Energy Sector

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

Shareholders approve Suez-GDF merger, creating energy giant

New Zealand government approves Hong Kong power utility takeover

Wellington - A takeover bid for the Wellington electricity network by Hong Kong's Cheung Kong group was formally approved Wednesday by the New Zealand government. 

Little movement in OPEC crude price

Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) remained virtually unchanged, figures released by OPEC showed on Tuesday.

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