Energy Sector

OPEC crude falls at the start of the week

Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell below 139 dollars a barrel on Monday, data released by OPEC on Tuesday showed. 

Underground air energy storage may be possible solution to high energy costs

Washington, July 5 : Scientists have suggested that a possible solution to high energy costs could lie underground in the form of compressed air energy storage 
(CAES).

Singapore's first zero-energy building to be completed next year

Singapore - Renovations to a research institute will turn the facility into Singapore's first zero-energy building, news reports said on Saturday.

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.

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