Energy Sector

G8 expected to agree to expand use of nuclear power

Tokyo - Group of Eight leaders were expected to agree to expand the use of civil nuclear power to fight climate change at the upcoming Toyako summit July 7-9, according to Japanese media Monday.

India’s First Power Exchange Starts Functioning

The country’s first electricity power exchange — the Indian Energy Exchange Ltd (IEX) started functioning on Friday.

Thailand's Saha Group goes solar

Bangkok  - Thailand's Saha Group goes solarThailand's Saha Group - the coun

ONGC Net Falls For First Time In 10 Years

High subsidies and wages are paralyzing to the state run companies day by day. The ever increasing international prices of crude oil have worsened the scenario.

OPEC crude price moves back up above 130 dollars

Vienna  - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose above the 130 dollar mark again on Thursday, an OPEC statement said Friday.

Australia again rejects nuclear power

Sydney  - Australian Prime Minister Kevin Rudd has reiterated his opposition to nuclear power after luminaries from within his own Labor Party described it as an essential bridge to a non-carbon fu

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