Tokyo - Japan and China have agreed on a joint natural gas exploration project in the disputed East China Sea, Japanese media reported Tuesday.

Riyadh - Saudi Arabia is planning to invest 80 billion dollars to increase its oil output to 12.5 million barrels per day and boost its refining capacity by 43 per cent in the next few years, accor

London, June 17 : In an earlier article on the oil crisis I had written that the oil crisis was heading for a far more serious crisis ---- economic of course.

Wellington - New Zealand will phase out traditional incandescent light bulbs next year as part of an energy-efficient lighting strategy that will save nearly 500 million New Zealand dollars (about

Vienna - The price for cru

Sydney  - Prime Minister Kevin Rudd announced Mond