Budapest  - Hungarian energy firm MOL said Wednesday it hoped a joint venture with ExxonMobil and the UK's Falcon Oil and Gas could lead to unconventional gas being extracted from Hungary's Mako tr

Vienna  - The price for crudes produced by the Organization of the Petroleum Exporting Countries (OPEC) continued its record- breaking rise on Tuesday, OPEC said on Wednesday.

Islamabad  - The government of energy-starved Pakistan plans to distribute 10 millio

Vienna - The price for crudes produced by the Organization of the Petroleum Exporting Countries (OPEC) peaked above 104 dollars for the first time on Monday, OPEC said on Tuesday.

Rio de Janeiro - A discovery off Brazil's Atlantic coast could prove to

Vienna - The pr