Oil prices climbed on Friday amid reports it could touch USD 150 by the coming month (July 2008) due to increasing demand and political pressure.

In order to assess medium and long term demand of gas potential of the state, Gas Authority of India (GAIL) announced that it has entered into a gas co-operation

Tokyo - Record high oil prices have reached "abnormal levels", according to Japan's Economics Minister Saturday.

Luxembourg  - Italy on Friday called on the European Commission to revise its biofue

Berlin  - Germany's parliament passed Friday legislation that trims cross-subsidies for the booming solar-power industry while boosting other methods of cutting carbon emissions when generating ele

New Delhi  - Life in India's eastern state of West Bengal and southern Andhra Pradesh was disrupted Friday after opposition parties called a daylong shutdown to protest a hike in fuel prices, offic