped by nearly five dollars on Wednesday, according to a statement by OPEC on Thursday.

EPIC Energy acquires Sathian Sun Power System

EPIC Energy Ltd has finally acquired Sathian Sun Power Systems, a Tamil Nadu based solar energy products company, for an undisclosed amount.

BGR Energy secures contract worth Rs 4900 crore, Stock surges 13%

BGR Energy Systems has secured an EPC contract worth Rs 4,900 crore from Rajasthan Rajya Vidyut Utpadan Nigam for two 600 MW Kalisindh Thermal Power Project.  
 

Shareholders approve Suez-GDF merger, creating energy giant

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