Energy Sector

New Zealand to launch electricity conservation campaign

Wellington  - The New Zealand government will launch a national television campaign to persuade consumers to save electricity at the weekend unless significant rain tops up hydro storage lakes in t

G8 energy ministers open talks

Aomori, Japan  - G8 energy ministers open talksEnergy ministers from the Gro

Oil prices not in best interest of oil producing countries

Aomori, Japan - Energy ministers from Japan, the United States, China, India and South Korea expressed "serious concern" Saturday at record-high oil prices, saying they were not in the best interes

Oil To Touch USD 150 A Barrel By Next Month

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.

GAIL Signs Gas Co-Operation Pact With TIDCO

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

Oil price pose risks for world economy, says Japanese minister

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

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