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

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

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.  
 

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.